Shares of Anthem (ANTM) Sees Large Inflow of Net Money Flow

Anthem (ANTM) : $53.44 million worth of transactions were on upticks in Anthem (ANTM), compared to $41.55 million on downticks. The ratio between the two was 1.29, whereas, the net money flow stood at a healthy $11.89 million on Tuesdays session.The block trades show a bullish bias with only $4.72 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $16.82million worth of trades. The up-down ratio between the uptick and downtick was 3.57, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $12.11 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.45%. The stock was trading at $131.56, with a drop of $0.59 over the previous days close. The stock recorded -0.08% for the week.


The company Insiders own 0.37% of Anthem shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.31% . Institutional Investors own 89.05% of Anthem shares. During last six month period, the net percent change held by insiders has seen a change of -31.87%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP & Chief Administrative Off) of Anthem, Inc., Mccarthy Gloria M had sold 4,786 shares worth of $628,498 in a transaction dated July 1, 2016. In this transaction, 4,786 shares were sold at $131.32 per share.

Shares of Anthem, Inc. rose by 0.79% in the last five trading days and 0.27% for the last 4 weeks. Anthem, Inc. has dropped 7.24% during the last 3-month period . Year-to-Date the stock performance stands at -4.49%.

Anthem (NYSE:ANTM): stock turned positive on Tuesday. Though the stock opened at $132.06, the bulls momentum made the stock top out at $132.45 level for the day. The stock recorded a low of $131.41 and closed the trading day at $131.88, in the green by 0.24%. The total traded volume for the day was 1,083,796. The stock had closed at $131.56 in the previous days trading.

Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.

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