Large Outflow of Money Witnessed in Macys Inc

Macys Inc (NYSE:M) surged 2.38% during the last session. The last traded price was up 0.77 points at $33.12. The data for the fund flow suggests that the net intraday money flow was $(-3.88) million. The fund value in upticks was recorded to be $18.8 million and in downticks, it was found to be $22.68 million. The up/down ratio for the day was measured to be 0.83. For the week, the shares have seen a percentage change of -0.36%.A block trade of $(-6.13) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0.66 million and that of downticks was $6.78 million. The block tradeoff had the up/down ratio of 0.1.

Shares of Macys, Inc. rose by 1.12% in the last five trading days and 11.78% for the last 4 weeks. Macys, Inc. has dropped 25.09% during the last 3-month period . Year-to-Date the stock performance stands at -3.12%.

Currently the company Insiders own 1.7% of Macys Inc shares according to the proxy statements. Institutional Investors own 86.56% of Macys Inc shares. During last six month period, the net percent change held by insiders has seen a change of 77.26%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Lundgren Terry J, director officer (Chairman and CEO) of Macys, Inc., had unloaded 177,352 shares at an average price of $43.48 in a transaction dated on March 23, 2016. The total value of the transaction was worth $7,711,265.

Macys Inc (NYSE:M) rose 2.72% or 0.88 points on Friday and made its way into the gainers of the day. After trading began at $32.32 the stock was seen hitting $33.421 as a peak level and $32.32 as the lowest level. The stock ended up at $33.23. The daily volume was measured at 11,334,969 shares. The 52-week high of the share price is $73.61 and the 52-week low is $29.94. The company has a market cap of $10,248 million.

Macys, Inc. is an omnichannel retail company operating stores, Websites (, and and mobile. As of January 31, 2015, the operations of the Company included 823 stores with an area of approximately 147,400,000 square feet in 45 states of the United States, the District of Columbia, Guam and Puerto Rico. Of these 823 stores, 447 were owned, 267 were leased and 109 stores were operated under arrangements where the Company owned the building and leased the land. The Company operates its stores under the names of Macys, Bloomingdales, Bloomingdales Outlet and Bluemercury. The Company operates 13 Bloomingdales outlet stores. Bloomingdales in Dubai, the United Arab Emirates is operated under a license agreement with Al Tayer Insignia, a company of Al Tayer Group, LLC.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.