Large Inflow of Money Witnessed in AutoNation

AutoNation (NYSE:AN) dropped slightly amid mild profit booking and the last known price was $48.93 per share. The price decreased by -0.43 points or -0.87% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $0.83 million. The total upticks were valued at $1.15 million and the total downticks aggregated to $0.32 million, thereby putting the up/down ratio at 3.63,. The shares have seen a change in the share price of 1.77% on a weekly basis.In a big block trade which occurred today, the total uptick value was $0.83 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $0.83 million.


The stock has recorded a 20-day Moving Average of 2% and the 50-Day Moving Average is 1.03%. The company shares have dropped 22.27% in the past 52 Weeks. On July 20, 2015 The shares registered one year high of $66.63 and one year low was seen on January 28, 2016 at $40.45. The 50-day moving average is $48.4 and the 200 day moving average is recorded at $50.05. S&P 500 has rallied 1.93% during the last 52-weeks.

AutoNation (NYSE:AN): The stock opened at $48.99 on Tuesday but the bulls could not build on the opening and the stock topped out at $49.11 for the day. The stock traded down to $47.79 during the day, due to lack of any buying support eventually closed down at $47.89 with a loss of -2.98% for the day. The stock had closed at $49.36 on the previous day. The total traded volume was 1,350,598 shares.

Currently the company Insiders own 2.9% of AutoNation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -44.81% . Institutional Investors own 67.65% of AutoNation shares. During last six month period, the net percent change held by insiders has seen a change of 11.99%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP – GC, Corp Dev & HR) of Autonation, Inc., Ferrando Jonathan P had sold 20,000 shares worth of $1,006,400 in a transaction dated June 7, 2016. In this transaction, 20,000 shares were sold at $50.32 per share.

AutoNation, Inc. is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, which includes vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources. It operates through three segments: The Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford and Chrysler. The Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda and Nissan. The Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW and Lexus.

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