Marcus & Millichap (MMI) Earns Media Sentiment Rating of 0.15

News coverage about Marcus & Millichap (NYSE:MMI) has trended somewhat positive recently, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marcus & Millichap earned a news impact score of 0.15 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 47.0676424690916 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

A number of research analysts recently issued reports on the stock. Wells Fargo & Co reiterated a “market perform” rating and issued a $31.00 price objective (up previously from $25.00) on shares of Marcus & Millichap in a report on Wednesday, November 8th. Zacks Investment Research upgraded shares of Marcus & Millichap from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a report on Wednesday, November 22nd. Finally, Citigroup upgraded shares of Marcus & Millichap from a “neutral” rating to a “buy” rating in a report on Tuesday, November 14th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $33.00.

Marcus & Millichap (NYSE MMI) opened at $32.02 on Friday. The stock has a market cap of $1,207.16, a P/E ratio of 20.79, a P/E/G ratio of 3.23 and a beta of 1.59. Marcus & Millichap has a fifty-two week low of $23.22 and a fifty-two week high of $32.72. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.02.

In other Marcus & Millichap news, CFO Martin E. Louie sold 13,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $32.00, for a total transaction of $416,000.00. Following the completion of the transaction, the chief financial officer now owns 62,518 shares in the company, valued at approximately $2,000,576. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Hessam Nadji sold 18,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $30.40, for a total transaction of $562,400.00. Following the transaction, the chief executive officer now owns 303,923 shares of the company’s stock, valued at approximately $9,239,259.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,715,107 shares of company stock valued at $52,377,445. 58.30% of the stock is owned by company insiders.

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Marcus & Millichap Company Profile

Marcus & Millichap, Inc is a brokerage company specializing in commercial real estate investment sales, financing, research and advisory services. The Company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory and consulting services.

Insider Buying and Selling by Quarter for Marcus & Millichap (NYSE:MMI)

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