Shares of Macerich Company (The) (MAC) Sees Large Inflow of Net Money Flow

Macerich Company (The) (MAC) : Investors lapped up stocks on upticks to the tune of $4.57 million in the Tuesdays trading session. The trading value on downticks was comparatively at $3.66 million and the uptick to downtick ratio of 1.25 indicates continuous buying by the bulls. The net money flow into the stock was $0.91 million. Upticks saw transactions worth $0.1 clearly indicating buying by large investors. The total money flow for block trades stood at $0.1 million, which is a positive for the stock in the long-term. Macerich Company (The) (MAC) fell $0.48 during the day at $88, a drop of -0.54% over the previous days close. However, for the week, the stock is 0.58%, compared to the previous week.


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 -16.29% . Institutional Investors own 97.54% of Macerich Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -8.59%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior EVP and COO) of Macerich Co, Perlmutter Robert D had sold 1,500 shares worth of $128,235 in a transaction dated July 1, 2016. In this transaction, 1,500 shares were sold at $85.49 per share.

Shares of The Macerich Company rose by 2.17% in the last five trading days and 12.56% for the last 4 weeks. The Macerich Company is up 12.98% in the last 3-month period. Year-to-Date the stock performance stands at 11.72%.

Macerich Company (The) (NYSE:MAC): stock turned positive on Tuesday. Though the stock opened at $88.37, the bulls momentum made the stock top out at $88.73 level for the day. The stock recorded a low of $87.56 and closed the trading day at $88.55, in the green by 0.08%. The total traded volume for the day was 623,980. The stock had closed at $88.48 in the previous days trading.

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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