Shares of Home Depot (The) (HD) Sees Large Inflow of Net Money Flow

Home Depot (The) (HD) : On Friday, The money flowed into the Home Depot (The) (HD) stock with an uptick to downtick ratio was recorded at 1.21. Transactions worth $27.77 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $22.98 million. The total money flow into the stock was $4.79 million. The block trades reveal a bullish bias with an up-down ratio of 2.47. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $10.11 million of block transactions on upticks. The value of block trades on downticks was $4.09 million, indicating lower selling interest. The total money flow in block trades was $6.02 million. In terms of price action, Home Depot (The) (HD) traded down $0.1 during the session at $135.97. Compared to the previous days closing, the stock was down only by -0.07%. For the week, the stock is 0.88%, over previous weeks closing.


Home Depot (The) (HD) : Currently there are 15 street experts covering Home Depot (The) (HD) stock. The most bullish and bearish price target for the stock is $158 and $106 respectively for the short term. The average price target of all the analysts comes to $144.33. The estimated standard deviation from the target is $13.37.

Home Depot (The) (NYSE:HD): stock turned positive on Friday. Though the stock opened at $136.41, the bulls momentum made the stock top out at $136.64 level for the day. The stock recorded a low of $135.96 and closed the trading day at $136.52, in the green by 0.33%. The total traded volume for the day was 2,627,239. The stock had closed at $136.07 in the previous days trading.

In a related news, Hewett Wayne M., director of Home Depot Inc had purchased 350 shares on May 31, 2016 in a transaction. The price per share was $132.53 and the total amount of the disclosed transaction was $46,386.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.

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