Large Inflow of Money Witnessed in M&T Bank Corporation

M&T Bank Corporation (NYSE:MTB) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $117.33 with a loss of -0.07 points or -0.06%. The net money flow was $1.76 million and the up/down ratio was 1.28. Approximately $8.13 million was the inflow in upticks and $6.37 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of 0.1%.


The stock has recorded a 20-day Moving Average of 0.04% and the 50-Day Moving Average is 1.23%. The company shares have dropped 8.4% in the past 52 Weeks. On July 23, 2015 The shares registered one year high of $134 and one year low was seen on February 11, 2016 at $100.08. The 50-day moving average is $116.84 and the 200 day moving average is recorded at $113.69. S&P 500 has rallied 1.93% during the last 52-weeks.

M&T Bank Corporation (NYSE:MTB): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $117.82 and $116.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $118.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $117.87, notching a gain of 0.40% for the day. The total traded volume was 597,943 . The stock had closed at $117.40 on the previous day.

Currently the company Insiders own 3.63% of M&T Bank Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.2% . Institutional Investors own 79.8% of M&T Bank Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -22.2%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of M&T Bank Corp, Bojdak Robert J had sold 1,703 shares worth of $199,421 in a transaction dated June 3, 2016. In this transaction, 1,703 shares were sold at $117.1 per share.

M&T Bank Corporation (M&T) is a bank holding company for M&T Bank and Wilmington Trust, National Association (Wilmington Trust, N.A.). The Companys segments include Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. The Business Banking segment provides deposit, lending, cash management and other financial services. The Commercial Banking segment offers credit products and banking services for middle-market and commercial customers. Its Commercial Real Estate segment provides credit and deposit services. The Discretionary Portfolio segment includes investment and trading securities, loans and other assets, and borrowed funds. The Residential Mortgage Banking segment originates and services residential mortgage loans. The Retail Banking segment offers a range of services to consumers through delivery channels. It operates over 800 retail and commercial branches, and 1,600 automated teller machines.

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