STEIN MART Earnings Results: $SMRT Reports Quarterly Earnings

STEIN MART ($SMRT) posted quarterly earnings results on Wednesday, May 7th. The company reported earnings of -$0.05 per share, missing estimates of -$0.04 by $0.01. The company also reported revenue of $41,340,000, beating estimates of $40,906,080 by $433,920.

You can see Quiver Quantitative's $SMRT stock page to track data on insider trading, hedge fund activity, congressional trading, and more.

STEIN MART Insider Trading Activity

STEIN MART insiders have traded $SMRT stock on the open market 6 times in the past 6 months. Of those trades, 6 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $SMRT stock by insiders over the last 6 months:

• JOHN C DORMAN purchased 125,000 shares for an estimated $150,000
• FRANK MARTELL has made 2 purchases buying 98,204 shares for an estimated $144,306 and 0 sales.
• MICHAEL SHANE PALADIN (Chief Executive Officer) purchased 43,859 shares for an estimated $49,999
• KRISTEN MORSE LEE (General Counsel) purchased 10,000 shares for an estimated $14,750
• DARYL STEMM (CFO) purchased 10,000 shares for an estimated $12,350

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

STEIN MART Hedge Fund Activity

We have seen 50 institutional investors add shares of STEIN MART stock to their portfolio, and 72 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• VULCAN VALUE PARTNERS, LLC removed 1,956,312 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $3,423,546
• CITIGROUP INC added 1,762,954 shares (+17.6%) to their portfolio in Q4 2024, for an estimated $3,085,169
• DIMENSIONAL FUND ADVISORS LP removed 549,964 shares (-20.5%) from their portfolio in Q4 2024, for an estimated $962,437
• AQR CAPITAL MANAGEMENT LLC removed 526,375 shares (-65.2%) from their portfolio in Q4 2024, for an estimated $921,156
• MANATUCK HILL PARTNERS, LLC added 500,000 shares (+inf%) to their portfolio in Q4 2024, for an estimated $875,000
• MILLENNIUM MANAGEMENT LLC added 410,666 shares (+82.4%) to their portfolio in Q4 2024, for an estimated $718,665
• CITADEL ADVISORS LLC removed 384,301 shares (-28.6%) from their portfolio in Q4 2024, for an estimated $672,526

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.