Shares of Prudential Financial (NYSE:PRU) Sees Large Inflow of Net Money Flow

Prudential Financial (NYSE:PRU) traded negative at $73.12. On an intraday basis, the price dropped -0.42 points or -0.57%. The composite uptick value was $38.02 million while the combined downtick value was $31.17. The net money flow was $6.86 million while the up/down ratio was not very comforting at 1.22. The shares on a weekly note has seen a change in share price of -3.94%.According to the trading data, the shares saw a block trade with $12.78 million in upticks and $3.86 million in downticks. The up/down ratio for the block was calculated to be 3.31. The net money flow for the block trade was 8.92.


Currently the company Insiders own 1.2% of Prudential Financial shares according to the proxy statements. Institutional Investors own 63.57% of Prudential Financial shares. During last six month period, the net percent change held by insiders has seen a change of 160.87%. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Prudential Financial Inc, Scovanner Douglas A had purchased shares worth of $462,944 in a transaction dated on February 16, 2016. A total of 7,400 shares were purchased at a price of $62.56 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Prudential Financial (NYSE:PRU) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.42 points or 0.57% at $73.12 with 2,560,395 shares getting traded. Post opening the session at $73.09, the shares hit an intraday low of $72.73 and an intraday high of $73.94 and the price was in this range throughout the day. The company has a market cap of $32,319 million and the number of outstanding shares have been calculated to be 442,000,000 shares. The 52-week high of Prudential Financial (NYSE:PRU) is $92.599 and the 52-week low is $57.19.

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, FBR Capital maintains its outlook on Prudential Financial (NYSE:PRU). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm raises the price target from $80 per share to $86 per share. The rating by the firm was issued on May 16, 2016.

Prudential Financial, Inc. is a financial services company. The Company, through its subsidiaries and affiliates, provides a arrange of financial products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. The Company has organized its principal operations into the Financial Services Businesses and the Closed Block Business. The Financial Services Businesses consists of three divisions, containing six segments, and the Companys corporate operations. The Financial Services Businesses operate through three operating divisions: U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance. The Companys investment portfolio consists of public and private fixed maturity securities, commercial mortgage and other loans, equity securities and other invested assets.

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