Steven C. Woodward Acquires 46,808 Shares of Kirkland’s, Inc. (NASDAQ:KIRK) Stock

Kirkland’s, Inc. (NASDAQ:KIRK) CEO Steven C. Woodward purchased 46,808 shares of the business’s stock in a transaction on Friday, June 26th. The stock was purchased at an average cost of $2.37 per share, for a total transaction of $110,934.96. Following the completion of the acquisition, the chief executive officer now directly owns 532,181 shares of the company’s stock, valued at approximately $1,261,268.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

NASDAQ KIRK opened at $2.27 on Wednesday. The company has a fifty day moving average of $1.48 and a 200 day moving average of $1.19. The company has a market capitalization of $33.07 million, a PE ratio of -0.61 and a beta of 1.05. Kirkland’s, Inc. has a 1 year low of $0.56 and a 1 year high of $3.70. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.31 and a quick ratio of 0.50.

Kirkland’s (NASDAQ:KIRK) last released its quarterly earnings data on Thursday, June 4th. The specialty retailer reported ($1.29) earnings per share for the quarter, missing the Zacks’ consensus estimate 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 company had revenue of $77.25 million for the quarter.

Hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC boosted its position in shares of Kirkland’s by 3.8% in the 4th quarter. Renaissance Technologies LLC now owns 1,076,700 shares of the specialty retailer’s stock valued at $1,335,000 after purchasing an additional 39,400 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Kirkland’s by 75.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 942,633 shares of the specialty retailer’s stock valued at $1,169,000 after buying an additional 405,275 shares during the period. Invesco Ltd. increased its stake in Kirkland’s by 322.1% in the 1st quarter. Invesco Ltd. now owns 295,207 shares of the specialty retailer’s stock valued at $229,000 after buying an additional 225,262 shares during the period. DCF Advisers LLC acquired a new position in Kirkland’s in the 4th quarter valued at $331,000. Finally, UBS Group AG grew its stake in shares of Kirkland’s by 220.2% during 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 during the period. Institutional investors own 35.16% of the company’s stock.

Kirkland’s Company Profile

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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