Vantiv (VNTV) : $3.45 million worth of transactions were on upticks in Vantiv (VNTV), compared to $2.37 million on downticks. The ratio between the two was 1.45, whereas, the net money flow stood at a healthy $1.08 million on Fridays session. The consistent buying on upticks in the stock accounted for $0.59million worth of trades. The total money flow into the stock stood at $0.59 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.12%. The stock was trading at $59.06, with a drop of $0.07 over the previous days close. The stock recorded 0.25% for the week.
Vantiv (VNTV) : The consensus price target for Vantiv (VNTV) is $59.28 for the short term with a standard deviation of $3.85. The most optimist securities analyst among the 18 who monitor the stock believes that the stock can reach $65, however, the pessimist price target for the company is $52.
Vantiv (NYSE:VNTV): stock turned positive on Friday. Though the stock opened at $59.3, the bulls momentum made the stock top out at $59.54 level for the day. The stock recorded a low of $58.7 and closed the trading day at $59.43, in the green by 0.51%. The total traded volume for the day was 727,541. The stock had closed at $59.13 in the previous days trading.
In a related news,The officer (Grp Pres, IntPmt&Emrging Chnls) of Vantiv, Inc., Taylor Matt sold 162,576 shares at $59.05 on July 15, 2016. The Insider selling transaction had a total value worth of $9,600,113. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Vantiv, Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing, including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts, such as business cards, home equity lines of credit and health savings accounts.