Large Outflow of Money Witnessed in ProLogis

ProLogis (PLD): The stock had negative money flow to the tune of ($6.62 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $17.02 million, whereas, the outflow of money on downticks was $23.64 million and the ratio between the two was 0.72. The block trade had a negative net money flow of ($3.02 million). The total block trade value undertaken on upticks was $0.52 million. On the other hand, downticks amounted to $3.54 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.15. ProLogis (PLD) closed with marginal gains of 6 cents to end the day at $49.97, an increase of 0.12% over the previous days close. The stock recorded 0.85% for the week.


The company Insiders own 1.29% of ProLogis shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.33% . Institutional Investors own 99.11% of ProLogis shares. During last six month period, the net percent change held by insiders has seen a change of -13.61%. In an insider trading activity,The officer (Chief Legal Off./Gen. Counsel) of Prologis, Inc., Nekritz Edward S sold 5,675 shares at $50.2 on June 17, 2016. The Insider selling transaction had a total value worth of $284,885. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Prologis, Inc. rose by 1.11% in the last five trading days and 0.34% for the last 4 weeks. Prologis, Inc. is up 14.9% in the last 3-month period. Year-to-Date the stock performance stands at 18.89%.

ProLogis (NYSE:PLD): stock turned positive on Tuesday. Though the stock opened at $49.83, the bulls momentum made the stock top out at $50.09 level for the day. The stock recorded a low of $49.57 and closed the trading day at $50.09, in the green by 0.36%. The total traded volume for the day was 4,402,215. The stock had closed at $49.91 in the previous days trading.

Prologis, Inc. is engaged in industrial logistics real estate, focused on markets across the Americas, Europe and Asia. The Company leases modern distribution facilities to more than 4,700 customers, including third-party logistics providers, transportation companies, retailers and manufacturers. The Companys business consists of two operating segments: Real Estate Operations and Strategic Capital. The Companys customer base represents a spectrum of international, national, regional and local distribution users. As of December 31, 2014, the Company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 590 million square feet (55 million square meters) in 21 countries.

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