Charter Communications (CHTR) : Tuesdays money flow data in Charter Communications (CHTR) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $48.24 million, whereas, $47.34 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.02, in favor of the bulls. The total money flow into the stock was $0.91 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $4.82 million. The total value of block trades done on upticks was $4.82 million. Charter Communications (CHTR) fell $1.62 and traded at $238.25, down -0.68% for the day, over previous days close. On a weekly basis, the shares are 0.46% over the previous weeks close.
The company Insiders own 1.51% of Charter Communications shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.08% . Institutional Investors own 46.31% of Charter Communications shares. During last six month period, the net percent change held by insiders has seen a change of -11.85%. In an insider trading activity,The officer (EVP/Chief Marketing Officer) of Charter Communications, Inc. /Mo/, Hargis Jonathan sold 6,350 shares at $215.04 on May 2, 2016. The Insider selling transaction had a total value worth of $1,365,504. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Shares of Charter Communications, Inc. rose by 2.88% in the last five trading days and 6.67% for the last 4 weeks. Charter Communications, Inc. is up 19.08% in the last 3-month period. Year-to-Date the stock performance stands at 30.23%.
Charter Communications (NASDAQ:CHTR): On Tuesdays trading session , Opening price of the stock was $239.52 with an intraday high of $241.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $237.79. However, the stock managed to close at $238.45, a loss of 0.59% for the day. On the previous day, the stock had closed at $239.87. The total traded volume of the day was 1,532,742 shares.
Charter Communications, Inc. (Charter) is a provider of cable services in the United States, offering a variety of entertainment, information and communications solutions to residential and commercial customers. The Company sells its video, Internet and voice services primarily on a subscription basis, often in a bundle of two or more services. The Company provides broadband communications solutions to business and carrier organizations, such as video entertainment services, Internet access, business telephone services, data networking and fiber connectivity to cellular towers and office buildings. Through its hybrid fiber and coaxial cable network, the Company offers its customers traditional cable video services, as well as advanced video services, Internet services and voice services. The Companys voice services are primarily provided using voice over Internet protocol (VoIP) technology, to transmit digital voice signals over the Companys systems.