Kirkland’s, Inc (KIRK) Files Form 4 Insider Selling : Carl Kirkland Sells 17,992 Shares

Kirkland’s, Inc (KIRK): Carl Kirkland , director of Kirkland’s, Inc sold 17,992 shares on Sep 23, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $12.63 per share for a total value of $227,273.14 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 23, 2016, Carl Kirkland (director) sold 19,718 shares at $12.59 per share price.On Jun 27, 2016, Wilson R Iii Orr (director) sold 5,000 shares at $15.00 per share price.Also, On Jul 22, 2015, Robert E Alderson (director) sold 9,005 shares at $27.48 per share price.On Jun 19, 2015, W Michael Madden (President and CEO) sold 12,000 shares at $25.86 per share price.

Kirkland's: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Kirkland's which led to swings in the share price. The shares opened for trading at $12.3 and hit $12.65 on the upside , eventually ending the session at $12.58, with a gain of 3.03% or 0.37 points. The heightened volatility saw the trading volume jump to 1,15,524 shares. The 52-week high of the share price is $24.36 and the company has a market cap of $200 M . The 52-week low of the share price is at $11.18.

Kirkland's Money Flow Index Chart

Company has been under the radar of several Street Analysts.Kirkland's is Downgraded by Sidoti to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 23, 2016.

Kirkland’s Inc. is a retailer of home decor and gifts in the United States. As of January 31 2015 the Company operated 344 stores in 35 states as well as an e-commerce enabled Website. The Company’s stores present a line of merchandise including framed art mirrors wall decor candles and related items lamps decorative accessories accent furniture textiles garden-related accessories and artificial floral products. Its stores also offer an assortment of holiday merchandise during seasonal periods as well as items carried throughout the year suitable for gift-giving. Its stores operate under the names such as Kirkland’s Kirkland’s Home Kirkland’s Home Outlet Kirkland’s Outlet and The Kirkland Collection. The Company operates in metropolitan markets such as Houston Texas and Atlanta Georgia; middle markets such as Nashville Tennessee and Kansas City Missouri and smaller markets such as Lafayette Louisiana and Amarillo Texas.

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