Nordstrom Inc (JWN) Files Form 4 Insider Selling : Daniel F Little Sells 5,270 Shares

Nordstrom Inc (JWN): Daniel F Little , Executive Vice President of Nordstrom Inc sold 5,270 shares on Sep 23, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $52.00 per share for a total value of $274,040.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 4, 2016, Geevy Sk Thomas (Executive Vice President) sold 155 shares at $57.10 per share price.On Mar 30, 2016, Blake W Nordstrom (President) sold 1,557 shares at $50.58 per share price.Also, On Mar 17, 2016, Michael G Koppel (Executive Vice President) sold 38,073 shares at $56.56 per share price.On Mar 7, 2016, Peter E Nordstrom (Executive Vice President) sold 1,982 shares at $52.50 per share price.

Shares of Nordstrom (JWN) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.58 points or -1.14% at $50.49 with 37,44,267 shares getting traded. Post opening the session at $51.12, the shares hit an intraday low of $49.98 and an intraday high of $51.55 and the price vacillated in this range throughout the day. The company has a market cap of $8,757 M and the number of outstanding shares has been calculated to be 17,34,40,080 shares. The 52-week high of Nordstrom is $75.6725 and the 52-week low is $35.01.

Nordstrom Money Flow Index Chart

Company has been under the radar of several Street Analysts.Nordstrom is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 47 from a previous price target of $38 .The Rating was issued on Aug 15, 2016.Nordstrom is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 58 from a previous price target of $44 .The Rating was issued on Aug 12, 2016.Nordstrom is Reiterated by Telsey Advisory Group to Market Perform and the brokerage firm has raised the Price Target to $ 53 from a previous price target of $40 .The Rating was issued on Aug 12, 2016.Nordstrom is Upgraded by Piper Jaffray to Overweight and the brokerage firm has raised the Price Target to $ 53 from a previous price target of $45 .Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jul 26, 2016.Nordstrom is Upgraded by Miller Tabak to Buy and the brokerage firm has raised the Price Target to $ 39.50 from a previous price target of $30 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Jul 5, 2016.

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 Nordstrom.com approximately 167 off-price Nordstrom Rack stores two Canada full-line stores Nordstromrack.com and HauteLook and other retail channels including five Trunk Club showrooms and TrunkClub.com 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 Nordstrom.com Nordstromrack.com and HauteLook and TrunkClub.com as of March 16 2015. It also operates two Nordstrom full-line stores in Canada.

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