Large Outflow of Money Witnessed in Goldman Sachs Group (The)

Goldman Sachs Group (The) (GS) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($40.25 million) and the uptick to downtick ratio was 0.8. The transaction value on upticks was $165.91 million and on downticks, the transaction value was $206.17 million. In block trades, the transaction value of inflow done during uptick was $6.2 million. The transaction value of block trades during downticks was $48.22 million. The uptick to downtick block trade ratio was 0.13. The money flow was negative ($42.02 million), indicating the traders were booking profit on the price strength. Goldman Sachs Group (The) (GS) rose $4.73 at $156.92, during intraday Tuesday , a rise of 3.11% over the previous days close.


The company Insiders own 2.61% of Goldman Sachs Group (The) shares according to the proxy statements. Institutional Investors own 75.43% of Goldman Sachs Group (The) shares. In an insider trading activity,The (Principal Accounting Officer) of Goldman Sachs Group Inc, Smith Sarah G sold 2,664 shares at $162 on April 20, 2016. The Insider selling transaction had a total value worth of $431,568. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of The Goldman Sachs Group, Inc. rose by 8.63% in the last five trading days and 4.69% for the last 4 weeks. The Goldman Sachs Group, Inc. is up 2.11% in the last 3-month period. Year-to-Date the stock performance stands at -12.2%.

Goldman Sachs Group (The) (NYSE:GS): stock turned positive on Tuesday. Though the stock opened at $154, the bulls momentum made the stock top out at $157.25 level for the day. The stock recorded a low of $153.92 and closed the trading day at $156.92, in the green by 3.11%. The total traded volume for the day was 5,119,409. The stock had closed at $152.19 in the previous days trading.

The Goldman Sachs Group, Inc. is a bank holding company and a financial holding company. The Company is a global investment banking, securities and investment management company that provides a range of financial services to a diversified client base that include corporations, financial institutions, Governments and individuals. The Company has four business segments. The Investment Banking segments services include strategic advisory assignments and debt and equity underwriting of public offerings and private placements. Its Institutional Client Services segment makes markets and facilitates client transactions in fixed income, equity, currency and commodity products. Its investing and lending activities include the Companys investing and relationship lending activities across various asset classes, primarily debt securities and loans, public and private equity securities, and real estate. Its investment management segment provides investment and wealth advisory services.

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