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 business’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $109.97, for a total transaction of $549,850.00. Following the transaction, the director now directly owns 1,313 shares in the company, valued at approximately $144,390.61. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Kura Sushi USA Price Performance

Shares of NASDAQ:KRUS opened at $109.04 on Friday. The firm has a market capitalization of $1.22 billion, a PE ratio of 778.91 and a beta of 1.98. The firm’s 50-day moving average is $104.30 and its two-hundred day moving average is $83.75. Kura Sushi USA, Inc. has a 1 year low of $51.02 and a 1 year high of $122.81.

Institutional Trading of Kura Sushi USA

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Red Door Wealth Management LLC purchased a new stake in Kura Sushi USA during the first quarter worth about $237,000. Rheos Capital Works Inc. purchased a new stake in shares of Kura Sushi USA during the first quarter worth approximately $10,940,000. Vanguard Group Inc. increased its stake in shares of Kura Sushi USA by 5.2% during the fourth quarter. Vanguard Group Inc. now owns 321,373 shares of the company’s stock worth $24,424,000 after buying an additional 16,006 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Kura Sushi USA by 29.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 12,478 shares of the company’s stock worth $948,000 after buying an additional 2,821 shares during the period. Finally, Price T Rowe Associates Inc. MD purchased a new stake in shares of Kura Sushi USA during the fourth quarter worth approximately $232,000. 65.49% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on KRUS shares. Benchmark upped their target price on shares of Kura Sushi USA from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, January 12th. Citigroup upped their target price on shares of Kura Sushi USA from $122.00 to $124.00 and gave the company a “neutral” rating in a research report on Friday, April 5th. Barclays upped their target price on shares of Kura Sushi USA from $82.00 to $95.00 and gave the company an “equal weight” rating in a research report on Friday, April 5th. Craig Hallum upped their target price on shares of Kura Sushi USA from $90.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Finally, Roth Mkm upped their target price on shares of Kura Sushi USA from $87.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $108.86.

About Kura Sushi USA