Stamps.com (STMP) : During the past 4 weeks, traders have been relatively bearish on Stamps.com (STMP), hence the stock is down -19.6% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -14.69% relative to the S&P 500. The 4-week change in the price of the stock is -16.08% and the stock has fallen -13.42% in the past 1 week. The stock has recorded a 20-day Moving Average of 12.71% and the 50-Day Moving Average is 13.41%.
Stamps.com (NASDAQ:STMP): The stock opened at $74.85 on Friday but the bulls could not build on the opening and the stock topped out at $75.17 for the day. The stock traded down to $71.77 during the day, due to lack of any buying support eventually closed down at $74.72 with a loss of -0.11% for the day. The stock had closed at $74.80 on the previous day. The total traded volume was 2,409,564 shares.
The company Insiders own 12.49% of Stamps.com shares according to the proxy statements. Institutional Investors own 92.98% of Stamps.com shares. During last six month period, the net percent change held by insiders has seen a change of -5.76%. In a related news, The Securities and Exchange Commission has divulged that Bortnak James, Officer (Co-President And Corp & Busdev) of STAMPS.COM INC, had unloaded 5,000 shares at an average price of $86.3 in a transaction dated on June 24, 2016. The total value of the transaction was worth $431,500.
Stamps.com Inc. is a provider of Internet-based mailing and shipping solutions. Under the Stamps.com branded solutions, the Companys customers use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others. Its customers include individuals, small businesses, home offices, medium-size businesses and large enterprises, and within these segments, the Company targets both mailers and shippers. In addition, the Company offers multi-carrier shipping solutions under the brand names ShipStation and ShipWorks. The Companys products and services include Mailing and Shipping Business and PhotoStamps.