Shares of LendingTree (TREE) Sees Large Inflow of Net Money Flow

LendingTree (TREE): $1.61 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 2.19. The value of trades done on upticks was $2.97 million, whereas, trades done on downticks were valued at $1.36 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.1 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.1 million. LendingTree (TREE) fell $0.01 traded at $96.36, a change of -0.01% over the previous day. The stock is 0.63% for the week.


The company Insiders own 23.4% of LendingTree shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 0.2% . Institutional Investors own 80.31% of LendingTree shares. During last six month period, the net percent change held by insiders has seen a change of -0.53%. In an insider trading activity,The officer (Chief Operating Officer) of Lendingtree, Inc., Patel Nikul sold 2,500 shares at $88.17 on June 7, 2016. The Insider selling transaction had a total value worth of $220,425. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of LendingTree, Inc. rose by 4.39% in the last five trading days and 12.1% for the last 4 weeks. LendingTree, Inc. is up 2.44% in the last 3-month period. Year-to-Date the stock performance stands at 7.69%.

LendingTree (NASDAQ:TREE): On Tuesdays trading session , Opening price of the stock was $96.95 with an intraday high of $98.87. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $96.06. However, the stock managed to close at $96.15, a loss of 0.23% for the day. On the previous day, the stock had closed at $96.37. The total traded volume of the day was 399,894 shares.

LendingTree, Inc. (LendingTree), formerly, Inc. is engaged in operating an online loan marketplace for consumers an array of loan types and other credit-based offerings. The Company offers consumers tools and resources, including free credit scores, which help them to comparison-shop for mortgage loans, home equity loans and lines of credit, reverse mortgages, personal loans, auto loans, student loans, credit cards, small business loans and other related offerings. And, upon submitting their relevant information to the Company through an inquiry form, it seeks to match in-market consumers with multiple lenders on its marketplace. The Company operates in four segments: lending, auto, education and home services. It provides information and tools, including free credit scores located on its various Websites. In addition, the Company provides consumers with access to offers from multiple lenders.

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