Shares of Foot Locker (FL) Rally 0.42%

On a relative basis, the stock has outperformed the S&P 500 by 2.96% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.42% in the last 1 week, and is up 7.46% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 5.36% and the 50-Day Moving Average is 3.32%.

Foot Locker (NYSE:FL): The stock opened at $57.89 on Friday but the bulls could not build on the opening and the stock topped out at $58.38 for the day. The stock traded down to $57.59 during the day, due to lack of any buying support eventually closed down at $57.65 with a loss of -0.12% for the day. The stock had closed at $57.72 on the previous day. The total traded volume was 1,636,260 shares.


The company Insiders own 2.9% of Foot Locker shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.21% . Institutional Investors own 99% of Foot Locker shares. During last six month period, the net percent change held by insiders has seen a change of -10.96%. In a related news, The director, of Foot Locker, Inc., Gilbert Jarobin Jr had unloaded 1,000 shares at $57.35 per share in a transaction on July 8, 2016. The total value of transaction was $57,350. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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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