Shares of Black Knight Financial Services (BKFS) Sees Large Inflow of Net Money Flow

Black Knight Financial Services (BKFS) stock had a bullish inflow of $7.22 million worth of trades on uptick and an outflow of $2.45 million in downticks on Tuesday. The total uptick to downtick ratio stood at 2.95. The net money flow into the stock was $4.77 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $5.13 million. $5.13 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Black Knight Financial Services (BKFS) stock traded down $0.04 , and reached $38, a drop of -0.11% over the previous day. On a weekly basis, the stock is 0.11%, over the previous weeks close.


The company Insiders own 30.91% of Black Knight Financial Services shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.78% . Institutional Investors own 89.15% of Black Knight Financial Services shares. During last six month period, the net percent change held by insiders has seen a change of -4.78%. In an insider trading activity, The Securities and Exchange Commission has divulged that Hunt David K, Director of Black Knight Financial Services, Inc., had unloaded 10,627 shares at an average price of $36.5 in a transaction dated on June 29, 2016. The total value of the transaction was worth $387,886.

Shares of Black Knight Financial Services, Inc. rose by 2.7% in the last five trading days and 8.2% for the last 4 weeks. Black Knight Financial Services, Inc. is up 31.53% in the last 3-month period. Year-to-Date the stock performance stands at 14.94%.

Black Knight Financial Services (NYSE:BKFS): On Tuesdays trading session , Opening price of the stock was $38.35 with an intraday high of $38.5. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $37.91. However, the stock managed to close at $38, a loss of 0.11% for the day. On the previous day, the stock had closed at $38.04. The total traded volume of the day was 421,669 shares.

Black Knight Financial Services, Inc. is a holding company. The Company, through its subsidiaries, provides integrated technology, workflow automation and data and analytics to the mortgage industry. The Company operates through two segments: Technology, and Data and Analytics. The Companys Technology segment offers software and hosting solutions that support loan servicing, which includes the core mortgage servicing, specialty mortgage servicing, including loss mitigation and default workflow management, loan origination and settlement services. Its Data and Analytics segment offers solutions support its technology products in the mortgage, real estate and capital markets industries. These solutions include property ownership data, lien data, servicing data, automated valuation models, collateral risk scores, prepayment and default models, lead generation and other data solutions. Its subsidiaries include Black Knight InfoServ, LLC and Black Knight Financial Services, LLC.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.