Large Outflow of Money Witnessed in Foot Locker

Foot Locker (FL) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (3.72 million) in Foot Locker (FL). On Tuesday, The value of composite uptick trades was $4.62 million, whereas, the value of composite downtick trades was $8.33 million and the ratio between the two was 0.55, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $2.3 million. The negative money flow of ($2.3 million) shows selling on strength. Foot Locker (FL) gained $0.07 intraday at $58.18 and registrered 0.12% for the week.


The company Insiders own 2.9% of Foot Locker shares according to the proxy statements. Institutional Investors own 98.79% of Foot Locker shares. During last six month period, the net percent change held by insiders has seen a change of -11.51%. In an insider trading activity, The director, of Foot Locker, Inc., Mckenna Matthew M had unloaded 10,628 shares at $62.35 per share in a transaction on April 8, 2016. The total value of transaction was $662,656. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Shares of Foot Locker, Inc. rose by 6.3% in the last five trading days and 4.81% for the last 4 weeks. Foot Locker, Inc. has dropped 2.24% during the last 3-month period . Year-to-Date the stock performance stands at -9.55%.

Foot Locker (NYSE:FL): stock turned positive on Tuesday. Though the stock opened at $58.11, the bulls momentum made the stock top out at $58.53 level for the day. The stock recorded a low of $57.97 and closed the trading day at $58.37, in the green by 0.45%. The total traded volume for the day was 2,201,930. The stock had closed at $58.11 in the previous days trading.

Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point and Sidestep. The Direct-to-Customers segment includes, Inc. and other affiliates, including Eastbay, Inc., and the direct-to-customer subsidiary of Runners Point Group, which sell to customers through their Internet and mobile sites and catalogs. As of January 31, 2015, the Company operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. As of January 31, 2015, the Company operated a total of 78 franchised stores, of which 31 are in the Middle East, 27 in Germany and Switzerland, and 20 in the Republic of Korea.

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