Some Noteworthy Changes In Nordstrom, Inc. (JWN) Holders

Nordstrom, Inc. (NYSE:JWN) enjoyed a 71.54% run-up in share price since hitting record low of $37.79. The stock managed -0.29% fall and now stands at $64.83 as of 09/05/2018. At recent session, the prices were hovering between $64.07 and $65.78. This company shares are -11.11% up from its target price of $57.63 and the current market capitalization stands at $10.6B. The recent change has given its price a 18.83% lead over SMA 50 and -0.35% deficit over its 52-week high. The stock witnessed 27.29% gains, 25.06% gains and 26.99% 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 2.59% and during a month it has been found around 2.96%.

Nordstrom, Inc. (JWN) Top Holders

Institutional investors currently hold around $6.25 billion or 59.6% in JWN stock. Look at its top three institutional owners. Vanguard Group Inc owns $798.73 million in Nordstrom, Inc., which represents roughly 7.54% of the company’s market cap and approximately 12.79% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 8,931,836 shares of the stock are valued at $580.75 million. The third largest holder is Bank Of New York Mellon Corp, which currently holds $518.14 million worth of this stock and that ownership represents nearly 4.89% of its market capitalization.

Nordstrom, Inc. 13F Filings

At the end of June reporting period, 235 institutional holders increased their position in Nordstrom, Inc. (NYSE:JWN) by some 9,559,850 shares, 259 decreased positions by 10,422,064 and 124 held positions by 76,100,000. That puts total institutional holdings at 96,100,000 shares, according to SEC filings. The stock grabbed 70 new institutional investments totaling 2,544,114 shares while 69 institutional investors sold out their entire positions totaling 2,883,475 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 Senior VP and Secretary Sari Robert has sold 7,671 shares of Nordstrom, Inc. (JWN) in trading session dated Aug. 17, 2018. These shares are worth $426,891 and were traded at $55.65 each. The SEC filing shows that Nordstrom Peter E performed a sale of 118,161 shares. The Co-President disposed these shares by way of transaction on Jul. 09, 2018. The company’s shares were given away at $53.27 per share worth to an income of some $6,294,436 on account of Nordstrom Peter E.

Co-President, Nordstrom Erik B, sold 118,161 common shares of Nordstrom, Inc. (JWN) in the open market. In a transaction dated Jul. 06, 2018, the shares were put up for sale at an average price of $54.01, raking in a sum of $6,381,876. After this sale, 2,614,943 common shares of JWN are directly owned by the insider, with total stake valued at $169,526,755.

In the transaction dated Jul. 05, 2018, the great number of shares disposed came courtesy the President, Stores; Nordstrom James F Jr disposed a total of 2,874 shares at an average price of $52.51, amounting to approximately $150,914. The insider now directly owns 748,642 shares worth $48,534,461.

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 10 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 1 strong sell ratings, collectively assigning a 2.8 average brokerage recommendation.