Large Inflow of Money Witnessed in Bloomin Brands

Bloomin Brands (NASDAQ:BLMN) dropped by -0.8 or -0.15 points during the last session to $18.61 per share. One of the highlights of the day was the net money flow figure, which stood at $4.9 million even as the stock accepted $6.41 million in upticks but rejected $1.51 million in downticks. The up/down ratio for the last observation was a 4.24. The 1-week percentage change for the stock price is registered at -0.11%.A block transaction occurred with $5.1 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $5.1 million at the end of the block trade.


The stock has recorded a 20-day Moving Average of 2.65% and the 50-Day Moving Average is 0.69%. The company shares have dropped 13.91% in the past 52 Weeks. On August 4, 2015 The shares registered one year high of $23.83 and one year low was seen on February 18, 2016 at $14.91. The 50-day moving average is $19.07 and the 200 day moving average is recorded at $17.55. S&P 500 has rallied 1.93% during the last 52-weeks.

Bloomin Brands (NASDAQ:BLMN): The stock opened at $18.78 on Tuesday but the bulls could not build on the opening and the stock topped out at $18.81 for the day. The stock traded down to $18.56 during the day, due to lack of any buying support eventually closed down at $18.61 with a loss of -0.80% for the day. The stock had closed at $18.76 on the previous day. The total traded volume was 764,738 shares.

Currently the company Insiders own 6.68% of Bloomin Brands shares according to the proxy statements. Institutional Investors own 93.75% of Bloomin Brands shares. On the companys insider trading activities,The director of Bloomin Brands, Inc., Sullivan Chris Thomas sold 133,000 shares at $19.48 on June 6, 2016. The Insider selling transaction had a total value worth of $2,590,840. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Bloomin Brands, Inc. is a holding company engaged in operating casual dining restaurants. The Company has a portfolio of four restaurant concept: Outback Steakhouse, Carrabbas Italian Grill, Bonefish Grill and Flemings Prime Steakhouse & Wine Bar. As of December 28, 2014, the Company owned and operated 1,344 restaurants and franchised 166 restaurants across 48 states, Puerto Rico, Guam and 21 countries. The Companys business unit Bloomin Brands International is engaged in developing and operating its restaurants outside of the United States. Outback Steakhouse is a casual steakhouse restaurant focused on steaks, flavors and Australian decor. Carrabbas Italian Grill is a casual Italian restaurant. Bonefish Grill is a casual seafood restaurant, which offers grilled fish. Flemings Prime Steakhouse & Wine Bar is a steakhouse, which offers beef, seafood and pork and chicken entrees, accompanied by an assortment of salads and side dishes.

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