Janus Capital Group Inc (JNS) has been under a strong bear grip, hence the stock is down -1.96% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.69% 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 6.26% in the last 1 week, and is up 2.33% 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 5.39% and the 50-Day Moving Average is 3.42%.
Janus Capital Group Inc (NYSE:JNS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.88 and $14.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.94, notching a gain of 1.08% for the day. The total traded volume was 1,839,258 . The stock had closed at $14.78 on the previous day.
The company Insiders own 2.08% of Janus Capital Group Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13% . Institutional Investors own 94.1% of Janus Capital Group Inc shares. During last six month period, the net percent change held by insiders has seen a change of -40.87%. In a related news,The officer (EVP, Chief Financial Officer) of Janus Capital Group Inc, Mcpeek Jennifer J sold 5,000 shares at $14.52 on June 15, 2016. The Insider selling transaction had a total value worth of $72,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Janus Capital Group Inc. provides investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, other pooled investment vehicles, separate accounts and subadvised relationships (collectively referred to as investment products) in both domestic and international markets. The Company provides investment management solutions across a range of disciplines, including fundamental United States and global equities (growth and value), mathematical equities, fixed income and alternatives through its subsidiaries, Janus Capital Management LLC (Janus), VelocityShares, LLC, INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins).