Shares of Fidelity National Financial (NYSE:FNF) Sees Large Outflow of Money

Shares of Fidelity National Financial (NYSE:FNF) advanced to $34.91. The price had gained 0.32% or 0.11 points intraday. The latest trading session witnessed $1.41 million in upticks and $2.57 million in downticks, resulting in net money flow of (-1.16) million. The up/down ratio for the day stood at 0.55. On a weekly scale, the price has seen a change of 0.43%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-1.19) million occurred during the day. $0.53 million in uptick and $1.72 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.31.


The stock has recorded a 20-day Moving Average of 0.63% and the 50-Day Moving Average is 4.19%. The company shares have dropped 7.15% in the past 52 Weeks. On August 5, 2015 The shares registered one year high of $40.25 and one year low was seen on February 11, 2016 at $28.24. The 50-day moving average is $34.17 and the 200 day moving average is recorded at $33.13. S&P 500 has rallied 1.93% during the last 52-weeks.

Fidelity National Financial (NYSE:FNF): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.98 and $34.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.93, notching a gain of 0.37% for the day. The total traded volume was 1,351,045 . The stock had closed at $34.80 on the previous day.

Currently the company Insiders own 5% of Fidelity National Financial shares according to the proxy statements. Institutional Investors own 84.14% of Fidelity National Financial shares. During last six month period, the net percent change held by insiders has seen a change of -10.07%. On the companys insider trading activities, Gravelle Michael L, officer (Executive Vice President) of Fidelity National Financial, Inc., unloaded 76,762 shares at an average price of $34.56 on June 15, 2016. The total amount of the transaction was worth $2,652,895, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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