Shares of Newell Rubbermaid (NYSE:NWL) Sees Large Inflow of Net Money Flow

Newell Rubbermaid (NYSE:NWL) witnessed a selling pressure and the shares last traded with a loss of -1.01 points or -2.06% at $47.95. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $33.55 million with an inflow of $57.54 million in upticks and an outflow of $23.99 million in downticks. Using the data, the up/down ratio is found to be 2.4. The share price has recorded -0.02% on a weekly basis.A block trade of $35.69 million in uptick and $2.68 million in downtick was also observed, resulting in an up/down ratio of 13.32. The net money flow of the block trade stood at a $33.01, signaling heavy buying.


Currently the company Insiders own 0.66% of Newell Rubbermaid shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14% . Institutional Investors own 90.59% of Newell Rubbermaid shares. During last six month period, the net percent change held by insiders has seen a change of -5.57%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Newell Brands Inc, De Sole Domenico, had purchased 4,180 shares in a transaction dated on June 2, 2016. The transaction was executed at $47.79 per share with total amount equaling $199,762.

Newell Rubbermaid (NYSE:NWL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.22 points or 0.46% at $47.73 with 3,772,014 shares getting traded. Post opening the session at $47.72, the shares hit an intraday low of $47.47 and an intraday high of $48.03 and the price was in this range throughout the day. The company has a market cap of $12,801 million and the number of outstanding shares have been calculated to be 268,200,000 shares. The 52-week high of Newell Rubbermaid (NYSE:NWL) is $50.9 and the 52-week low is $33.26.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Barclays reinstates its rating on Newell Rubbermaid (NYSE:NWL). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at Barclays announces a current price target of $57 per share. The rating by the firm was issued on April 25, 2016.

Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmers, Graco, Aprica and Baby Jogger.

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