Kura Sushi USA, Inc. (NASDAQ:KRUS) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. reduced its position in Kura Sushi USA, Inc. (NASDAQ:KRUS - Free Report) by 19.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,057 shares of the company's stock after selling 6,331 shares during the quarter. Landscape Capital Management L.L.C. owned 0.22% of Kura Sushi USA worth $2,360,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in KRUS. Arcadia Investment Management Corp MI bought a new stake in shares of Kura Sushi USA during the 4th quarter worth approximately $31,000. Quantbot Technologies LP purchased a new stake in Kura Sushi USA in the fourth quarter worth $61,000. KLP Kapitalforvaltning AS bought a new stake in shares of Kura Sushi USA during the fourth quarter worth $109,000. US Bancorp DE boosted its stake in shares of Kura Sushi USA by 43.5% during the fourth quarter. US Bancorp DE now owns 1,805 shares of the company's stock valued at $163,000 after purchasing an additional 547 shares during the period. Finally, Janus Henderson Group PLC bought a new position in shares of Kura Sushi USA in the third quarter worth about $237,000. Institutional investors own 65.49% of the company's stock.

Kura Sushi USA Trading Up 11.4 %

Shares of NASDAQ:KRUS traded up $4.71 during trading on Wednesday, reaching $46.17. The stock had a trading volume of 331,360 shares, compared to its average volume of 195,360. The firm's 50-day simple moving average is $62.08 and its 200 day simple moving average is $80.90. Kura Sushi USA, Inc. has a one year low of $39.40 and a one year high of $121.99. The company has a market capitalization of $557.09 million, a P/E ratio of -69.35 and a beta of 1.72.

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Kura Sushi USA (NASDAQ:KRUS - Get Free Report) last issued its quarterly earnings results on Tuesday, April 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.06). Kura Sushi USA had a negative return on equity of 0.50% and a negative net margin of 3.08%. The business had revenue of $64.89 million for the quarter, compared to analyst estimates of $66.30 million. During the same period in the previous year, the company posted ($0.09) earnings per share. Equities research analysts forecast that Kura Sushi USA, Inc. will post 0.22 earnings per share for the current fiscal year.

Insider Transactions at Kura Sushi USA

In other Kura Sushi USA news, Director Seitaro Ishii sold 6,918 shares of the firm's stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $83.03, for a total value of $574,401.54. Following the completion of the transaction, the director now owns 1,313 shares of the company's stock, valued at approximately $109,018.39. This trade represents a 84.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 2.30% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on KRUS. TD Securities reiterated a "hold" rating and set a $72.00 price objective on shares of Kura Sushi USA in a report on Friday, April 4th. Benchmark decreased their price target on shares of Kura Sushi USA from $115.00 to $100.00 and set a "buy" rating for the company in a research note on Tuesday, March 25th. Barclays dropped their price objective on Kura Sushi USA from $75.00 to $52.00 and set an "equal weight" rating on the stock in a research note on Wednesday. William Blair restated an "outperform" rating on shares of Kura Sushi USA in a report on Wednesday. Finally, TD Cowen started coverage on Kura Sushi USA in a report on Tuesday, February 25th. They issued a "hold" rating and a $72.00 target price for the company. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $79.60.

Kura Sushi USA Company Profile