Large Inflow of Money Witnessed in Home Depot (The)

Home Depot (The) (NYSE:HD) stock had a bullish inflow of $139.65 million worth of trades on uptick and an outflow of $136.6 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.02. The net money flow into the stock was $3.05 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $6.41 million. An inflow of $8.63 million block trade was recorded on downticks. $15.03 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 1.74 in favor of the bulls. However, Home Depot (The) (NYSE:HD) stock traded down $0.14 , and reached $127.39, a drop of -0.11% over the previous day. On a weekly basis, the stock is 0.78%, over the previous weeks close.


In an insider trading activity, Hewett Wayne M., director of Home Depot Inc had purchased 350 shares on May 31, 2016 in a transaction. The price per share was $132.53 and the total amount of the disclosed transaction was $46,386.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices. Currently the company Insiders own 0.26% of Home Depot (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.36% . Institutional Investors own 75.58% of Home Depot (The) shares. During last six month period, the net percent change held by insiders has seen a change of 66.78%.

The company shares have rallied 13.79% from its 1 Year high price. On May 10, 2016, the shares registered one year high at $137.82 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $130.48 and the 200 Day Moving Average price is recorded at $128.89. Home Depot (The) (NYSE:HD): The stock opened at $127.90 on Wednesday but the bulls could not build on the opening and the stock topped out at $128.47 for the day. The stock traded down to $126.90 during the day, due to lack of any buying support eventually closed down at $127.37 with a loss of -0.13% for the day. The stock had closed at $127.53 on the previous day. The total traded volume was 5,782,130 shares.

The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.

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