The McClatchy Company VP Sells $160,571 in Stock (MNI)
The McClatchy Company (NYSE:MNI) VP Christian Hendricks unloaded 35,213 shares of the company’s stock on the open market in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $4.56, for a total transaction of $160,571.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
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) traded up 1.04% during mid-day trading on Friday, hitting $4.365. The stock had a trading volume of 166,415 shares. The McClatchy Company has a 52 week low of $2.75 and a 52 week high of $7.39. The stock’s 50-day moving average is $4.95 and its 200-day moving average is $5.37. The company has a market cap of $378.7 million and a price-to-earnings ratio of 4.09.
The McClatchy Company (NYSE:MNI) last released its earnings data 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. On average, analysts predict that The McClatchy Company will post $0.33 earnings per share for the current fiscal year.
The McClatchy Company (NYSE:MNI) is a local media company.
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