Macy’s Target of Unusually Large Options Trading (NYSE:M)

Posted by Geri Gentry on Aug 29th, 2026

Macy's logo Macy’s, Inc. (NYSE:M – Get Free Report) was the recipient of some unusual options trading activity on Thursday. Traders acquired 18,079 put options on the company. This represents an increase of 62% compared to the typical daily volume of 11,153 put options.

Insider Buying and Selling at Macy’s

In related news, EVP Thomas Jr. Edwards sold 16,419 shares of Macy’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $24.89, for a total value of $408,668.91. Following the sale, the executive vice president directly owned 20,000 shares in the company, valued at $497,800. The trade was a 45.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Paul Griscom sold 10,077 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $25.63, for a total transaction of $258,273.51. Following the completion of the transaction, the senior vice president owned 25,373 shares of the company’s stock, valued at $650,309.99. This represents a 28.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.05% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Strengthening Families & Communities LLC acquired a new position in Macy’s in the 4th quarter worth approximately $28,000. Smartleaf Asset Management LLC boosted its position in shares of Macy’s by 51.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock worth $34,000 after buying an additional 526 shares during the period. CIBC Private Wealth Group LLC boosted its position in shares of Macy’s by 35.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,838 shares of the company’s stock worth $41,000 after buying an additional 486 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Macy’s by 96.6% during the fourth quarter. Farther Finance Advisors LLC now owns 2,463 shares of the company’s stock valued at $54,000 after buying an additional 1,210 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Macy’s during the fourth quarter valued at $54,000. 87.36% of the stock is owned by hedge funds and other institutional investors.

Macy’s Price Performance

Shares of NYSE:M opened at $22.05 on Friday. The company has a quick ratio of 0.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $23.91 and a 200-day simple moving average of $21.41. Macy’s has a 52 week low of $13.09 and a 52 week high of $26.58. The company has a market cap of $5.80 billion, a P/E ratio of 9.11 and a beta of 1.47.

Macy’s (NYSE:M – Get Free Report) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.11. The company had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.61 billion. Macy’s had a net margin of 2.94% and a return on equity of 13.68%. The business’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS. Macy’s has set its Q2 2026 guidance at 0.290-0.340 EPS and its FY 2026 guidance at 2.000-2.200 EPS. Equities research analysts forecast that Macy’s will post 2.22 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on M. Evercore set a $22.00 target price on shares of Macy’s in a report on Thursday, June 4th. Zacks Research raised Macy’s from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. TD Cowen lifted their price objective on Macy’s from $20.00 to $25.00 and gave the stock a “hold” rating in a report on Monday, June 22nd. JPMorgan Chase & Co. boosted their target price on Macy’s from $21.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday, June 4th. Finally, Citigroup raised their price target on Macy’s from $22.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $22.00.

View Our Latest Research Report on M

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.

The company’s product assortment spans men’s, women’s and children’s clothing, beauty and personal care products, housewares and home décor.