J C Penney Co Inc (JCP): Ronald W Tysoe , director of J C Penney Co Inc purchased 25,000 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.24 per share for a total value of $180,955.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 9, 2016, Marvin R Ellison (CEO) purchased 50,000 shares at $11.80 per share price.On May 18, 2015, Brynn Evanson (EVP, HR) sold 6,761 shares at $8.44 per share price.
Shares of J C Penney Company Inc (JCP) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -0.19 points or -2.51% at $7.39 with 3,23,88,545 shares getting traded. Post opening the session at $7.75, the shares hit an intraday low of $7.35 and an intraday high of $7.85 and the price vacillated in this range throughout the day. The company has a market cap of $2,266 M and the number of outstanding shares has been calculated to be 30,66,24,830 shares. The 52-week high of J C Penney Company Inc is $11.99 and the 52-week low is $6.
Company has been under the radar of several Street Analysts.J C Penney Company Inc is Reiterated by Miller Tabak to Buy while Lowering the Price Target of the company shares to $ 13 from a previous price target of $17 . The Rating was issued on May 17, 2016.J C Penney Company Inc is Upgraded by Robert W. Baird to Outperform and the brokerage firm has raised the Price Target to $ 12 from a previous price target of $11 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 16, 2016.J C Penney Company Inc is Initiated by Jefferies to Hold and the brokerage firm has set the Price Target at $9. The Rating was issued on May 10, 2016.J C Penney Company Inc is Reiterated by JP Morgan to Neutral while Lowering the Price Target of the company shares to $ 7 from a previous price target of $10 . The Rating was issued on May 6, 2016.J C Penney Company Inc is Upgraded by Northcoast to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 4, 2016.
J. C. Penney Company Inc. (JCPenney) is a holding company. The Company’s operating subsidiary is J. C. Penney Corporation Inc. (JCP). The Company’s business consists of selling merchandise and services to consumers through its department stores and Website at jcpenney.com which utilizes applications for desktop mobile and tablet devices. The Company’s online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers’ warehouses and by in store customer pick up. The Company sells family apparel and footwear accessories fine and fashion jewelry beauty products through Sephora inside JCPenney and home furnishings. The Company’s department stores provide its customers with services such as styling salon optical portrait photography and custom decorating.