Dollar Tree (DLTR) has risen sharply, recording gains of 3.01% in the past 4 weeks. However, the stock has corrected -0.78% in the past 1 week, providing a good buying opportunity on dips. Dollar Tree (DLTR) : During the past 4 weeks, traders have been relatively bearish on Dollar Tree (DLTR), hence the stock is down -1.3% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.24% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.88% and the 50-Day Moving Average is 7.2%.
Dollar Tree (NASDAQ:DLTR): The stock opened at $95.69 on Friday but the bulls could not build on the opening and the stock topped out at $95.69 for the day. The stock traded down to $94.30 during the day, due to lack of any buying support eventually closed down at $94.34 with a loss of -0.69% for the day. The stock had closed at $95.00 on the previous day. The total traded volume was 1,501,211 shares.
The company Insiders own 4.1% of Dollar Tree shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.15% . Institutional Investors own 97.79% of Dollar Tree shares. During last six month period, the net percent change held by insiders has seen a change of -3.53%. In a related news, The Securities and Exchange Commission has divulged that Saunders Thomas A, director of Dollar Tree Inc, had unloaded 5,000 shares at an average price of $95.5 in a transaction dated on July 11, 2016. The total value of the transaction was worth $477,500.
Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic, everyday items with seasonal, closeout and promotional merchandise. As of July 06, 2015, the Company operated more than 13,600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar. Dollar Trees consumable merchandise includes candy and food health and beauty care and everyday consumables, such as paper and chemicals, and in select stores frozen and refrigerated food. The Companys variety merchandise includes toys, durable housewares, gifts, party goods, greeting cards, softlines and other items. Its seasonal goods include Valentines Day, Easter, Halloween and Christmas merchandise.