Shares of Whole Foods Market (NASDAQ:WFM) Sees Large Outflow of Money

Whole Foods Market (NASDAQ:WFM) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($3.06 million) and the uptick to downtick ratio was 0.43. The transaction value on upticks was $2.27 million and on downticks, the transaction value was $5.33 million. In block trades, the transaction value of inflow done during uptick was $1.48 million. The transaction value of block trades during downticks was $3.97 million. The uptick to downtick block trade ratio was 0.37. The money flow was negative ($2.5 million), indicating the traders were booking profit on the price strength. Whole Foods Market (NASDAQ:WFM) rose $0.1 at $31.29, during intraday Wednesday , a rise of 0.3% over the previous days close.


In an insider trading activity, The director, of Whole Foods Market Inc, Siegel Morris J had unloaded 6,190 shares at $32.32 per share in a transaction on May 25, 2016. The total value of transaction was $200,061. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.09% of Whole Foods Market shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -32.08% . Institutional Investors own 83.8% of Whole Foods Market shares. During last six month period, the net percent change held by insiders has seen a change of -13.34%.

The company shares have dropped -20.48% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $41.97 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $31.92 and the 200 Day Moving Average price is recorded at $31.43. Whole Foods Market (NASDAQ:WFM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $31.36 and $31.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.43, notching a gain of 0.32% for the day. The total traded volume was 5,505,473 . The stock had closed at $31.33 on the previous day.

Whole Foods Market, Inc. (Whole Foods Market) is a retailer of natural and organic foods and grocer. The Company has one operating segment, natural and organic foods supermarkets. As of September 29, 2013, Whole Foods Market operated 362 stores in the United States, Canada, and the United Kingdom. The Companys offices are supported by its headquarters, regional offices, distribution centers, bakehouse facilities, commissary kitchens, seafood-processing facilities, meat and produce procurement centers, and a specialty coffee and tea procurement and roasting operation. The Companys product selection includes grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, body care, and lifestyle products including books, pet products, and household products. The Companys 365 and 365 Organic Everyday Day Value brands account for approximately half of its brand items.

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