McClatchy Co (NYSE:MNI) major shareholder Chatham Asset Management, Llc purchased 8,500 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was acquired at an average price of $9.60 per share, with a total value of $81,600.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Chatham Asset Management, Llc also recently made the following trade(s):

  • On Tuesday, October 31st, Chatham Asset Management, Llc purchased 51,621 shares of McClatchy stock. The stock was acquired at an average price of $9.92 per share, with a total value of $512,080.32.
  • On Friday, October 27th, Chatham Asset Management, Llc purchased 59,567 shares of McClatchy stock. The stock was acquired at an average price of $9.84 per share, with a total value of $586,139.28.
  • On Wednesday, October 25th, Chatham Asset Management, Llc purchased 70,840 shares of McClatchy stock. The stock was acquired at an average price of $9.08 per share, with a total value of $643,227.20.
  • On Monday, October 23rd, Chatham Asset Management, Llc purchased 103,601 shares of McClatchy stock. The stock was acquired at an average price of $8.33 per share, with a total value of $862,996.33.
  • On Thursday, October 19th, Chatham Asset Management, Llc purchased 22,970 shares of McClatchy stock. The stock was acquired at an average price of $7.50 per share, with a total value of $172,275.00.
  • On Monday, October 16th, Chatham Asset Management, Llc purchased 61,930 shares of McClatchy stock. The stock was acquired at an average price of $7.44 per share, with a total value of $460,759.20.
  • On Friday, October 13th, Chatham Asset Management, Llc purchased 76,344 shares of McClatchy stock. The stock was acquired at an average price of $7.84 per share, with a total value of $598,536.96.

Shares of McClatchy Co (NYSE MNI) traded up $0.03 during trading on Friday, hitting $9.05. The company had a trading volume of 15,234 shares, compared to its average volume of 38,258. The company has a quick ratio of 0.79, a current ratio of 0.85 and a debt-to-equity ratio of -93.38. McClatchy Co has a 1 year low of $5.75 and a 1 year high of $15.84.

McClatchy (NYSE:MNI) last posted its quarterly earnings data on Monday, October 16th. The company reported ($0.78) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.55) by ($0.23). The business had revenue of $212.60 million during the quarter, compared to the consensus estimate of $223.96 million.

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A number of large investors have recently bought and sold shares of MNI. Stifel Financial Corp increased its stake in McClatchy by 9.3% during the 1st quarter. Stifel Financial Corp now owns 18,119 shares of the company’s stock worth $181,000 after buying an additional 1,535 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in McClatchy by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 366,612 shares of the company’s stock worth $3,545,000 after buying an additional 2,843 shares in the last quarter. Hancock Holding Co. purchased a new stake in McClatchy during the 2nd quarter worth approximately $181,000. Tower Research Capital LLC TRC increased its stake in McClatchy by 1,102.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,845 shares of the company’s stock worth $101,000 after buying an additional 9,943 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in McClatchy during the 2nd quarter worth approximately $942,000. Institutional investors own 35.62% of the company’s stock.

Several equities analysts recently weighed in on MNI shares. Noble Financial restated a “hold” rating on shares of McClatchy in a research note on Tuesday, October 24th. Zacks Investment Research lowered McClatchy from a “hold” rating to a “sell” rating in a research note on Wednesday, July 26th. Finally, ValuEngine lowered McClatchy from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st.

McClatchy Company Profile

The McClatchy Company is a news and information publisher of various publications, such as the Miami Herald, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and the (Fort Worth) Star-Telegram. The Company’s segments include Western Segment and Eastern Segment. Its Western Segment consists of its newspaper operations in California, the Northwest and the Midwest.

Insider Buying and Selling by Quarter for McClatchy (NYSE:MNI)

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