Large Outflow of Money Witnessed in Dreamworks Animation SKG

Dreamworks Animation SKG (NASDAQ:DWA) managed to eke out gains of 0.12% in intraday trade. The share price increased by 0.05 points to $40.21. Till last observation, the net money flow was recorded at a negative $(-1.36) million. The total inflow of $3.04 million in upticks was completely overshadowed by an outflow of $4.4 million in downticks, giving the up/down ratio a value of 0.69. The shares have seen a change of -0.42% 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 $0.9 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-0.9) million.


Currently the company Insiders own 13.14% of Dreamworks Animation SKG shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -25.85% . Institutional Investors own 85.48% of Dreamworks Animation SKG shares. During last six month period, the net percent change held by insiders has seen a change of -25.85%. On the companys insider trading activities,The officer (Head of Human Resources) of Dreamworks Animation Skg, Inc., Satterthwaite Dan sold 4,918 shares at $27.5 on April 19, 2016. The Insider selling transaction had a total value worth of $135,245. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Dreamworks Animation SKG (NASDAQ:DWA) : On Monday heightened volatility was witnessed in Dreamworks Animation SKG (NASDAQ:DWA) which led to swings in the share price. The stock opened for trading at $40.13 and hit $40.25 on the upside , eventually ending the session at $40.21, with a gain of 0.12% or 0.05 points. The heightened volatility saw the trading volume jump to 884,635 shares. The 52-week high of the share price is $40.42 and the company has a market cap of $3,480 million. The 52-week low of the share price is at $17.02 .

Many analysts have stated their opinion on the company shares. Equity Analysts at the Topeka Capital upgrades the rating on Dreamworks Animation SKG (NASDAQ:DWA). The brokerage firm has issued a Hold rating on the shares. The shares were previously rated Sell. The rating by the firm was issued on May 3, 2016.

DreamWorks Animation SKG, Inc. (DreamWorks Animation) creates and exploits branded family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products. The Company operates in four segments: Feature Films, Television Series and Specials, Consumer Products and New Media. Feature Films segment consists of the development, production and exploitation of feature films in the theatrical television home entertainment and digital markets. Television Series and Specials segment consist of the development production and exploitation of television direct-to-video and other nontheatrical content in the television home entertainment and digital markets. Consumer Products segment consists of the Companys merchandising and licensing activities. New Media segment consists of ATV and related businesses. Operating segments that are not separately reportable are categorized in all other.

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