MAC MACERICH CO Insider Trading

Director Murphy Devin Ignatius bought 7,000 shares of MAC at $16.40; holdings increased 330.5% to 9,118 shares post-transaction.

Murphy Devin Ignatius, a director at Macerich, purchased 7,000 shares at $16.40 on 2025-03-14, representing a substantial increase in his stake from 2,118 shares to 9,118 shares. The company is currently unprofitable with a net income of $-108.2M in its most recent full fiscal year, while trading at a P/E of 27.16 and down 22.6% from its 52-week high of $22.11. The stock has also declined 16.5% over the past 30 days and 19.9% over 90 days, placing this purchase within a period of material price deterioration. The combination of director accumulation during weakness, substantial relative increase in personal holdings, and the company's negative profitability profile warrants attention to understand the motivations behind this acquisition.

Hsieh Jackson (President and CEO) purchases 56,000 shares of MAC at $17.75, raising stake to 226,500 shares (+32.8%)

Hsieh Jackson, CEO of Macerich, acquired 56,000 shares at $17.75 on March 4, 2025, expanding his holdings by 32.8% to 226,500 shares total for $993.8K. This represents a significant personal capital commitment from the company's top executive. However, the transaction occurs against a backdrop of material headwinds: the stock trades at $18.17 currently, down 17.8% from its 52-week high and 11.2% over the past month, while the company operates with negative full-year net income of $-108.2M despite modest 3.9% annual revenue growth. Jackson's prior buy at this ticker in May 2024 achieved a 90-day return of +4.5%, demonstrating past instances of well-timed purchasing at MAC; his cross-ticker track record shows 100% 90-day win rate on 1 prior buy with +4.5% average return. The purchase timing aligns with recent price weakness, but fundamental profitability remains absent and current valuation (P/E 28.84) remains elevated despite the recent decline.

Director Stephen Andrea M sells entire 63,289-share stake in MAC at $20.59; stock unprofitable ($-108.2M net income).

Stephen Andrea M, a Director, liquidated his entire position of 63,289 shares at $20.59 on 2024-12-26, reducing his holdings by 100.0% and generating $1,303,120.51 in proceeds. This complete exit occurs against a backdrop of material financial stress: the company reported net income of $-108,189,000.00 over its most recent full fiscal year while the stock trades at a P/E of 57.03, indicating negative earnings. The sale price of $20.59 sits 9.7% below the 52-week high of $22.11, though the stock has risen 11.4% over the past 90 days and is down 5.9% in the last 30 days. The full divestiture of a director's entire stake warrants investor attention given the company's unprofitable status and elevated valuation multiple.