News headlines about Sears (NASDAQ:SHLD) have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sears earned a news sentiment score of 1.71 on their scale. InfoTrie also gave headlines about the company an news buzz score of 2 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Sears’ ranking:
- Sears Holdings’ Bankruptcy Could Drag Sears Hometown and Outlet Stores Down With It (fool.com)
- Eddie Lampert’s Next Play: Inside the Hedge Fund War at Sears (finance.yahoo.com)
- Sears Workers, Galvanized by Toys ‘R’ Us, Ask for Bankruptcy Assurances (finance.yahoo.com)
- [$$] ESL, Cyrus Prepare Sears Takeover as Liquidators Circle (finance.yahoo.com)
- Toys ‘R’ Us Workers Are Taking on the Hedge Funds They Say Cost Them Their Jobs (finance.yahoo.com)
Shares of SHLD stock traded down $0.01 on Friday, reaching $0.34. The stock had a trading volume of 385,690 shares, compared to its average volume of 8,195,515. Sears has a 1 year low of $0.28 and a 1 year high of $6.67.
Separately, S&P Equity Research cut their target price on Sears from $1.45 to $1.23 in a research note on Friday, August 31st.
In other news, major shareholder Bruce R. Berkowitz sold 141,800 shares of the firm’s stock in a transaction on Tuesday, October 9th. The stock was sold at an average price of $0.63, for a total value of $89,334.00. Following the transaction, the insider now directly owns 560,016 shares in the company, valued at approximately $352,810.08. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Bruce R. Berkowitz sold 42,400 shares of the firm’s stock in a transaction on Monday, October 1st. The stock was sold at an average price of $0.83, for a total value of $35,192.00. Following the completion of the transaction, the insider now owns 605,116 shares in the company, valued at $502,246.28. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 392,000 shares of company stock worth $292,374. Company insiders own 56.80% of the company’s stock.
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Sears Holdings Corporation operates as an integrated retailer in the United States. It operates in two segments, Kmart and Sears Domestic. The Kmart segment operates retail stores that offer a range of products, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and in-store pharmacies.
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