Shares of HD Supply Holdings (HDS) Sees Large Outflow of Money

HD Supply Holdings (HDS): The stock had negative money flow to the tune of ($1.32 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $1.8 million, whereas, the outflow of money on downticks was $3.11 million and the ratio between the two was 0.58. The block trade had a negative net money flow of ($1.74 million). On the other hand, downticks amounted to $1.74 million of the traded value, which shows distribution in the stock by traders. HD Supply Holdings (HDS) closed with marginal gains of 42 cents to end the day at $36.47, an increase of 1.17% over the previous days close. The stock recorded 2.36% for the week.


Shares of HD Supply Holdings, Inc. appreciated by 2.95% during the last five trading days but lost 0.52% on a 4-week basis. HD Supply Holdings, Inc. is up 9.96% in the last 3-month period. Year-to-Date the stock performance stands at 22.04%.

HD Supply Holdings (NASDAQ:HDS): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.25 and $35.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.65, notching a gain of 1.66% for the day. The total traded volume was 1,103,232 . The stock had closed at $36.05 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Newman Margaret, (SVP, Chief HR Officer) of Hd Supply Holdings, Inc., had unloaded 18,000 shares at an average price of $36 in a transaction dated on June 8, 2016. The total value of the transaction was worth $648,000.

HD Supply Holdings, Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance, repair and operations (MRO) products, provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.

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