Insider Buying: Macerich Company (NYSE:MAC)

Macerich Company (NYSE:MAC) President Edward C. Coppola purchased 3,500 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The shares were purchased at an average cost of $33.34 per share, for a total transaction of $116,690.00. Following the completion of the transaction, the president now directly owns 279,808 shares of the company’s stock, valued at $9,328,798.72.


The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the MAC is 0.40%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments.


Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that MAC. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Macerich Company (NYSE:MAC) is 15.69%.

Institutional ownership is the amount of a Macerich Company (NYSE:MAC)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the MAC is 2.62%.

a Financial sector firm, Macerich Company (NYSE:MAC) stock tanked -3.14% on Monday and when day-trade ended the stock finally concluded at $32.44 and number of shares that changed hands during the day are 2.78 Million. The number of shares MAC stock currently held by all its shareholders are 141.03 and floated shares, the number of shares are available for trading in an open market on last trading day are 140.49. The average volume of shares for 3 months is 1414.91 and MAC stock value has moved between $32.12 – 61.21 in last one year.

The Macerich Company (NYSE:MAC)’s latest earnings date is 8/1/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Macerich Company (NYSE:MAC) is 59.60% and the profit margin is 10.60% and the stock has gained -25.05% in 2019 to date.

U.S. traded shares of Macerich Company (NYSE:MAC)’s monthly stock performance is -10.71%, the quarterly performance is -24.75%, the half year performance is calculated as -24.80%. The yearly performance of MAC is -43.11%.

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The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Macerich Company (NYSE:MAC) weekly volatility is measured as 3.35% and monthly volatility measured as 2.90%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. MAC return on assets is 1.10%, the return on equity (ROE) of the Macerich Company (NYSE:MAC) is 3.40%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and MAC return on investment is 0.30%.

The price to earnings ratio is 45.69, price to sales ratio is 4.82, and price to book ratio is 1.61, price to cash per share ration is 41.22.

Analysts mean target price for Macerich Company (NYSE:MAC) is $45.82 while analysts mean recommendation is 2.90. The current share price indicates that stock is -46.78% away from its one year high and is moving 1.25% ahead of its 52-week low. MAC’s distance from 20 day simple moving average is -6.62% and distance from 50-Day simple moving average is -15.27%.