Insder Trading Filing: The Insider Carl Kirkland Sold 877 shares of Kirkland’s, Inc. (NASDAQ:KIRK)

November 28, 2016 - By Clifton Ray

Insder Trading Filing: The Insider Carl Kirkland Sold 877 shares of Kirkland's, Inc. (NASDAQ:KIRK)

Carl Kirkland Insider Sell

Carl Kirkland currently serving as director of Kirkland’s Inc not a long ago sold 877 shares of the corporation. The substantial insider sale has $13,173 U.S Dollars total value, at an average stock price per share of $15.0. Carl is trying to silently decrease his company’s share, same as he did in the last month. He sold another 299,123 shares worth $4,251,574 USD. At the moment, Carl Kirkland owns 466,134 shares which are about 2.96% of the company’s total market cap. This stock deal by Mr. Carl – was recorded on 28-11-2016 and unveiled in a SEC’s filing available here.

Kirkland’s, Inc. (NASDAQ:KIRK) Ratings Coverage

Out of 6 analysts covering Kirkland’s (NASDAQ:KIRK), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. $21.0 is the highest target while $16 is the lowest. The $17.50 average target is 15.82% above today’s ($15.11) stock price. Kirkland’s has been the topic of 7 analyst reports since September 4, 2015 according to StockzIntelligence Inc. The stock of Kirkland’s, Inc. (NASDAQ:KIRK) has “Outperform” rating given on Friday, November 20 by Barrington Research. The stock of Kirkland’s, Inc. (NASDAQ:KIRK) has “Neutral” rating given on Tuesday, August 23 by Sidoti. The firm earned “Overweight” rating on Thursday, October 6 by KeyBanc Capital Markets. The firm earned “Hold” rating on Friday, September 4 by Zacks. The firm earned “Buy” rating on Wednesday, August 24 by SunTrust. Suntrust Robinson maintained the stock with “Buy” rating in Wednesday, August 24 report.

Insitutional Activity: The institutional sentiment increased to 1.35 in 2016 Q2. Its up 0.51, from 0.84 in 2016Q1. The ratio is positive, as 12 funds sold all Kirkland’s, Inc. shares owned while 44 reduced positions. 17 funds bought stakes while 30 increased positions. They now own 13.20 million shares or 2.12% less from 13.49 million shares in 2016Q1.

Pinebridge Lp accumulated 1,849 shares or 0% of the stock. Retail Bank Of America Corp De has invested 0% of its portfolio in Kirkland’s, Inc. (NASDAQ:KIRK). Blackrock Institutional Trust Commerce Na owns 390,974 shares or 0% of their US portfolio. First Quadrant L P Ca last reported 0% of its portfolio in the stock. Invesco Ltd holds 31,827 shares or 0% of its portfolio. Wells Fargo And Communications Mn has invested 0% of its portfolio in Kirkland’s, Inc. (NASDAQ:KIRK). The Pennsylvania-based Susquehanna Interest Llp has invested 0% in Kirkland’s, Inc. (NASDAQ:KIRK). Moreover, California Employees Retirement Sys has 0% invested in Kirkland’s, Inc. (NASDAQ:KIRK) for 158,400 shares. D E Shaw Inc last reported 0% of its portfolio in the stock. 1492 Cap Management Lc, a Wisconsin-based fund reported 26,795 shares. Blackrock Group last reported 0% of its portfolio in the stock. Morgan Stanley reported 22,041 shares or 0% of all its holdings. Schwab Charles Mgmt holds 82,908 shares or 0% of its portfolio. Moreover, Legal And General Group Public Ltd Liability has 0% invested in Kirkland’s, Inc. (NASDAQ:KIRK) for 2,732 shares. Parametric Port Associate Limited holds 0% of its portfolio in Kirkland’s, Inc. (NASDAQ:KIRK) for 53,092 shares.

Insider Transactions: Since September 15, 2016, the stock had 0 insider buys, and 13 selling transactions for $5.51 million net activity. KIRKLAND CARL sold 128,205 shares worth $1.86M.

About 11,296 shares traded hands. Kirkland’s, Inc. (NASDAQ:KIRK) has declined 6.41% since April 25, 2016 and is downtrending. It has underperformed by 12.42% the S&P500.

Kirkland’s, Inc. is a specialty retailer of home decor and gifts in the United States. The company has a market cap of $245.55 million. The Company’s merchandise categories include wall decor, art, mirrors, lamps, decorative accessories, accent furniture, textiles, fragrance and accessories, frames, housewares, impulse and personal accessories, outdoor living and artificial floral products. It has a 22.38 P/E ratio. The Company’s stores also offer a range of holiday merchandise during seasonal periods, as well as items carried throughout the year suitable for gift-giving.

According to Zacks Investment Research, “Kirklands Inc. is a leading specialty retailer of home decor in the United States. Their stores present a broad selection of distinctive merchandise, including framed art, mirrors, candles, lamps, picture frames, accent rugs, garden accessories and artificial floral products. Their stores also offer an extensive assortment of holiday merchandise, as well as items carried throughout the year suitable for giving as gifts.”

More important recent Kirkland’s, Inc. (NASDAQ:KIRK) news were published by: Streetinsider.com which released: “Form 4 KIRKLAND’S, INC For: Nov 25 Filed by: KIRKLAND CARL” on November 28, 2016, also Prnewswire.com published article titled: “Kirkland’s Reports Second Quarter 2016 Results”, Prnewswire.com published: “Kirkland’s Reports Fourth Quarter Sales” on February 04, 2016. More interesting news about Kirkland’s, Inc. (NASDAQ:KIRK) was released by: Streetinsider.com and their article: “Form 4 KIRKLAND’S, INC For: Nov 23 Filed by: KIRKLAND CARL” with publication date: November 25, 2016.

KIRK Company Profile

Kirkland’s, Inc., incorporated on January 22, 1981, is a specialty retailer of home decor and gifts in the United States. The Company’s merchandise categories include wall decor, art, mirrors, lamps, decorative accessories, accent furniture, textiles, fragrance and accessories, frames, housewares, impulse and personal accessories, outdoor living and artificial floral products. The Company’s stores also offer a range of holiday merchandise during seasonal periods, as well as items carried throughout the year suitable for gift-giving. The Company’s average stores generally carry approximately 4,700 Stock Keeping Units (SKUs). The Company’s stores operate under various names, such as Kirkland’s, Kirkland’s Home, Kirkland’s Home Outlet, Kirkland’s Outlet and The Kirkland Collection.

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