Large Inflow of Money Witnessed in CVS Health Corporation

The shares of CVS Health Corporation (NYSE:CVS) traded with a loss of -0.02 points or -0.02% in the most recent session. The shares last traded at $93.21. As per the trading info, the shares saw $141.37 million in upticks and lost $87.63 million in downticks, resulting in a net money flow of $53.74 million. The up/down ratio for the day was measured at 1.61. For the week, the shares had posted -1.72%.From the block trade data available, the total upticks were valued at $50.64 million and the total downticks were valued at $4.18 million, thereby putting the up/down ratio at 12.11. The net money flow for the block transaction was $46.46 million.


The stock has recorded a 20-day Moving Average of 3.37% and the 50-Day Moving Average is 6.89%. The company shares have dropped 12.44% in the past 52 Weeks. On July 29, 2015 The shares registered one year high of $113.65 and one year low was seen on August 24, 2015 at $81.37. The 50-day moving average is $99.48 and the 200 day moving average is recorded at $98.44. S&P 500 has rallied 1.93% during the last 52-weeks.

CVS Health Corporation (NYSE:CVS): The stock opened at $93.47 on Tuesday but the bulls could not build on the opening and the stock topped out at $93.95 for the day. The stock traded down to $92.84 during the day, due to lack of any buying support eventually closed down at $93.21 with a loss of -0.02% for the day. The stock had closed at $93.23 on the previous day. The total traded volume was 6,653,097 shares.

Currently the company Insiders own 0.58% of CVS Health Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.31% . Institutional Investors own 85.28% of CVS Health Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.69%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (President and CEO) of Cvs Health Corp, Merlo Larry J had sold 38,247 shares worth of $4,015,935 in a transaction dated May 5, 2016. In this transaction, 38,247 shares were sold at $105 per share.

CVS Health Corporation, together with its subsidiaries, is a pharmacy company. The Company operates through three business segments: Pharmacy Services, Retail Pharmacy and Corporate. The Pharmacy Services segment provides a range of pharmacy benefit management (PBM) services and operates under the CVS/caremark Pharmacy Services, Novologix and Navarro Health Services names. The Retail Pharmacy segment sells prescription drugs and an assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, photo finishing, seasonal merchandise and greeting cards through the Companys retail stores, online retail pharmacy Websites and retail healthcare clinics. The Corporate segment provides management and administrative services to support the overall operations of the Company. The Company, through its wholly owned subsidiary, Omnicare, Inc., provides pharmacy services to long term care facilities.

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