ClubCorp Holdings (MYCC) : Traders are bullish on ClubCorp Holdings (MYCC) as it has outperformed the S&P 500 by a wide margin of 8.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.34%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 9.96% in the last 1 week, and is up 13.3% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 12.46% and the 50-Day Moving Average is 16.15%.
ClubCorp Holdings (NYSE:MYCC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.13 and $13.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.57, notching a gain of 3.41% for the day. The total traded volume was 1,871,870 . The stock had closed at $14.09 on the previous day.
The company Insiders own 2.9% of ClubCorp Holdings shares according to the proxy statements. Institutional Investors own 99.02% of ClubCorp Holdings shares. During last six month period, the net percent change held by insiders has seen a change of 4.54%. In a related news, Grove Janet, director of Clubcorp Holdings, Inc., executed a transaction worth $14,550 on March 7, 2016. A total of 1,000 shares were purchased at an average price of $14.55. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
ClubCorp Holdings, Inc. is engaged in membership-based leisure business and an owner and operator of private golf and country clubs and business, sports and alumni clubs in North America. The Company operations are organized into two business segments: golf and country clubs, and business, sports and alumni clubs. Its golf and country club segment includes a variety of clubs designed to appeal to a group of families and individuals who lead an active lifestyle and seek a nearby outlet for golf, tennis, swimming and other activities. The Companys business, sports and alumni club segment is designed to provide its members with private locations where they can work, network and socialize. As of December 30, 2014, the Companys portfolio of 207 owned or operated clubs, with over 180,000 memberships, serving over 400,000 individual members.