Shares of Bed Bath & Beyond (BBBY) Sees Large Outflow of Money

Bed Bath & Beyond (BBBY) : The total negative money flow of $1.8 million on Monday indicates selling on strength. The inflow of money on upticks was $4.22 million, compared to $6.02 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.7. The negative money flow of $1.81 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $1.81 million. The price action in the Bed Bath & Beyond (BBBY) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $46.7 with a gain of $0.57 , a change of 1.23% over the previous days close. The stock registered 4.22% for the week.


Shares of Bed Bath & Beyond Inc. rose by 3.43% in the last five trading days and 4.8% for the last 4 weeks. Bed Bath & Beyond Inc. is up 8.86% in the last 3-month period. Year-to-Date the stock performance stands at -3.34%.

Bed Bath & Beyond (NASDAQ:BBBY): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.11 and $46.04 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.50, notching a gain of 0.80% for the day. The total traded volume was 2,075,830 . The stock had closed at $46.13 on the previous day.

In a related news, The director officer (Chief Executive Officer), of Bed Bath & Beyond Inc, Temares Steven H had unloaded 223,678 shares at $45.81 per share in a transaction on May 10, 2016. The total value of transaction was $10,246,689. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Bed Bath & Beyond Inc. and subsidiaries is a retailer selling an assortment of domestics merchandise and home furnishings, which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon or Harmon Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Customers can purchase products from the Company either in-store, online or through a mobile device. In addition, the Company operates Of a Kind, an e-commerce Website that features specially commissioned, limited edition items from emerging fashion and home designers. It also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. The Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. It sells an assortment of domestics merchandise and home furnishings.

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