Shares of Ross Stores (ROST) Sees Large Inflow of Net Money Flow

Ross Stores (ROST) : On Tuesday, The money flowed into the Ross Stores (ROST) stock with an uptick to downtick ratio was recorded at 1.9. Transactions worth $5.72 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $3.02 million. The total money flow into the stock was $2.71 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $2.86 million of block transactions on upticks. The total money flow in block trades was $2.86 million. In terms of price action, Ross Stores (ROST) traded down $0.29 during the session at $57.77. Compared to the previous days closing, the stock was down only by -0.5%. For the week, the stock is -0.72%, over previous weeks closing.


The company Insiders own 2.4% of Ross Stores shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -55.96% . Institutional Investors own 89.35% of Ross Stores shares. During last six month period, the net percent change held by insiders has seen a change of -20.75%. In an insider trading activity,The director officer (Chairman, Executive) of Ross Stores Inc, Balmuth Michael sold 194,984 shares at $53.44 on May 31, 2016. The Insider selling transaction had a total value worth of $10,419,945. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Ross Stores Inc. rose by 2.73% in the last five trading days and 7.96% for the last 4 weeks. Ross Stores Inc. is up 2.9% in the last 3-month period. Year-to-Date the stock performance stands at 8.13%.

Ross Stores (NASDAQ:ROST): On Tuesdays trading session , Opening price of the stock was $58.23 with an intraday high of $58.355. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $57.6. However, the stock managed to close at $57.9, a loss of 0.28% for the day. On the previous day, the stock had closed at $58.06. The total traded volume of the day was 3,134,095 shares.

Ross Stores, Inc. is an off-price retailer of name brand and designer apparel, accessories, footwear, and home fashions for the entire family. The Company operates two brands of off-price retail apparel and home fashion stores, Ross Dress for Less (Ross) and dds DISCOUNTS. As of December 31, 2014, the Company operated 1,210 Ross locations in 33 states, the District of Columbia and Guam, and 152 dds DISCOUNTS stores in 15 states. The Ross and dds DISCOUNTS stores are supported by five distribution centers. The Ross brand stores offers its products at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle income households. The dds DISCOUNTS stores offers its products at savings of 20% to 70% off moderate department and discount store regular prices every day. Its target customers typically come from households with moderate incomes.

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