TD Ameritrade Holding Corporation (NYSE:AMTD) has tumbled 1.96% during the past week and has dropped 4.12% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.78%. TD Ameritrade Holding Corporation (NYSE:AMTD) has underperformed the index by 5% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
TD Ameritrade Holding Corporation (NYSE:AMTD): The stock opened at $29.60 on Friday but the bulls could not build on the opening and the stock topped out at $30.03 for the day. The stock traded down to $29.32 during the day, due to lack of any buying support eventually closed down at $29.52 with a loss of -0.17% for the day. The stock had closed at $29.57 on the previous day. The total traded volume was 2,302,031 shares.
The company shares have dropped -21.88% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $38.72 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $30.33 and the 200 Day Moving Average price is recorded at $30.88.
On the companys insider trading activities, Tomczyk Fredric J, director officer (CEO) of Td Ameritrade Holding Corp, unloaded 10,000 shares at an average price of $31.28 on June 3, 2016. The total amount of the transaction was worth $312,800, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Deutsche Bank maintains the rating on TD Ameritrade Holding Corporation (NYSE:AMTD). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency lowers the price target from $35 per share to $34 per share. The rating by the firm was issued on June 16, 2016. Currently the company Insiders own 0.79% of TD Ameritrade Holding Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.74% . Institutional Investors own 47.85% of TD Ameritrade Holding Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -10.72%.
TD Ameritrade Holding Corporation (TD Ameritrade) is an investment banking and a retail discount securities brokerage company. The parent company is Delaware Corporation. The Company provides securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company offers various products and services to its client, primarily, trading in common and preferred stocks, American Depository Receipts, closed-end funds, Exchange Traded Funds, Futures & Options, Foreign Exchange, Mutual Funds, Fixed Income securities, New and secondary issue securities, Margin lending, Cash Management Services and Annuities. The Companys client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.