Shares of Steven Madden Ltd. (NASDAQ:SHOO) Sees Large Inflow of Net Money Flow

Steven Madden Ltd. (NASDAQ:SHOO) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $33.87 with a loss of -0.23 points or -0.67%. The net money flow was $1.06 million and the up/down ratio was 2.05. Approximately $2.06 million was the inflow in upticks and $1.01 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -1.83%.The shares witnessed a block transaction with a net money flow of $1.34 million. The total money in uptick was $1.34 million and in downtick was $0 million with the up/down ratio reaching 0.


Currently the company Insiders own 2.2% of Steven Madden Ltd. shares according to the proxy statements. Institutional Investors own 96.47% of Steven Madden Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -5.01%. On the companys insider trading activities, The director, of Steven Madden, Ltd., Randall Richard P had unloaded 1,000 shares at $38 per share in a transaction on March 18, 2016. The total value of transaction was $38,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Steven Madden Ltd. (NASDAQ:SHOO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.37 points or 1.09% at $33.73 with 672,669 shares getting traded. Post opening the session at $33.79, the shares hit an intraday low of $33.52 and an intraday high of $34.28 and the price was in this range throughout the day. The company has a market cap of $2,086 million and the number of outstanding shares have been calculated to be 61,835,087 shares. The 52-week high of Steven Madden Ltd. (NASDAQ:SHOO) is $44.725 and the 52-week low is $27.8.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Piper Jaffray downgrades the rating on Steven Madden Ltd. (NASDAQ:SHOO). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Overweight. The rating by the firm was issued on April 12, 2016.

Steven Madden, Ltd. designs, sources, markets and sells name brand and private label footwear for women, men and children. It operates under five segments, which include Wholesale Footwear, Wholesale Accessories, Retail, First Cost and Licensing. Its brands include Madden Girl, Steve Madden Mens, Madden, Steven, Stevies and Steve Madden Kids, Betsey Johnson, Superga, FREEBIRD by Steve, Report, Mad Love, Dolce Vita and Brian Atwood. Its products are marketed through its retail stores and e-commerce Websites, as well as department stores, specialty stores, luxury retailers, value priced retailers, national chains, merchants and catalog retailers throughout the United States, Canada, Mexico and South Africa. In addition, it markets its products in Asia, Australia, Europe, India, the Middle East, South and Central America and New Zealand. The Companys subsidiaries include Steven Madden Retail, Inc. and BA Brand Holdings LLC, among others.

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