Shares of Nordstrom (JWN) Rally 0.79%

On a relative basis, the stock has outperformed the S&P 500 by 3.89% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.79% in the last 1 week, and is up 8.43% 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 5.54% and the 50-Day Moving Average is 2.54%.

Nordstrom (NYSE:JWN): The stock opened at $41.07 on Friday but the bulls could not build on the opening and the stock topped out at $41.34 for the day. The stock traded down to $40.63 during the day, due to lack of any buying support eventually closed down at $40.64 with a loss of -0.56% for the day. The stock had closed at $40.87 on the previous day. The total traded volume was 2,130,734 shares.


The company Insiders own 7.03% of Nordstrom shares according to the proxy statements. Institutional Investors own 64.23% of Nordstrom shares. During last six month period, the net percent change held by insiders has seen a change of 0.37%. In a related news, Thomas Geevy Sk, officer (Executive Vice President) of Nordstrom Inc, unloaded 155 shares at an average price of $57.1 on April 4, 2016. The total amount of the transaction was worth $8,851, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Nordstrom, Inc. is a fashion specialty retailer in the United States. The company operates through two segments: Retail and Credit. The Retail segment includes approximately 115 Nordstrom branded full-line stores in the United States and, approximately 167 off-price Nordstrom Rack stores, two Canada full-line stores, and HauteLook, and other retail channels, including five Trunk Club showrooms and, its two Jeffrey boutiques and one clearance store that operates under the name Last Chance. Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card. The Company operated 290 United States stores located in 38 states, as well as an e-commerce business through, and HauteLook and, as of March 16, 2015. It also operates two Nordstrom full-line stores in Canada.

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