36 institutional investors are raising stakes in Sears Holdings Corporation (SHLD)

Sears Holdings Corporation (NASDAQ:SHLD) enjoyed a 23.09% run-up in share price since hitting record low of $5.5. The stock managed 9.19% rise and now stands at $6.77 as of Oct. 13, 2017. At recent session, the prices were hovering between $6.17 and $6.83. This company shares are -40.92% up from its target price of $4 and the current market capitalization stands at $717.42M. The recent change has given its price a -13.69% deficit over SMA 50 and -52.72% deficit over its 52-week high. The stock witnessed -10.69% declines, -25.11% declines and -49.74% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found SHLD’s volatility during a week at 9.36% and during a month it has been found around 5.51%.

Sears Holdings Corporation (SHLD) Top Holders

Institutional investors currently hold around $417 million or 63.3% in SHLD stock. Look at its top three institutional owners. Fairholme Capital Management Llc owns $178.96 million in Sears Holdings Corporation, which represents roughly 24.94% of the company’s market cap and approximately 42.92% of the institutional ownership. Similar statistics are true for the second largest owner, Rbs Partners, L.P., which owns 20,535,979 shares of the stock are valued at $127.32 million. The third largest holder is Fine Capital Partners, L.P., which currently holds $16.64 million worth of this stock and that ownership represents nearly 2.32% of its market capitalization.

Sears Holdings Corporation 13F Filings

At the end of June reporting period, 36 institutional holders increased their position in Sears Holdings Corporation (NASDAQ:SHLD) by some 1,592,147 shares, 59 decreased positions by 5,086,495 and 36 held positions by 60,644,622. That puts total institutional holdings at 67,323,264 shares, according to SEC filings. The stock grabbed 13 new institutional investments totaling 286,383 shares while 22 institutional investors sold out their entire positions totaling 930,448 shares.

Sears Holdings Corporation (NASDAQ:SHLD) Insider Trades

Multiple company employees have indulged in significant insider trading. Sears Holdings Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director, 10% Owner Fairholme Capital Management L has acquired 286,600 shares of Sears Holdings Corporation (SHLD) in trading session dated Mar. 27, 2017. These shares are worth $2,330,058 and were traded at $8.13 each. The SEC filing shows that Lampert Edward S performed a purchase of 525,936 shares. The CEO, 10% Owner added these shares by way of transaction on Mar. 24, 2017. The company’s shares were assimilated at $7.93 per share worth to an investment of some $4,170,672 on account of Lampert Edward S.

Director, 10% Owner, Fairholme Capital Management L, purchased 613,900 common shares of Sears Holdings Corporation (SHLD) in the open market. In a transaction dated Mar. 22, 2017, the shares were bought at an average price of $8.17, giving away a sum of $5,015,563. After this purchase, 28,628,848 common shares of SHLD are directly owned by the insider, with total stake valued at $193,817,301.

In the transaction dated Mar. 17, 2017, the great number of shares acquired came courtesy the Director, 10% Owner; Fairholme Capital Management L added a total of 222,100 shares at an average price of $8.79, amounting to approximately $1,952,259. The insider now directly owns 28,054,048 shares worth $189,925,905.

SHARE