Kirkland’s Target of Unusually High Options Trading (NASDAQ:KIRK)

Posted by MarketBeat News on Jan 9th, 2025

Kirkland’s, Inc. (NASDAQ:KIRK – Get Free Report) was the target of some unusual options trading activity on Wednesday. Stock traders bought 9,808 call options on the stock. This represents an increase of approximately 1,683% compared to the typical volume of 550 call options.

Analyst Upgrades and Downgrades

Separately, Benchmark reiterated a “buy” rating and issued a $7.00 target price on shares of Kirkland’s in a report on Wednesday, October 23rd.

View Our Latest Research Report on KIRK

Institutional Inflows and Outflows

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Several institutional investors have recently added to or reduced their stakes in KIRK. Wolverine Trading LLC bought a new stake in shares of Kirkland’s during the third quarter valued at approximately $26,000. Dupree Financial Group LLC increased its holdings in Kirkland’s by 28.3% during the 3rd quarter. Dupree Financial Group LLC now owns 31,700 shares of the specialty retailer’s stock worth $69,000 after purchasing an additional 7,000 shares during the period. Finally, Geode Capital Management LLC raised its position in Kirkland’s by 7.7% during the 3rd quarter. Geode Capital Management LLC now owns 132,445 shares of the specialty retailer’s stock valued at $290,000 after purchasing an additional 9,431 shares in the last quarter. Hedge funds and other institutional investors own 15.38% of the company’s stock.

Kirkland’s Stock Performance

Shares of NASDAQ KIRK opened at $1.65 on Thursday. The business’s 50 day moving average price is $1.71 and its 200-day moving average price is $1.74. The company has a market cap of $21.64 million, a price-to-earnings ratio of -1.03 and a beta of 2.46. Kirkland’s has a fifty-two week low of $1.39 and a fifty-two week high of $3.30.

Kirkland’s Company Profile

(Get Free Report)

Kirkland’s, Inc operates as a specialty retailer of home décor and furnishings in the United States. Its stores provide various merchandise, including holiday décor, furniture, textiles, ornamental wall décor, decorative accessories, art, mirrors, home fragrance, lighting, floral, housewares, outdoor, and gifts.