McClatchy Co (NYSEAMERICAN:MNI) major shareholder Chatham Asset Management, Llc bought 1,300 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were acquired at an average price of $10.03 per share, with a total value of $13,039.00. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Chatham Asset Management, Llc also recently made the following trade(s):

  • On Friday, December 1st, Chatham Asset Management, Llc bought 723 shares of McClatchy stock. The shares were acquired at an average price of $10.22 per share, with a total value of $7,389.06.
  • On Friday, November 24th, Chatham Asset Management, Llc bought 2,100 shares of McClatchy stock. The shares were acquired at an average price of $10.43 per share, with a total value of $21,903.00.
  • On Monday, November 27th, Chatham Asset Management, Llc bought 2,975 shares of McClatchy stock. The shares were acquired at an average price of $10.42 per share, with a total value of $30,999.50.
  • On Tuesday, November 21st, Chatham Asset Management, Llc bought 700 shares of McClatchy stock. The shares were acquired at an average price of $9.79 per share, with a total value of $6,853.00.
  • On Thursday, November 16th, Chatham Asset Management, Llc bought 7,000 shares of McClatchy stock. The shares were acquired at an average price of $9.88 per share, with a total value of $69,160.00.
  • On Thursday, November 2nd, Chatham Asset Management, Llc bought 8,500 shares of McClatchy stock. The shares were acquired at an average price of $9.60 per share, with a total value of $81,600.00.
  • On Tuesday, October 31st, Chatham Asset Management, Llc bought 51,621 shares of McClatchy stock. The shares were acquired at an average price of $9.92 per share, with a total value of $512,080.32.
  • On Friday, October 27th, Chatham Asset Management, Llc bought 59,567 shares of McClatchy stock. The shares were acquired at an average price of $9.84 per share, with a total value of $586,139.28.
  • On Wednesday, October 25th, Chatham Asset Management, Llc bought 70,840 shares of McClatchy stock. The shares were acquired at an average price of $9.08 per share, with a total value of $643,227.20.
  • On Monday, October 23rd, Chatham Asset Management, Llc bought 103,601 shares of McClatchy stock. The shares were acquired at an average price of $8.33 per share, with a total value of $862,996.33.

Shares of McClatchy Co (NYSEAMERICAN MNI) traded down $0.52 during mid-day trading on Wednesday, reaching $8.99. The company had a trading volume of 59,839 shares, compared to its average volume of 31,102. McClatchy Co has a 12 month low of $5.75 and a 12 month high of $14.60. The company has a debt-to-equity ratio of -93.38, a quick ratio of 0.79 and a current ratio of 0.85.

McClatchy (NYSEAMERICAN:MNI) last issued 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). The company had revenue of $212.60 million during the quarter, compared to the consensus estimate of $223.96 million.

A number of hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in shares of McClatchy by 3.9% in the second quarter. Dimensional Fund Advisors LP now owns 380,782 shares of the company’s stock worth $3,557,000 after acquiring an additional 14,170 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of McClatchy by 28.0% in the third quarter. Susquehanna International Group LLP now owns 129,025 shares of the company’s stock worth $953,000 after acquiring an additional 28,189 shares during the last quarter. Stifel Financial Corp grew its stake in shares of McClatchy by 14.7% in the second quarter. Stifel Financial Corp now owns 20,778 shares of the company’s stock worth $197,000 after acquiring an additional 2,659 shares during the last quarter. Hancock Holding Co. purchased a new stake in shares of McClatchy in the second quarter worth $181,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of McClatchy by 1,102.3% in the second quarter. Tower Research Capital LLC TRC now owns 10,845 shares of the company’s stock worth $101,000 after acquiring an additional 9,943 shares during the last quarter. 35.62% of the stock is currently owned by institutional investors.

MNI has been the topic of several recent research reports. ValuEngine cut McClatchy from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Zacks Investment Research raised McClatchy from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, Noble Financial reaffirmed a “hold” rating on shares of McClatchy in a research note on Tuesday, October 24th.

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About McClatchy

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 (NYSEAMERICAN:MNI)

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