Large Inflow of Money Witnessed in Lowes Companies

Lowes Companies (NYSE:LOW) stock had a bullish inflow of $102.74 million worth of trades on uptick and an outflow of $67.33 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.53. The net money flow into the stock was $35.41 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 $33.35 million. $33.35 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Lowes Companies (NYSE:LOW) stock traded down $0.27 , and reached $77.76, a drop of -0.35% over the previous day. On a weekly basis, the stock is 0.91%, over the previous weeks close.


In an insider trading activity, Maltsbarger Richard D, officer (CDO & President, Intl) of Lowes Companies Inc, unloaded 12,656 shares at an average price of $80.21 on May 31, 2016. The total amount of the transaction was worth $1,015,138, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.39% of Lowes Companies shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.39% . Institutional Investors own 77.88% of Lowes Companies shares. During last six month period, the net percent change held by insiders has seen a change of -23.01%.

The company shares have rallied 16.05% from its 1 Year high price. On Jun 2, 2016, the shares registered one year high at $80.76 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $78.29 and the 200 Day Moving Average price is recorded at $74.13. Lowes Companies (NYSE:LOW): The stock opened at $78.25 on Wednesday but the bulls could not build on the opening and the stock topped out at $78.70 for the day. The stock traded down to $77.49 during the day, due to lack of any buying support eventually closed down at $77.76 with a loss of -0.35% for the day. The stock had closed at $78.03 on the previous day. The total traded volume was 5,958,774 shares.

Lowes Companies, Inc. (Lowes) is a home improvement retailer. As of January 30, 2015, Lowes operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowes is consisted of 1,793 stores located across 50 states in the United States, including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as 37 stores in Canada, and 10 stores in Mexico. It serves homeowners, renters, and professional customers (Pro customers). Its retail customers, consisted of individual homeowners and renters, complete a range of projects. The Pro customer consists of two categories: construction trades, and maintenance, repair and operations. The Company offers a range of products for maintenance, repair, remodeling, and decorating.

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