Shares of Broadridge Financial Solutions (BR) Sees Large Inflow of Net Money Flow

Broadridge Financial Solutions (BR) : Investors lapped up stocks on upticks to the tune of $7.57 million in the Tuesdays trading session. The trading value on downticks was comparatively at $6.05 million and the uptick to downtick ratio of 1.25 indicates continuous buying by the bulls. The net money flow into the stock was $1.51 million. Upticks saw transactions worth $1.04 clearly indicating buying by large investors. The total money flow for block trades stood at $1.04 million, which is a positive for the stock in the long-term. Broadridge Financial Solutions (BR) fell $0.14 during the day at $66.85, a drop of -0.21% over the previous days close. However, for the week, the stock is 0.35%, compared to the previous week.


The company Insiders own 3.5% of Broadridge Financial Solutions shares according to the proxy statements. Institutional Investors own 86.6% of Broadridge Financial Solutions shares. In an insider trading activity,The officer (Corporate Senior VP) of Broadridge Financial Solutions, Inc., Schifellite Robert sold 016 shares at $56.25 on February 29, 2016. The Insider selling transaction had a total value worth of $900. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Broadridge Financial Solutions, Inc. rose by 2.29% in the last five trading days and 5.89% for the last 4 weeks. Broadridge Financial Solutions, Inc. is up 14.98% in the last 3-month period. Year-to-Date the stock performance stands at 25.89%.

Broadridge Financial Solutions (NYSE:BR): On Tuesdays trading session , Opening price of the stock was $67.42 with an intraday high of $67.69. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $66.79. However, the stock managed to close at $66.97, a loss of 0.03% for the day. On the previous day, the stock had closed at $66.99. The total traded volume of the day was 753,689 shares.

Broadridge Financial Solutions, Inc. (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. The Company delivers a range of solutions that help its clients serve their retail and institutional customers across the entire investment lifecycle, including pre-trade, trade and post-trade processing. It serves a diverse client base across its five businesses: Bank/Broker-Dealer Investor Communication Solutions, Corporate Issuer Solutions, Advisor Solutions, Mutual Fund and Retirement Solutions, and Global Technology and Operations. Its businesses operate in two business segments: Investor Communication Solutions and Global Technology and Operations. Its services include investor communications, securities processing, and data and analytics solutions. It provides an infrastructure that helps the financial services industry operate. It provides financial services firms with integrated systems.

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