Insider Trading Review: Macy’s Inc $M

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Macy’s Inc (NYSE:M) insiders have most recently took part in a trading activity. On Aug 23, 2017 Whittington Marna C, Director bought 10,000 shares having total worth of $205,500 at the price of $20.55 per share, following the transaction a total of 44,834 shares owned by Whittington Marna C.

On the same day, Bryant John A, Director bought 9,825 shares having total worth of $199,644 at the price of $20.32 per share, following the transaction a total of 9,825 shares owned by Bryant John A.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 8 times by insiders. In 5 of these trades, the insider was a seller while an employee of the company was the buyer in 3 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -29.72%
12 Month 3 5 -52.45%

Shares of Macy’s Inc (NYSE:M) traded up 0.39% on Aug 23, 2017, hitting $20.5. 8,871,131 shares of the company’s stock traded hands. Macy’s Inc has a 52 week low of $19.49 and a 52 week high of $44.91. The company’s market cap is $11,290 million.

Macy’s Inc (NYSE:M) last announced its earnings results on Aug 10, 2017. The company reported 0.48 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.46 by $0.02. The company had revenue of $5,552 million for the quarter, compared to the consensus estimate of $5,520 million. During the same quarter in the previous year, the company posted 0.54 earnings per share. The company’s revenue for the quarter was down 5% on a year-over-year basis.

2017-08-10 2017-05-11 2017-02-21 2016-11-10 2016-08-11 2016-05-11 2016-02-23 2015-11-11 2015-08-12 2015-05-13
earnings per share 0.48 0.24 2.02 0.17 0.54 0.40 2.09 0.56 0.64 0.56
Revenue(M) 5552 5338 8515 5626 5866 5771 8869 5874 6104 6232

Macy’s, Inc. is an omnichannel retail that sells a range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.