Nordstrom COO Alexis DePree sells $464k in company stock

Nordstrom, Inc. (NYSE:JWN ) Chief Operating Officer Alexis DePree recently sold a significant portion of her company stock, according to the latest regulatory filings. On September 24, DePree sold 20,000 shares of Nordstrom common stock at a weighted average price of $23.1993, totaling approximately $463,986.

The transactions were executed in multiple parts, with individual share prices ranging from $23.15 to $23.265. Following the sale, DePree still owns 169,331 shares of Nordstrom stock, indicating a continued investment in the company's future.

The sale by a high-ranking executive like the COO can often draw the attention of investors and market analysts. While the reasons behind such transactions can vary, they are typically seen as routine financial management by corporate insiders.

As is customary, the filing offered to provide additional details upon request regarding the specific number of shares sold at each price point within the stated range. This level of transparency is consistent with regulatory requirements and corporate governance standards.

The recent transaction by DePree represents a notable event for Nordstrom shareholders and potential investors, as insider sales can sometimes provide insights into an executive's perspective on the company's valuation and prospects. However, it is important to consider such sales within the broader context of an executive's overall holdings and the company's performance.



In other recent news, Nordstrom Inc . has seen significant developments. The Nordstrom family, in partnership with Liverpool, proposed a private buyout of the company at $23 per share, a move that could significantly alter Nordstrom's ownership structure. This proposal, which includes $250 million in new bank financing, is currently under review by a special committee of independent directors.

Nordstrom's financial performance has been robust, with a 3.2% increase in second-quarter revenue and an earnings per share (EPS) of $0.96, surpassing analysts' projections of $0.71. This positive performance is attributed to improved gross margins, which rose by 155 basis points to 36.6%, and strong full-price sales.

In response to these results, several analyst firms have revised their outlook on Nordstrom. KeyBanc Capital Markets maintained its Overweight rating, while TD Cowen and BMO Capital Markets raised their price targets for Nordstrom to $25.00 and $22.00, respectively.

Lastly, Nordstrom's Rack brand has been instrumental in the company's growth, with plans to open 12 more Rack stores by year-end. These recent developments provide an updated perspective on Nordstrom's standing in the market.
InvestingPro Insights


Amidst the news of Nordstrom's COO Alexis DePree selling a portion of her company stock, current and prospective investors may find the latest metrics from InvestingPro particularly insightful. Nordstrom, Inc. (NYSE:JWN) shows a promising financial outlook according to recent data. The company's market capitalization stands at a robust $3.7 billion, reflecting investor confidence and a substantial presence in the retail market.

The company's Price-to-Earnings (P/E) ratio, a key indicator of investor expectations about future earnings growth, is currently at 13.06, with an adjusted P/E ratio for the last twelve months as of Q2 2025 at 11.32. This valuation metric can be particularly telling when juxtaposed with the company's performance and the COO's recent stock sale. Additionally, Nordstrom's revenue growth over the last twelve months as of Q2 2025 was 1.02%, a steady increase that suggests resilience in the face of a dynamic retail landscape.

Investors may also take note of the InvestingPro Tips that highlight Nordstrom's high shareholder yield and the expectation that net income is projected to grow this year. These insights suggest that Nordstrom could be positioned for a profitable year ahead, despite 11 analysts having revised their earnings downwards for the upcoming period. For those looking to delve deeper into the company's financials and future prospects, InvestingPro offers additional tips, with a total of 7 tips currently available on the platform for Nordstrom.

With the next earnings date set for November 19, 2024, and a recent history of a high return over the last year, these InvestingPro insights offer a nuanced perspective for those evaluating Nordstrom's stock performance and potential investment opportunities.

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Source: Investing.com