Macy's (M) SVP and Controller Paul Griscom Sells $258K of Stock

Paul Griscom, Senior Vice President and Controller at Macy's, Inc. (NYSE: M), sold 10,077 shares of the company on June 25, 2026. The shares were sold at an average price of $25.63, totaling approximately $258,273. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Macy's, Inc.

In addition to Paul Griscom's sale, other recent insider activity at Macy's includes Thomas Jr. Edwards, EVP, COO & CFO, selling 16,419 shares on June 24, 2026, at $24.89 each. On June 23, 2026, Edwards also sold 36,419 shares and purchased the same number of shares at an undisclosed price. Earlier in the month, insiders Naveen Chopra and Paul Varga each bought 8,348 shares on June 5, 2026.

Macy's, Inc. Stock Up 7.7%

Shares of Macy's, Inc. traded near $25.73 on Saturday. The company has a market capitalization of $6.83 billion and a P/E ratio of 10.7. Its stock has ranged from a low of $11.15 to a high of $26.10 over the past 52 weeks. The 50-day moving average is $21.28, while the 200-day moving average is $20.28. Macy's has a current ratio of 1.475 and a quick ratio of 0.341, with a debt-to-equity ratio of 105.623.

Analysts Set New Price Targets

Several analysts have recently maintained their ratings on Macy's stock. On June 22, 2026, TD Cowen maintained a 'hold' rating with a price target of $25.00. Earlier in June, Telsey Advisory Group and Citigroup also maintained 'hold' ratings with targets of $23.00 and $22.00, respectively. The consensus among analysts is a 'hold' rating, with an average price target of $22.05 based on 10 analyst opinions.

About Macy's, Inc.

Macy's, Inc. is a large retail company based in New York City, operating department stores under the Macy's, Bloomingdale's, and Bluemercury brands. The company offers a wide range of products, including clothing, cosmetics, and home furnishings, through its stores, websites, and mobile apps. With over 90,000 employees, Macy's also has operations in Dubai and Kuwait through licensing agreements. The company is led by CEO Mr. Antony Spring.

Bottom Line

Paul Griscom's recent sale of shares is a notable insider transaction at Macy's, Inc., a major player in the retail sector. Investors often track such insider activities as part of their broader investment analysis. It's important to remember that insider sales do not necessarily indicate a negative outlook. These transactions are part of regular disclosures and may not reflect current sentiment. As always, past filings and analyst opinions provide valuable context for understanding market dynamics.