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

Kura Sushi USA, Inc. (NASDAQ:KRUS) Director Seitaro Ishii sold 5,000 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $109.97, for a total transaction of $549,850.00. Following the completion of the sale, the director now directly owns 1,313 shares of the company’s stock, valued at approximately $144,390.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kura Sushi USA Trading Down 0.2 %

Shares of Kura Sushi USA stock opened at $110.00 on Thursday. The company’s 50-day moving average price is $104.17 and its two-hundred day moving average price is $83.57. Kura Sushi USA, Inc. has a 52 week low of $51.02 and a 52 week high of $122.81. The stock has a market cap of $1.24 billion, a PE ratio of 785.77 and a beta of 1.98.

Analyst Ratings Changes

KRUS has been the subject of several research analyst reports. Craig Hallum upped their price objective on shares of Kura Sushi USA from $90.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Roth Mkm upped their price objective on shares of Kura Sushi USA from $87.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, April 5th. Benchmark upped their price objective on shares of Kura Sushi USA from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, January 12th. Citigroup upped their price objective on shares of Kura Sushi USA from $122.00 to $124.00 and gave the stock a “neutral” rating in a report on Friday, April 5th. Finally, Lake Street Capital boosted their price target on shares of Kura Sushi USA from $70.00 to $93.00 and gave the stock a “hold” rating in a research report on Friday, April 5th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $108.86.

Institutional Trading of Kura Sushi USA

Institutional investors and hedge funds have recently bought and sold shares of the stock. US Bancorp DE raised its holdings in Kura Sushi USA by 58.3% during the 2nd quarter. US Bancorp DE now owns 361 shares of the company’s stock worth $34,000 after buying an additional 133 shares during the period. Quest Partners LLC acquired a new stake in Kura Sushi USA during the 4th quarter worth about $36,000. Lazard Asset Management LLC acquired a new stake in Kura Sushi USA during the 4th quarter worth about $43,000. Ameritas Investment Partners Inc. raised its holdings in Kura Sushi USA by 72.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 482 shares of the company’s stock worth $45,000 after buying an additional 202 shares during the period. Finally, Barclays PLC raised its holdings in Kura Sushi USA by 533.7% during the 4th quarter. Barclays PLC now owns 1,242 shares of the company’s stock worth $59,000 after buying an additional 1,046 shares during the period. Institutional investors and hedge funds own 65.49% of the company’s stock.

Kura Sushi USA Company Profile