Large Inflow of Money Detected in Fidelity National Financial

Fidelity National Financial (FNF) : Investors lapped up stocks on upticks to the tune of $10.41 million in the Wednesdays trading session. The trading value on downticks was comparatively at $8.85 million and the uptick to downtick ratio of 1.18 indicates continuous buying by the bulls. The net money flow into the stock was $1.56 million. Upticks saw transactions worth $3.68 clearly indicating buying by large investors. The total money flow for block trades stood at $3.68 million, which is a positive for the stock in the long-term. Fidelity National Financial (FNF) fell $0.02 during the day at $36.82, a drop of -0.04% over the previous days close. However, for the week, the stock is -1.3%, compared to the previous week.


Fidelity National Financial (NYSE:FNF): The stock was completely flat for the day, closing at $36.83 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $36.95, the stock touched an intraday high of $36.97 and a low of $36.78. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $36.83. The total trading volume on Wednesday was 2,929,506.

The stock has recorded a 20-day Moving Average of 1.11% and the 50-Day Moving Average is 4.89%. In a related news, Nolan Michael Joseph, officer (President) of Fidelity National Financial, Inc., unloaded 9,978 shares at an average price of $11.34 on July 6, 2016. The total amount of the transaction was worth $113,151, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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