Large Outflow of Money Witnessed in MetLife

MetLife (MET) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (7.83 million) in MetLife (MET). On Tuesday, The value of composite uptick trades was $30.21 million, whereas, the value of composite downtick trades was $38.04 million and the ratio between the two was 0.79, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $6.57 million. $0.85 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.13. The negative money flow of ($5.72 million) shows selling on strength. MetLife (MET) gained $0.58 intraday at $39.78 and registrered 1.48% for the week.


The company Insiders own 0.27% of MetLife shares according to the proxy statements. Institutional Investors own 75.22% of MetLife shares. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Global Employee Benefits) of Metlife Inc, Morris Maria R had sold 2,000 shares worth of $78,860 in a transaction dated July 1, 2016. In this transaction, 2,000 shares were sold at $39.43 per share.

Shares of MetLife, Inc. appreciated by 7.69% during the last five trading days but lost 5.41% on a 4-week basis. MetLife, Inc. has dropped 4.69% during the last 3-month period . Year-to-Date the stock performance stands at -13.92%.

MetLife (NYSE:MET): stock turned positive on Tuesday. Though the stock opened at $40.35, the bulls momentum made the stock top out at $41 level for the day. The stock recorded a low of $40.32 and closed the trading day at $40.76, in the green by 2.46%. The total traded volume for the day was 8,654,730. The stock had closed at $39.78 in the previous days trading.

MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.

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