McClatchy Co (NYSE:MNI) Director William Briggs Mcclatchy sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 22nd. The stock was sold at an average price of $1.01, for a total value of $20,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

McClatchy Co (NYSE:MNI) traded up 14.32% during mid-day trading on Friday, hitting $8.66. The company had a trading volume of 128,342 shares. The firm’s market capitalization is $66.01 million. The company has a 50-day moving average price of $7.61 and a 200 day moving average price of $8.76. McClatchy Co has a 12 month low of $5.75 and a 12 month high of $18.31.

McClatchy (NYSE:MNI) last announced its quarterly earnings results on Monday, October 16th. The company reported ($0.78) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.55) by ($0.23). McClatchy had a negative net margin of 16.63% and a negative return on equity of 2,313.90%. The business had revenue of $212.60 million during the quarter, compared to analysts’ expectations of $223.96 million. Equities analysts forecast that McClatchy Co will post ($6.11) EPS for the current fiscal year.

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Several institutional investors have recently made changes to their positions in the stock. Susquehanna International Group LLP purchased a new position in shares of McClatchy in the 2nd quarter valued at about $942,000. Tower Research Capital LLC TRC increased its stake in shares of McClatchy by 1,102.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,845 shares of the company’s stock valued at $101,000 after purchasing an additional 9,943 shares in the last quarter. Stifel Financial Corp increased its stake in shares of McClatchy by 14.7% in the 2nd quarter. Stifel Financial Corp now owns 20,778 shares of the company’s stock valued at $197,000 after purchasing an additional 2,659 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of McClatchy by 3.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 380,782 shares of the company’s stock valued at $3,557,000 after purchasing an additional 14,170 shares in the last quarter. Finally, Hancock Holding Co. purchased a new position in shares of McClatchy in the 2nd quarter valued at about $181,000. Hedge funds and other institutional investors own 35.62% of the company’s stock.

A number of analysts have commented on MNI shares. Noble Financial restated a “hold” rating on shares of McClatchy in a research report on Sunday, September 10th. Zacks Investment Research cut McClatchy from a “hold” rating to a “sell” rating in a research report on Thursday, September 14th. Finally, ValuEngine cut McClatchy from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st.

McClatchy Company Profile

The McClatchy Company is a news and information publisher of various publications, such as the Miami Herald, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and the (Fort Worth) Star-Telegram. The Company’s segments include Western Segment and Eastern Segment. Its Western Segment consists of its newspaper operations in California, the Northwest and the Midwest.

Insider Buying and Selling by Quarter for McClatchy (NYSE:MNI)

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