McClatchy VP Unloads $501 in Stock (MNI)
McClatchy (NYSE:MNI) VP Christian Hendricks sold 111 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $4.51, for a total transaction of $500.61. The sale was disclosed in a filing with the SEC, which is available at this link.
Separately, analysts at TheStreet downgraded shares of McClatchy from a “hold” rating to a “sell” rating in a research note on Wednesday, June 4th.
Shares of McClatchy (NYSE:MNI) traded down 2.19% on Wednesday, hitting $4.46. The stock had a trading volume of 580,264 shares. McClatchy has a 52-week low of $2.75 and a 52-week high of $7.39. The stock has a 50-day moving average of $4.99 and a 200-day moving average of $5.37. The company has a market cap of $386.9 million and a price-to-earnings ratio of 4.31.
McClatchy (NYSE:MNI) last announced its earnings results on Thursday, July 24th. The company reported $1.03 EPS for the quarter. The company had revenue of $292.00 million for the quarter, compared to the consensus estimate of $301.61 million. Analysts expect that McClatchy will post $0.33 EPS for the current fiscal year.
The McClatchy Company (NYSE:MNI) is a local media company.
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