Kirkland’s, Inc. (NASDAQ:KIRK) CFO Nicole Allyson Strain purchased 20,000 shares of the business’s stock in a transaction on Friday, June 26th. The shares were acquired at an average price of $2.30 per share, for a total transaction of $46,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 145,069 shares in the company, valued at approximately $333,658.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Kirkland’s stock opened at $2.27 on Wednesday. The stock has a market capitalization of $33.07 million, a price-to-earnings ratio of -0.61 and a beta of 1.05. Kirkland’s, Inc. has a 52-week low of $0.56 and a 52-week high of $3.70. The stock’s 50 day moving average price is $1.48 and its two-hundred day moving average price is $1.19. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.50 and a current ratio of 1.31.
Kirkland’s (NASDAQ:KIRK) last posted its quarterly earnings results on Thursday, June 4th. The specialty retailer reported ($1.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.52) by ($0.77). Kirkland’s had a negative return on equity of 39.72% and a negative net margin of 9.39%. The business had revenue of $77.25 million for the quarter.
Institutional investors and hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. lifted its holdings in shares of Kirkland’s by 1,100.0% in the 1st quarter. Sunbelt Securities Inc. now owns 26,400 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 24,200 shares in the last quarter. KBC Group NV bought a new position in shares of Kirkland’s in the 4th quarter worth $38,000. UBS Group AG lifted its holdings in shares of Kirkland’s by 220.2% in the 1st quarter. UBS Group AG now owns 55,242 shares of the specialty retailer’s stock worth $43,000 after purchasing an additional 37,987 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Kirkland’s by 322.1% in the 1st quarter. Invesco Ltd. now owns 295,207 shares of the specialty retailer’s stock worth $229,000 after purchasing an additional 225,262 shares in the last quarter. Finally, DCF Advisers LLC bought a new position in shares of Kirkland’s in the 4th quarter worth $331,000. Institutional investors own 35.16% of the company’s stock.
Kirkland's, Inc operates as a specialty retailer of home décor in the United States. The company's stores provide various merchandise, including holiday décor, furniture, art, fragrance and accessories, ornamental wall décor, decorative accessories, mirrors, lamps, textiles, artificial floral products, gifts, housewares, outdoor living items, frames, and clocks.
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