Kura Sushi USA, Inc. (NASDAQ:KRUS) Director Seitaro Ishii Sells 5,000 Shares

Kura Sushi USA, Inc. (NASDAQ:KRUS - Get Free Report) Director Seitaro Ishii sold 5,000 shares of the firm's stock in a transaction on Friday, April 12th. The shares were sold at an average price of $109.97, for a total transaction of $549,850.00. Following the completion of the transaction, the director now directly owns 1,313 shares of the company's stock, valued at $144,390.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Kura Sushi USA Trading Down 0.2 %

Shares of NASDAQ KRUS traded down $0.18 during midday trading on Wednesday, reaching $110.00. The company had a trading volume of 113,725 shares, compared to its average volume of 127,526. Kura Sushi USA, Inc. has a 1 year low of $51.02 and a 1 year high of $122.81. The business's 50-day simple moving average is $103.95 and its 200 day simple moving average is $83.39. The stock has a market cap of $1.24 billion, a P/E ratio of 792.34 and a beta of 1.98.

Analysts Set New Price Targets

A number of brokerages recently commented on KRUS. Barclays increased their price target on shares of Kura Sushi USA from $82.00 to $95.00 and gave the company an "equal weight" rating in a report on Friday, April 5th. Benchmark raised their target price on shares of Kura Sushi USA from $90.00 to $105.00 and gave the stock a "buy" rating in a research report on Friday, January 12th. Citigroup upped their price target on shares of Kura Sushi USA from $122.00 to $124.00 and gave the stock a "neutral" rating in a research report on Friday, April 5th. Craig Hallum lifted their price objective on shares of Kura Sushi USA from $90.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, April 2nd. Finally, William Blair restated an "outperform" rating on shares of Kura Sushi USA in a report on Friday, April 5th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $108.86.

Hedge Funds Weigh In On Kura Sushi USA

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Kura Sushi USA by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 305,367 shares of the company's stock valued at $20,191,000 after purchasing an additional 2,731 shares during the last quarter. Trexquant Investment LP increased its holdings in Kura Sushi USA by 29.5% in the 3rd quarter. Trexquant Investment LP now owns 5,297 shares of the company's stock worth $350,000 after buying an additional 1,208 shares during the period. Valmark Advisers Inc. raised its position in Kura Sushi USA by 101.2% during the 3rd quarter. Valmark Advisers Inc. now owns 16,153 shares of the company's stock worth $1,068,000 after buying an additional 8,123 shares during the last quarter. Lord Abbett & CO. LLC raised its position in Kura Sushi USA by 14.1% during the 3rd quarter. Lord Abbett & CO. LLC now owns 209,692 shares of the company's stock worth $13,865,000 after buying an additional 25,985 shares during the last quarter. Finally, Legato Capital Management LLC lifted its stake in Kura Sushi USA by 35.2% during the 4th quarter. Legato Capital Management LLC now owns 14,584 shares of the company's stock valued at $1,108,000 after acquiring an additional 3,796 shares during the period. 65.49% of the stock is owned by institutional investors and hedge funds.

Kura Sushi USA Company Profile