SuperValu (NYSE:SVU) has tumbled 0.85% during the past week and has dropped 1.07% in the last 4 week period. The company has outperformed the S&P 500 by 0.33% in the past week but underperformed the index by 1.97% in the last 4 weeks.
SuperValu (NYSE:SVU): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.54 and $4.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.64, notching a gain of 1.98% for the day. The total traded volume was 2,452,156 . The stock had closed at $4.55 on the previous day.
The company shares have dropped -45.35% from its 1 Year high price. On Aug 3, 2015, the shares registered one year high at $9.37 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $4.70 and the 200 Day Moving Average price is recorded at $5.31.
On the companys insider trading activities,The director of Supervalu Inc, Sales Wayne C sold 533,682 shares at $7.05 on November 24, 2015. The Insider selling transaction had a total value worth of $3,762,458. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Currently the company Insiders own 1.51% of SuperValu shares according to the proxy statements. Institutional Investors own 86.27% of SuperValu shares.
SUPERVALU INC. (SUPERVALU) is a wholesale distributor to independent retail customers across the United States. The Company leverages its distribution operations by providing wholesale distribution and logistics service solutions to independent retail customers and Save-A-Lot licensees, as well as wholesale distribution to its Retail Food and Save-A-Lot stores. It operates in three segments: Independent Business, which is engaged in wholesale distribution and logistics service solutions to independently owned retail stores and other customers (collectively referred to as independent retail customers); Save-A-Lot, which is engaged in the sale of groceries at retail locations operated by the Company and from stores licensed by the Company, to which it provides wholesale distribution, and Retail Food, which is engaged in the sale of groceries and other products at retail locations operated by the Company.