On a relative basis, the stock has outperformed the S&P 500 by 0.52% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.32% in the last 1 week, and is up 4.91% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.21% and the 50-Day Moving Average is 1.21%.
Flowers Foods (NYSE:FLO): The stock was completely flat for the day, closing at $18.79 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $18.79, the stock touched an intraday high of $18.85 and a low of $18.74. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $18.79. The total trading volume on Friday was 1,295,780.
The company Insiders own 16.87% of Flowers Foods shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.49% . Institutional Investors own 64.89% of Flowers Foods shares. During last six month period, the net percent change held by insiders has seen a change of -0.6%. In a related news,The Officer (Svp/Chiefmanufacturingofficer) of FLOWERS FOODS INC, Benton Robert L Jr sold 12,065 shares at $18.47 on June 29, 2016. The Insider selling transaction had a total value worth of $222,841. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Flowers Foods, Inc. (Flowers) is a producer and marketer of a line of bakery products on a national and super-regional basis. The Company operates in two segments: a direct-store-delivery segment (DSD Segment) and a warehouse delivery segment (Warehouse Segment). The DSD Segment operates 38 bakeries that market a variety of fresh bakery foods, including breads, buns, rolls, tortillas and snack cakes. The Warehouse Segment produces frozen bread and rolls, and snack products. It operates eight bakeries that produce snack cakes, breads and rolls for national retail, foodservice, vending, and co-pack customers, which are delivered through customers warehouse channels and one bakery mix plant. The company operates 46 bakeries, of which 44 are owned and two are leased, and one mix plant.