Kirkland’s, Inc. (NASDAQ:KIRK) has been the object of insider selling activity recently. Director Carl Kirkland sold 4,800 shares at an average price of $12.51 on September 26th. That brings the Director’s holdings to $10,217,830 per an SEC filing yesterday. Director Wilson R. Iii Orr sold 5,000 shares at an average price of $15.00 on Fri the 24th. That brings Orr’s holdings to $330,705 as recorded in a recent Form 4 SEC filing.
These firms have also modified their investment in KIRK. Mason Street Advisors, LLC bolstered its ownership by buying 272 shares an increase of 10.7%. Mason Street Advisors, LLC controls 2,808 shares worth $41,000. The total value of its holdings increased 10.8%. Royal Bank Of Canada divested its holdings by shedding 45 shares a decrease of 47.4% as of 06/30/2016. Royal Bank Of Canada owns 50 shares with a value of $1,000. The value of the position overall is down by 0.0%.
Schwab Charles Investment Management Inc grew its position by buying 18,220 shares an increase of 28.2% from 12/31/2015 to 06/30/2016. Schwab Charles Investment Management Inc currently owns 82,908 shares valued at $1,218,000. The value of the position overall is up by 29.9%. Nokomis Capital, L.l.c. added to its investment by buying 38,378 shares an increase of 2.5% in the quarter. Nokomis Capital, L.l.c. now controls 1,561,942 shares valued at $22,929,000. The value of the position overall is down by 14.1%.
On August 24 SunTrust Robinson Humphrey maintained a stock rating of “Buy” and lowered the price expectation from $20.00 to $16.00. On August 23 the company was downgraded to “Neutral” from “” in a statement from Sidoti & Co..
May 19 investment analysts at SunTrust Robinson Humphrey kept the company rating at “Buy” but lowered the price expectation to $20.00 from $22.00. Equity analyst B. Riley started coverage giving it an initial rating of “Buy”.
On November 20 SunTrust Robinson Humphrey left the company rating at “Buy” and lowered the price target from $34.00 to $22.00. On March 27 the stock rating was upgraded from “Sell” to “Overweight” in an announcement from EVA Dimensions.
In the market the company is trading up by 0.08 percent from yesterday’s close. Company shares last traded at $12.45 which is marginally under $13.29, the 50 day moving average and just a bit lower than the 200 day moving average of $14.82. The 50 day moving average moved down $-0.85 and the 200 day average moved down $-2.38.
The company currently has a P/E ratio of 15.13 and the market cap of the company is 197.67M. As of the latest earnings report the EPS was $0.82 and is expected to be $0.73 for the current year with 15,890,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.99 and the next full year EPS is projected to be $0.93.
Investors are more bearish lately as evidenced by the increase in short interest. The firm realized a rise in short interest from August 31, 2016 to September 15, 2016 of 0.11%. Short shares grew from 635,100 to 704,692 over that period. Days to cover increased from 2.2 to 4.2 and the percentage of shorted shares is 0.04% as of September 15.