Which insiders are trading Nordstrom, Inc. (JWN)?

Nordstrom, Inc. (NYSE:JWN) is now up 38.1% compared to a 12-month low of $37.79. We have seen the price to move 0.68% higher and get settled at $52.19 on 06/07/2018. At recent session, it appeared stuck in a range of $51.41 to $53.41. This company shares are -2.87% up from its target price of $50.69 and the current market capitalization stands at $8.66B. The recent change has given its price a 7% lead over SMA 50 and -3.35% deficit over its 52-week high. The stock witnessed 7.83% gains, 4.11% gains and 13.09% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found JWN’s volatility during a week at 2.46% and during a month it has been found around 2.63%.

Nordstrom, Inc. (JWN) Top Holders

Institutional investors currently hold around $5.03 billion or 59.8% in JWN stock. Look at its top three institutional owners. Vanguard Group Inc owns $626.94 million in Nordstrom, Inc., which represents roughly 7.24% of the company’s market cap and approximately 12.46% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 8,339,558 shares of the stock are valued at $432.32 million. The third largest holder is Bank Of New York Mellon Corp, which currently holds $422.68 million worth of this stock and that ownership represents nearly 4.88% of its market capitalization.

Nordstrom, Inc. 13F Filings

At the end of 03/31/2018 reporting period, 244 institutional holders increased their position in Nordstrom, Inc. (NYSE:JWN) by some 10,365,673 shares, 248 decreased positions by 11,512,902 and 110 held positions by 75,207,295. That puts total institutional holdings at 97,085,870 shares, according to SEC filings. The stock grabbed 83 new institutional investments totaling 3,736,206 shares while 52 institutional investors sold out their entire positions totaling 2,842,838 shares.

Nordstrom, Inc. (NYSE:JWN) Insider Trades

Multiple company employees have indulged in significant insider trading. Nordstrom, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President, Nordstrom.com Worzel Ken has sold 289 shares of Nordstrom, Inc. (JWN) in trading session dated May. 29, 2018. These shares are worth $14,071 and were traded at $48.69 each. The SEC filing shows that Worzel Ken performed a sale of 370 shares. The President, Nordstrom.com disposed these shares by way of transaction on May. 21, 2018. The company’s shares were given away at $45.83 per share worth to an income of some $16,957 on account of Worzel Ken.

President, Nordstrom.com, Worzel Ken, sold 535 common shares of Nordstrom, Inc. (JWN) in the open market. In a transaction dated May. 14, 2018, the shares were put up for sale at an average price of $49, raking in a sum of $26,215. After this sale, 128,578 common shares of JWN are directly owned by the insider, with total stake valued at $6,710,486.

In the transaction dated May. 07, 2018, the great number of shares disposed came courtesy the President, Nordstrom.com; Worzel Ken disposed a total of 256 shares at an average price of $49.74, amounting to approximately $12,733. The insider now directly owns 129,113 shares worth $6,738,407.

Nordstrom, Inc. (JWN) Analyst Guide

Several analysts have released their opinion on Nordstrom, Inc. (NYSE:JWN), with 3 analysts believing it is a strong buy. Whereas 8 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 1 strong sell ratings, collectively assigning a 2.77 average brokerage recommendation.

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