Insider Selling: Macy’s (NYSE:M) EVP Sells 5,271 Shares of Stock

07 Apr 2026, 18:10 by Renee Jackson · The Cerbat Gem

Macy’s, Inc. (NYSE:M – Get Free Report) EVP Tracy Preston sold 5,271 shares of the company’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $17.92, for a total value of $94,456.32. Following the transaction, the executive vice president directly owned 28,773 shares in the company, valued at approximately $515,612.16. This represents a 15.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Macy’s Trading Down 0.2%

Shares of M stock traded down $0.03 during trading hours on Tuesday, reaching $18.10. The company had a trading volume of 4,733,326 shares, compared to its average volume of 7,639,447. The company has a 50 day moving average of $19.55 and a 200 day moving average of $20.19. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.49 and a quick ratio of 0.50. The firm has a market cap of $4.77 billion, a price-to-earnings ratio of 7.80 and a beta of 1.51. Macy’s, Inc. has a 1-year low of $9.76 and a 1-year high of $24.41.

Macy’s (NYSE:M – Get Free Report) last posted its quarterly earnings results on Wednesday, March 18th. The company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.12. The company had revenue of $7.92 billion for the quarter, compared to the consensus estimate of $7.48 billion. Macy’s had a return on equity of 14.22% and a net margin of 2.84%.The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.80 EPS. On average, equities research analysts anticipate that Macy’s, Inc. will post 2.39 EPS for the current year.

Macy’s Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were paid a $0.1915 dividend. This is an increase from Macy’s’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 4.2%. Macy’s’s dividend payout ratio (DPR) is currently 33.19%.

Wall Street Analysts Forecast Growth

M has been the topic of a number of analyst reports. Citigroup cut their price target on Macy’s from $24.00 to $18.00 and set a “neutral” rating on the stock in a research note on Thursday, March 19th. Zacks Research downgraded Macy’s from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. Jefferies Financial Group reissued a “buy” rating and issued a $22.00 price target on shares of Macy’s in a research note on Wednesday, March 18th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $20.00 price objective on shares of Macy’s in a research note on Wednesday, April 1st. Finally, Wall Street Zen downgraded Macy’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Macy’s currently has an average rating of “Reduce” and an average target price of $18.90.

Read Our Latest Stock Analysis on Macy’s

Institutional Trading of Macy’s

Hedge funds have recently added to or reduced their stakes in the business. Hennessy Advisors Inc. bought a new position in Macy’s during the 3rd quarter worth about $44,362,000. Y Intercept Hong Kong Ltd bought a new position in Macy’s during the 3rd quarter worth about $3,307,000. Allianz Asset Management GmbH increased its holdings in Macy’s by 2.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 3,223,138 shares of the company’s stock worth $57,791,000 after purchasing an additional 65,395 shares in the last quarter. SummerHaven Investment Management LLC bought a new position in Macy’s during the 3rd quarter worth about $1,192,000. Finally, Texas Permanent School Fund Corp increased its holdings in Macy’s by 25.9% during the 2nd quarter. Texas Permanent School Fund Corp now owns 304,192 shares of the company’s stock worth $3,547,000 after purchasing an additional 62,596 shares in the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

Macy’s Company Profile

(Get Free Report)

Macy’s, Inc is a leading American omnichannel retailer operating under the Macy’s brand, as well as specialty divisions Bloomingdale’s and Bluemercury. The company’s retail portfolio encompasses full-line department stores, fashion-focused specialty outlets and a high-end beauty chain, offering consumers a wide array of apparel, footwear, accessories, cosmetics and home furnishings. Through its integrated network of physical stores and digital platforms, Macy’s seeks to deliver a seamless shopping experience that blends in-store service with online convenience.