McClatchy Co (NYSEAMERICAN:MNI) major shareholder Chatham Asset Management, Llc purchased 6,247 shares of the company’s stock in a transaction dated Wednesday, February 7th. The stock was purchased at an average price of $8.97 per share, for a total transaction of $56,035.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Thursday, January 25th, Chatham Asset Management, Llc purchased 200 shares of McClatchy stock. The stock was purchased at an average price of $8.84 per share, for a total transaction of $1,768.00.
  • On Wednesday, January 3rd, Chatham Asset Management, Llc purchased 300 shares of McClatchy stock. The stock was purchased at an average price of $9.00 per share, for a total transaction of $2,700.00.
  • On Friday, December 29th, Chatham Asset Management, Llc purchased 3,710 shares of McClatchy stock. The stock was purchased at an average price of $8.93 per share, for a total transaction of $33,130.30.
  • On Tuesday, December 12th, Chatham Asset Management, Llc purchased 100 shares of McClatchy stock. The stock was purchased at an average price of $9.00 per share, for a total transaction of $900.00.
  • On Wednesday, December 6th, Chatham Asset Management, Llc purchased 1,500 shares of McClatchy stock. The stock was purchased at an average price of $9.21 per share, for a total transaction of $13,815.00.
  • On Monday, December 4th, Chatham Asset Management, Llc purchased 1,300 shares of McClatchy stock. The stock was purchased at an average price of $10.03 per share, for a total transaction of $13,039.00.
  • On Friday, December 1st, Chatham Asset Management, Llc purchased 723 shares of McClatchy stock. The stock was purchased at an average price of $10.22 per share, for a total transaction of $7,389.06.
  • On Friday, November 24th, Chatham Asset Management, Llc purchased 2,100 shares of McClatchy stock. The stock was purchased at an average price of $10.43 per share, for a total transaction of $21,903.00.
  • On Monday, November 27th, Chatham Asset Management, Llc bought 2,975 shares of McClatchy stock. The stock was bought at an average cost of $10.42 per share, for a total transaction of $30,999.50.
  • On Tuesday, November 21st, Chatham Asset Management, Llc bought 700 shares of McClatchy stock. The stock was bought at an average cost of $9.79 per share, for a total transaction of $6,853.00.

Shares of McClatchy Co (MNI) traded down $0.53 during trading on Friday, reaching $8.19. The company had a trading volume of 14,148 shares, compared to its average volume of 8,855. McClatchy Co has a one year low of $5.75 and a one year high of $12.99. The company has a market cap of $65.17, a PE ratio of -0.17 and a beta of 1.24. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of -93.38.

MNI has been the topic of a number of recent research reports. Noble Financial reaffirmed a “hold” rating on shares of McClatchy in a report on Tuesday, October 24th. Zacks Investment Research cut McClatchy from a “hold” rating to a “strong sell” rating in a report on Thursday, October 26th. Finally, ValuEngine raised McClatchy from a “strong sell” rating to a “sell” rating in a report on Thursday, October 26th.

A number of institutional investors have recently made changes to their positions in MNI. Dimensional Fund Advisors LP raised its holdings in McClatchy by 3.9% during the second quarter. Dimensional Fund Advisors LP now owns 380,782 shares of the company’s stock valued at $3,557,000 after acquiring an additional 14,170 shares during the period. Susquehanna International Group LLP bought a new stake in McClatchy during the second quarter valued at about $942,000. Stifel Financial Corp raised its holdings in McClatchy by 14.7% during the second quarter. Stifel Financial Corp now owns 20,778 shares of the company’s stock valued at $197,000 after acquiring an additional 2,659 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in McClatchy by 1,102.3% during the second quarter. Tower Research Capital LLC TRC now owns 10,845 shares of the company’s stock valued at $101,000 after acquiring an additional 9,943 shares during the period. 35.62% of the stock is currently owned by institutional investors.

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About McClatchy

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 (NYSEAMERICAN:MNI)

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