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Lampert Buys More Shares Of Sears Hometown and Outlet Stores Inc

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Mani
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Edward S. Lampert, the hedge fund manager of ESL Investments and chief executive of Sears Holdings Corp (NASDAQ:SHLD), bought 32,720 shares of Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS).

Large shareholders owning over 10% of a company’s stock are mandated to disclose their sales and purchases with the SEC.

Open market transactions

Lampert purchased Sears Hometown and Outlet Stores Inc (NASDAQ:SHOS)’s stock at an average price of $19.97 per share, for a total transaction of $653,418.40.

The following are the open market insider buys of SHOS:

Open market insider buys v

As reported last month, Sears Hometown and Outlet Stores Inc shares are down over 20%...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports