Large Inflow of Money Witnessed in LPL Financial Holdings

LPL Financial Holdings (NASDAQ:LPLA) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.38. The total value of inflow transactions on upticks was $0.48 million, whereas, the total value of outflow trades on downticks was $0.35 million. The total money flow was $0.13 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.01 million. The total value of the trades done on upticks was $0.01 million. LPL Financial Holdings (NASDAQ:LPLA) was trading with a -0.33% change over previous days close. It fell $0.07 during the day and reached $21.46. The stock was -6.53% compared to the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (EVP, Chief Accounting Officer) of Lpl Financial Holdings Inc., Buchheister Jeffrey R. had purchased shares worth of $1,640 in a transaction dated on February 12, 2016. A total of 100 shares were purchased at a price of $16.4 per share. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 5.7% of LPL Financial Holdings shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of 1.84%.

The company shares have dropped -54.00% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $48.18 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $25.20 and the 200 Day Moving Average price is recorded at $27.68. LPL Financial Holdings (NASDAQ:LPLA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.81 and $21.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.22, notching a gain of 3.20% for the day. The total traded volume was 1,021,507 . The stock had closed at $21.53 on the previous day.

LPL Financial Holdings Inc. is an independent broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors, including financial advisors at around 700 financial institutions, enabling them to provide their retail investors with objective financial advice. It also supports approximately 4,400 financial advisors who are affiliated and licensed with insurance companies through customized clearing services, advisory platforms, and technology solutions. It provides its advisors with the front-office, middle-office, and back-office support. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. Its subsidiaries include LPL Financial LLC, The Private Trust Company, N.A., Independent Advisers Group Corporation and LPL Insurance Associates, Inc.

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