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Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at Nordstrom

05/11/2021 14:40

06:28 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, CFO, Anne L Bramman, executed a sale of 6,667 shares in Nordstrom (JWN) for $266,680. After the Form 4 filing with the SEC, Bramman owns 143,349 shares of company stock, which have a market value of $5.64 million as of the prior-day closing price.

In the 90 days previous to the date of this filing, there have been 37 insider transactions reported to the SEC for Nordstrom. These transactions came from the activities of 13 different insiders that resulted in a net acquisition of 235,736 company shares. Relative to the preceding 90-day window of time, there were 6 transactions from 5 insiders that resulted in the net disposition of 30,378 shares.

This is lower than the average level of insider transactions in the 7-company General Department Stores peer group over the last 90-day period. Activity in the peer group averaged 272.3 transactions per company, with company insiders acquiring on average 830,578 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/72333/000007233321000153/xslF345X03/wf-form4_162077195033867.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.