Shares of Time Warner (TWX) Sees Large Inflow of Net Money Flow

Time Warner (TWX) : Investors lapped up stocks on upticks to the tune of $61.16 million in the Tuesdays trading session. The trading value on downticks was comparatively at $46.55 million and the uptick to downtick ratio of 1.31 indicates continuous buying by the bulls. The net money flow into the stock was $14.61 million. The block trades were dominated by the bulls with a healthy 2.6, uptick to downtick ratio. Only $7.78 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $20.21 clearly indicating buying by large investors. The total money flow for block trades stood at $12.43 million, which is a positive for the stock in the long-term. Time Warner (TWX) fell $0.12 during the day at $78.26, a drop of -0.15% over the previous days close. However, for the week, the stock is 0.38%, compared to the previous week.


The company Insiders own 0.79% of Time Warner shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -44.15% . Institutional Investors own 83.3% of Time Warner shares. During last six month period, the net percent change held by insiders has seen a change of -40.78%. In an insider trading activity, Novack Kenneth J, director of Time Warner Inc., unloaded 8,400 shares at an average price of $74.61 on June 9, 2016. The total amount of the transaction was worth $626,724, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Time Warner Inc. rose by 5.97% in the last five trading days and 6.29% for the last 4 weeks. Time Warner Inc. is up 6.67% in the last 3-month period. Year-to-Date the stock performance stands at 22.41%.

Time Warner (NYSE:TWX): On Tuesdays trading session , Opening price of the stock was $78.45 with an intraday high of $78.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $77.83. However, the stock managed to close at $78.26, a loss of 0.15% for the day. On the previous day, the stock had closed at $78.38. The total traded volume of the day was 3,777,144 shares.

Time Warner Inc. (Time Warner) is a media and entertainment company. The Company operates in three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television services, and international premium pay and basic tier television services, and Warner Bros., which consists of television, feature film, home video and videogame production and distribution of digital and physical home entertainment products. Turner operates over 165 channels globally. In the United States, its networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN and HLN. Outside the United States, Turners portfolio of brands and digital businesses reaches consumers in over 200 countries.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.