Shares of Home Depot (The) (NYSE:HD) Sees Large Inflow of Net Money Flow

Home Depot (The) (NYSE:HD) witnessed a selling pressure and the shares last traded with a loss of -0.9 points or -0.7% at $127.93. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $4.75 million with an inflow of $95.84 million in upticks and an outflow of $91.09 million in downticks. Using the data, the up/down ratio is found to be 1.05. The share price has recorded -2.89% on a weekly basis.A block trade of $12.01 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $12.01, signaling heavy buying.


Currently the company Insiders own 0.26% of Home Depot (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.36% . Institutional Investors own 75.58% of Home Depot (The) shares. During last six month period, the net percent change held by insiders has seen a change of 66.78%. On the companys insider trading activities, Hewett Wayne M., director of Home Depot Inc, had purchased 350 shares on May 31, 2016. The total value of the transaction was $46,386. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Home Depot (The) (NYSE:HD) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1 points or 0.78% at $127.83 with 4,830,907 shares getting traded. Post opening the session at $128.94, the shares hit an intraday low of $127.785 and an intraday high of $129.45 and the price was in this range throughout the day. The company has a market cap of $159,021 million and the number of outstanding shares have been calculated to be 1,244,007,310 shares. The 52-week high of Home Depot (The) (NYSE:HD) is $137.82 and the 52-week low is $92.1685.

Many analysts have stated their opinion on the company shares. BTIG Research initiates coverage on Home Depot (The) (NYSE:HD) . The global brokerage major announces a current price target of $155 per share. Analysts at the BTIG Research have a current rating of Buy on the shares. The rating by the firm was issued on June 1, 2016.

The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.

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