Large Outflow of Money Witnessed in Whole Foods Market

Whole Foods Market (WFM) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.4 million) and the uptick to downtick ratio was 0.7. The transaction value on upticks was $3.2 million and on downticks, the transaction value was $4.6 million. The transaction value of block trades during downticks was $1.03 million. The money flow was negative ($1.03 million), indicating the traders were booking profit on the price strength. Whole Foods Market (WFM) rose $0.05 at $33.22, during intraday Friday , a rise of 0.14% over the previous days close.


Whole Foods Market (WFM) : 14 investment research analysts covering Whole Foods Market (WFM) have an average price target of $30.86 for the near short term. The highest target price given by the Brokerage Firm to the stock is $38 and the lowest target is $23 for the short term. Analysts expect the variance to be within $4.38 of the average price.

Whole Foods Market (NASDAQ:WFM): stock turned positive on Friday. Though the stock opened at $33.16, the bulls momentum made the stock top out at $33.79 level for the day. The stock recorded a low of $33.11 and closed the trading day at $33.72, in the green by 1.66%. The total traded volume for the day was 5,022,904. The stock had closed at $33.17 in the previous days trading.

In a related news,The director of Whole Foods Market Inc, Siegel Morris J sold 6,190 shares at $32.32 on May 25, 2016. The Insider selling transaction had a total value worth of $200,061. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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