Large Outflow of Money Witnessed in Ascena Retail Group

Ascena Retail Group (NASDAQ:ASNA) managed to eke out gains of 0.71% in intraday trade. The share price increased by 0.05 points to $7.06. Till last observation, the net money flow was recorded at a negative $(-0.84) million. The total inflow of $1.89 million in upticks was completely overshadowed by an outflow of $2.73 million in downticks, giving the up/down ratio a value of 0.69. The shares have seen a change of -1.53% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $0 million and the composite value in downticks was $1.09 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-1.09) million.


Currently the company Insiders own 7.8% of Ascena Retail Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 62.61% . Institutional Investors own 92.12% of Ascena Retail Group shares. During last six month period, the net percent change held by insiders has seen a change of 0.29%. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the CFO of Ascena Retail Group, Inc., Giammatteo Robert had purchased shares worth of $35,900 in a transaction dated on June 2, 2016. A total of 5,000 shares were purchased at a price of $7.18 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Ascena Retail Group (NASDAQ:ASNA) : On Monday heightened volatility was witnessed in Ascena Retail Group (NASDAQ:ASNA) which led to swings in the share price. The stock opened for trading at $6.94 and hit $7.3 on the upside , eventually ending the session at $7.06, with a gain of 0.71% or 0.05 points. The heightened volatility saw the trading volume jump to 2,986,426 shares. The 52-week high of the share price is $17.59 and the company has a market cap of $1,371 million. The 52-week low of the share price is at $6.33 .

Ascena Retail Group, Inc. is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. It operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment consists of specialty retail, outlet and e-commerce operations of Ann Taylor and LOFT brands. The Justice merchandise mix includes apparel, accessories, footwear, intimates and lifestyle products. The Lane Bryant segment offers apparel, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The maurices brand caters customers in ages between over 20 and 30, including core and plus-size offerings. The dressbarn brand caters female consumers in ages between approximately 30 and 50. Catherines offers apparel and accessories for wear-to-work and casual lifestyles.

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