The McClatchy Company VP Christian Hendricks Unloads 111 Shares (MNI)
The McClatchy Company (NYSE:MNI) VP Christian Hendricks sold 111 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $4.51, for a total transaction of $500.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of The McClatchy Company (NYSE:MNI) traded up 0.93% during mid-day trading on Friday, hitting $4.36. 184,971 shares of the company’s stock traded hands. The McClatchy Company 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 $4.95 and a 200-day moving average of $5.37. The company has a market cap of $378.2 million and a price-to-earnings ratio of 4.09.
The McClatchy Company (NYSE:MNI) last posted its quarterly earnings results on Thursday, July 24th. The company reported $1.03 earnings per share for the quarter. The company had revenue of $292.00 million for the quarter, compared to the consensus estimate of $301.61 million. On average, analysts predict that The McClatchy Company will post $0.33 earnings per share for the current fiscal year.
Separately, analysts at TheStreet downgraded shares of The McClatchy Company from a “hold” rating to a “sell” rating in a research note on Wednesday, June 4th.
The McClatchy Company (NYSE:MNI) is a local media company.
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