Large Inflow of Money Witnessed in Anthem

Anthem (NYSE:ANTM) witnessed a selling pressure and the shares last traded with a loss of -0.14 points or -0.11% at $132.58. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $1.6 million with an inflow of $2.12 million in upticks and an outflow of $0.53 million in downticks. Using the data, the up/down ratio is found to be 4.04. The share price has recorded 0.18% on a weekly basis.A block trade of $1.46 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $1.46, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 0.02% and the 50-Day Moving Average is 3.84%. The company shares have dropped 21.93% in the past 52 Weeks. On June 26, 2015 The shares registered one year high of $171 and one year low was seen on February 8, 2016 at $115.63. The 50-day moving average is $134.3 and the 200 day moving average is recorded at $135.93. S&P 500 has rallied 1.93% during the last 52-weeks.

Anthem (NYSE:ANTM): The stock opened at $133.37 on Tuesday but the bulls could not build on the opening and the stock topped out at $133.43 for the day. The stock traded down to $131.35 during the day, due to lack of any buying support eventually closed down at $131.45 with a loss of -0.96% for the day. The stock had closed at $132.72 on the previous day. The total traded volume was 2,065,687 shares.

Currently the company Insiders own 0.37% of Anthem shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.51% . Institutional Investors own 89.09% of Anthem shares. During last six month period, the net percent change held by insiders has seen a change of -36.1%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mccarthy Gloria M, officer (EVP & Chief Administrative Off) of Anthem, Inc., had unloaded 4,786 shares at an average price of $131.69 in a transaction dated on June 1, 2016. The total value of the transaction was worth $630,268.

Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.

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