McClatchy Co (NYSEAMERICAN:MNI) major shareholder Chatham Asset Management, Llc purchased 7,000 shares of McClatchy stock in a transaction that occurred on Thursday, November 16th. The stock was purchased at an average price of $9.88 per share, with a total value of $69,160.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Thursday, November 2nd, Chatham Asset Management, Llc purchased 8,500 shares of McClatchy stock. The stock was purchased at an average price of $9.60 per share, with a total value of $81,600.00.
  • On Tuesday, October 31st, Chatham Asset Management, Llc purchased 51,621 shares of McClatchy stock. The stock was purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 purchased 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 bought 76,344 shares of McClatchy stock. The shares were bought at an average price of $7.84 per share, with a total value of $598,536.96.

McClatchy Co (NYSEAMERICAN:MNI) opened at $9.62 on Tuesday. The company has a debt-to-equity ratio of -93.38, a quick ratio of 0.79 and a current ratio of 0.85. McClatchy Co has a fifty-two week low of $5.75 and a fifty-two week high of $15.22.

McClatchy (NYSEAMERICAN:MNI) last posted its quarterly earnings results on Monday, October 16th. The company reported ($0.78) EPS for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.23). The firm 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 analysts have recently weighed in on the company. ValuEngine downgraded McClatchy from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Zacks Investment Research raised McClatchy from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, Noble Financial reissued a “hold” rating on shares of McClatchy in a report on Tuesday, October 24th.

A number of institutional investors and hedge funds have recently modified their holdings of MNI. Dimensional Fund Advisors LP increased its stake in shares of McClatchy by 0.8% in the first quarter. Dimensional Fund Advisors LP now owns 366,612 shares of the company’s stock valued at $3,545,000 after buying an additional 2,843 shares during the period. Hancock Holding Co. acquired a new stake in shares of McClatchy in the second quarter valued at about $181,000. Stifel Financial Corp increased its stake in shares of McClatchy by 14.7% in the second quarter. Stifel Financial Corp now owns 20,778 shares of the company’s stock valued at $197,000 after buying an additional 2,659 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of McClatchy by 1,102.3% in the second quarter. Tower Research Capital LLC TRC now owns 10,845 shares of the company’s stock valued at $101,000 after buying an additional 9,943 shares during the period. Finally, Susquehanna International Group LLP acquired a new stake in shares of McClatchy in the second quarter valued at about $942,000. 35.62% of the stock is owned by institutional investors and hedge funds.

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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