Shares of Macys Inc (NYSE:M) Sees Large Outflow of Money

Macys Inc (NYSE:M) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($14.58 million) and the uptick to downtick ratio was 0.65. The transaction value on upticks was $27.27 million and on downticks, the transaction value was $41.85 million. In block trades, the transaction value of inflow done during uptick was $1.41 million. The transaction value of block trades during downticks was $15.19 million. The uptick to downtick block trade ratio was 0.09. The money flow was negative ($13.78 million), indicating the traders were booking profit on the price strength. Macys Inc (NYSE:M) rose $0.89 at $33.32, during intraday Wednesday , a rise of 2.74% over the previous days close.


In an insider trading activity, Lundgren Terry J, director officer (Chairman and CEO) of Macys, Inc., unloaded 177,352 shares at an average price of $43.48 on March 23, 2016. The total amount of the transaction was worth $7,711,265, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.7% of Macys Inc shares according to the proxy statements. Institutional Investors own 86.58% of Macys Inc shares. During last six month period, the net percent change held by insiders has seen a change of 77.26%.

The company shares have dropped -52.10% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $73.61 and the one year low was seen on May 18, 2016. The 50-Day Moving Average price is $32.47 and the 200 Day Moving Average price is recorded at $38.29. Macys Inc (NYSE:M): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.74 and $32.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.32, notching a gain of 2.74% for the day. The total traded volume was 6,855,854 . The stock had closed at $32.43 on the previous day.

Macys, Inc. is an omnichannel retail company operating stores, Websites (, and and mobile. As of January 31, 2015, the operations of the Company included 823 stores with an area of approximately 147,400,000 square feet in 45 states of the United States, the District of Columbia, Guam and Puerto Rico. Of these 823 stores, 447 were owned, 267 were leased and 109 stores were operated under arrangements where the Company owned the building and leased the land. The Company operates its stores under the names of Macys, Bloomingdales, Bloomingdales Outlet and Bluemercury. The Company operates 13 Bloomingdales outlet stores. Bloomingdales in Dubai, the United Arab Emirates is operated under a license agreement with Al Tayer Insignia, a company of Al Tayer Group, LLC.

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