Large Inflow of Money Witnessed in HSN

HSN (NASDAQ:HSNI) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $0.18 million worth of transactions were on upticks, whereas, the downticks accounted for $0.07 million worth of transactions. The net money flow was a positive $0.11 million and the uptick to downtick ratio was 2.55. The net money flow into the stock was $0.01 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.01 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. HSN (NASDAQ:HSNI) was trading at $47, down $0.01 during day. The stock slid -0.02% over the previous days close. For the week, the stock recorded -2.93% over the previous weeks close.


In an insider trading activity,The director officer (CEO) of Hsn, Inc., Grossman Mindy F sold 53,253 shares at $61.85 on November 2, 2015. The Insider selling transaction had a total value worth of $3,293,698. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 2.6% of HSN shares according to the proxy statements. Institutional Investors own 61.77% of HSN shares.

The company shares have dropped -33.23% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $75.43 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $50.10 and the 200 Day Moving Average price is recorded at $50.50. HSN (NASDAQ:HSNI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.24 and $46.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.07, notching a gain of 2.25% for the day. The total traded volume was 275,537 . The stock had closed at $47.01 on the previous day.

HSN, Inc. is an interactive multi-channel retailer. The Company offers products and brand names to its customers, including television, online, mobile, catalogs and in retail and outlet stores. The Company markets and sells a range of third-party and private label merchandise directly to consumers, which includes its television networks and digital platforms, including mobile, as well as through Cornerstones portfolio of catalogs and digital platforms, including mobile. Its merchandise categories primarily consist of jewelry, fashion, such as apparel and accessories, beauty and health, and home and other, including household, home design, electronics, culinary and other. Its operating segments include HSN and Cornerstone. The Company engages in co-promotional partnerships with media companies. It engages in search engine marketing and targeted offline advertising.

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