Large Inflow of Money Witnessed in Huntington Bancshares Incorporated

Huntington Bancshares Incorporated (NASDAQ:HBAN) dropped slightly amid mild profit booking and the last known price was $9.26 per share. The price decreased by -0.02 points or -0.22% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $6.2 million. The total upticks were valued at $19.01 million and the total downticks aggregated to $12.8 million, thereby putting the up/down ratio at 1.48,. The shares have seen a change in the share price of -0.43% on a weekly basis.In a big block trade which occurred today, the total uptick value was $8.36 million and the total downtick value was $2.11, resulting in an up/down ratio of 3.97. The net money flow for the block trade was calculated to be $6.26 million.


The stock has recorded a 20-day Moving Average of 7.86% and the 50-Day Moving Average is 7.15%. The company shares have dropped 20.55% in the past 52 Weeks. On July 23, 2015 The shares registered one year high of $11.9 and one year low was seen on January 26, 2016 at $7.83. The 50-day moving average is $10.05 and the 200 day moving average is recorded at $9.8. S&P 500 has rallied 1.93% during the last 52-weeks.

Huntington Bancshares Incorporated (NASDAQ:HBAN): The stock opened at $9.30 on Tuesday but the bulls could not build on the opening and the stock topped out at $9.33 for the day. The stock traded down to $9.10 during the day, due to lack of any buying support eventually closed down at $9.26 with a loss of -0.22% for the day. The stock had closed at $9.28 on the previous day. The total traded volume was 14,464,147 shares.

Currently the company Insiders own 1.65% of Huntington Bancshares Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.8% . Institutional Investors own 76.01% of Huntington Bancshares Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of 3.25%. On the companys insider trading activities,The officer (Sr. EVP of Principal Subsidiar) of Huntington Bancshares Inc/Md, Neumeyer Daniel J. sold 9,662 shares at $10.61 on May 25, 2016. The Insider selling transaction had a total value worth of $102,514. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Huntington Bancshares Incorporated (Huntington) is a diversified regional bank holding company. The Company operates through its subsidiary, The Huntington National Bank (the Bank). It provides commercial, small business, consumer and mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services. It operates in five segments: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate, Regional Banking and The Huntington Private Client Group, and Home Lending. Its loan portfolio includes commercial and industrial, commercial real estate, construction CRE, automobile, home equity, residential mortgage and consumer loans/leases. The Bank has approximately 14 private client group offices and 715 branches, including 404 in Ohio, 43 in Indiana, 179 in Michigan, 31 in West Virginia, 48 in Pennsylvania and 10 in Kentucky.

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