17,304 Shares in Kura Sushi USA, Inc. (NASDAQ:KRUS) Purchased by Calamos Advisors LLC

Calamos Advisors LLC acquired a new position in Kura Sushi USA, Inc. (NASDAQ:KRUS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 17,304 shares of the company's stock, valued at approximately $1,567,000. Calamos Advisors LLC owned approximately 0.14% of Kura Sushi USA as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FMR LLC raised its position in shares of Kura Sushi USA by 45.7% during the third quarter. FMR LLC now owns 1,246,359 shares of the company's stock worth $100,407,000 after purchasing an additional 390,688 shares during the period. Fred Alger Management LLC raised its position in shares of Kura Sushi USA by 24.5% during the third quarter. Fred Alger Management LLC now owns 505,600 shares of the company's stock worth $40,731,000 after purchasing an additional 99,515 shares during the period. Verition Fund Management LLC raised its position in shares of Kura Sushi USA by 914.2% during the third quarter. Verition Fund Management LLC now owns 51,641 shares of the company's stock worth $4,160,000 after purchasing an additional 46,549 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in shares of Kura Sushi USA during the third quarter worth $2,609,000. Finally, Roubaix Capital LLC raised its position in shares of Kura Sushi USA by 104.8% during the third quarter. Roubaix Capital LLC now owns 56,979 shares of the company's stock worth $4,590,000 after purchasing an additional 29,158 shares during the period. Institutional investors own 65.49% of the company's stock.

Kura Sushi USA Trading Up 1.5 %

NASDAQ KRUS traded up $1.10 on Friday, reaching $73.20. The stock had a trading volume of 184,145 shares, compared to its average volume of 165,873. The company has a market capitalization of $883.52 million, a price-to-earnings ratio of -107.65 and a beta of 1.81. The business has a 50 day moving average price of $89.09 and a 200 day moving average price of $81.93. Kura Sushi USA, Inc. has a 1 year low of $48.66 and a 1 year high of $122.81.

Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last issued its quarterly earnings results on Tuesday, January 7th. The company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.24) by $0.16. Kura Sushi USA had a negative return on equity of 0.50% and a negative net margin of 3.08%. On average, analysts anticipate that Kura Sushi USA, Inc. will post 0.22 earnings per share for the current fiscal year.

Insider Buying and Selling at Kura Sushi USA

In other Kura Sushi USA news, Director Seitaro Ishii sold 6,918 shares of the business's stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $83.03, for a total value of $574,401.54. Following the transaction, the director now owns 1,313 shares of the company's stock, valued at approximately $109,018.39. The trade was a 84.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on KRUS shares. Piper Sandler lifted their price target on Kura Sushi USA from $63.00 to $98.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. William Blair reiterated an "outperform" rating on shares of Kura Sushi USA in a report on Wednesday, January 8th. Craig Hallum lifted their price target on Kura Sushi USA from $85.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Lake Street Capital lifted their price target on Kura Sushi USA from $78.00 to $103.00 and gave the company a "hold" rating in a report on Wednesday, January 8th. Finally, Barclays lifted their price target on Kura Sushi USA from $70.00 to $90.00 and gave the company an "equal weight" rating in a report on Friday, November 8th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $89.75.

Kura Sushi USA Profile