Shares of Macerich Company (The) (NYSE:MAC) Sees Large Outflow of Money

Macerich Company (The) (NYSE:MAC) traded higher in the last at $81.52, gaining 0.9 points or 1.12%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-8.55) million. The composite uptick value of $10.59 million was eclipsed by the accrued downtick value of $19.14 million, thereby ensuring the up/down ratio of 0.55. For the week, the shares have posted returns of 1.86%.A block trade registered during the day has revealed $0 million in upticks and $8.81 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-8.81) million.


The stock has recorded a 20-day Moving Average of 5.03% and the 50-Day Moving Average is 5.54%. The company shares have rallied 5.29% in the past 52 Weeks. On November 2, 2015 The shares registered one year high of $86.29 and one year low was seen on May 19, 2016 at $71.82. The 50-day moving average is $77.29 and the 200 day moving average is recorded at $78.17. S&P 500 has rallied 1.93% during the last 52-weeks.

Macerich Company (The) (NYSE:MAC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $80.77 and $80.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $81.52, notching a gain of 1.12% for the day. The total traded volume was 1,023,868 . The stock had closed at $80.62 on the previous day.

Currently the company Insiders own 3.54% of Macerich Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.07% . Institutional Investors own 97.98% of Macerich Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -3.06%. On the companys insider trading activities, O Hern Thomas E, officer (Senior EVP, Treasurer & CFO) of Macerich Co, unloaded 5,000 shares at an average price of $79.03 on June 15, 2016. The total amount of the transaction was worth $395,150, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

The Macerich Company is a self-managed and self-administered real estate investment trust (REIT). The Company is engaged in the acquisition, ownership, development, redevelopment, management and leasing of regional and community/power shopping centers located throughout the United States. The Company, through its partnership and ownership interests in the Macerich Partnership, L.P., has an ownership interest in 51 regional shopping centers and eight community/power shopping centers. These 59 regional and community/power shopping centers (which include any related office space) consist of approximately 55 million square feet of gross leasable area (GLA). The Centers primarily included 194 Anchors totaling approximately 28 million square feet of GLA and approximately 6,000 Mall Stores and Freestanding Stores totaling approximately 26 million square feet of GLA.

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