Large Outflow of Money Witnessed in Scripps Networks Interactive Inc

Scripps Networks Interactive Inc (SNI) : The total money flow in Scripps Networks Interactive Inc (SNI) was negative ($6.36 million), showing the domination of sellers in the Tuesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $10.67 million. Transactions on upticks were comparatively lower at $4.32 million. The uptick to downtick ratio was 0.4. The total block trades on downticks were valued at $6.36 million. The money flow during block trades was negative ($6.36 million) when the stock traded with a gain of $68 cent. Scripps Networks Interactive Inc (SNI) was $66.31, an increase of 1.04% over the previous days close.


The company Insiders own 2.3% of Scripps Networks Interactive Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -31.15% . Institutional Investors own 67.3% of Scripps Networks Interactive Inc shares. During last six month period, the net percent change held by insiders has seen a change of -40.6%. In an insider trading activity, The Securities and Exchange Commission has divulged that Hale Mark S, officer (EVP, Global Operations & CTO) of Scripps Networks Interactive, Inc., had unloaded 8,118 shares at an average price of $64.65 in a transaction dated on May 13, 2016. The total value of the transaction was worth $524,829.

Shares of Scripps Networks Interactive, Inc. rose by 7.24% in the last five trading days and 3.52% for the last 4 weeks. Scripps Networks Interactive, Inc. is up 2.64% in the last 3-month period. Year-to-Date the stock performance stands at 20.44%.

Scripps Networks Interactive Inc (NYSE:SNI): stock turned positive on Tuesday. Though the stock opened at $66.06, the bulls momentum made the stock top out at $66.7 level for the day. The stock recorded a low of $65.65 and closed the trading day at $66.21, in the green by 0.88%. The total traded volume for the day was 902,934. The stock had closed at $65.63 in the previous days trading.

Scripps Networks Interactive, Inc. (SNI) is a developer of lifestyle-oriented content for linear and interactive video platforms, including television and the Internet brands. The Company manages its operations through its Lifestyle Media segment. Lifestyle Media includes its six national television networks, HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. HGTV focuses on decorating, interior design, home remodeling, landscape design and real estate topics. Food Network programming content includes food-related topics. Travel Channel is a travel multi-media brand. DIY Network provides entertaining and informational programming content. Cooking Channel programming focuses on food information and instructional cooking. Great American Country offers the country music experience, music performance specials, live concerts and country music videos.

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