Large Inflow of Money Witnessed in Blue Buffalo Pet Products

Blue Buffalo Pet Products (NASDAQ:BUFF) : Blue Buffalo Pet Products (NASDAQ:BUFF) had a healthy money flow of $7.16 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $17.35 million, whereas, investors only sold shares worth $10.18 million on downticks. The stock closed the day with an up-down ratio of 1.7.The money flow in the block trades to the tune of $6.92 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $8.64 million worth of transactions were on upticks. A paltry $1.73 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 5. Blue Buffalo Pet Products (NASDAQ:BUFF) stock slid $0.08 intraday and traded at 23.13, a change of -0.32% over previous days close. However, for the week, the company shares are -3.77% compared to previous weeks close.


In an insider trading activity, The officer (EVP, CFO and Treasurer), of Blue Buffalo Pet Products, Inc., Nathenson Michael had unloaded 63,758 shares at $20 per share in a transaction on July 27, 2015. The total value of transaction was $1,275,160. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 10.3% of Blue Buffalo Pet Products shares according to the proxy statements. Institutional Investors own 83.68% of Blue Buffalo Pet Products shares.

Blue Buffalo Pet Products (NASDAQ:BUFF): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.25 and $22.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.59, notching a gain of 1.68% for the day. The total traded volume was 11,725,119 . The stock had closed at $23.20 on the previous day.

Blue Buffalo Pet Products, Inc. is a pet food company in the United States, selling dog and cat food made with whole meats, fruits and vegetables, and other natural ingredients. The Company has built four product lines under its BLUE brand. The Company develops, produces, markets and sells pet food under its product lines, which include BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics and BLUE Freedom. Each line of pet food includes different product types for dogs and cats, such as dry food, wet food and treats. The Company also produces and sells cat litter products under the BLUE Naturally Fresh line. The Company sells its products in the specialty channels, either directly to retailers or through distributors. The specialty channels include national pet superstore chains, regional pet store chains, neighborhood pet stores, veterinary clinics, farm and feed stores, e-commerce retailers, military outlets and hardware stores.

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