Shares of V.F. Corporation (VFC) Sees Large Inflow of Net Money Flow

V.F. Corporation (VFC) : Investors lapped up stocks on upticks to the tune of $78.58 million in the Fridays trading session. The trading value on downticks was comparatively at $49.05 million and the uptick to downtick ratio of 1.6 indicates continuous buying by the bulls. The net money flow into the stock was $29.53 million. The block trades were dominated by the bulls with a healthy 7.15, uptick to downtick ratio. Only $5 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $35.74 clearly indicating buying by large investors. The total money flow for block trades stood at $30.74 million, which is a positive for the stock in the long-term. V.F. Corporation (VFC) fell $0.8 during the day at $62.37, a drop of -1.27% over the previous days close. However, for the week, the stock is -2.59%, compared to the previous week.


V.F. Corporation (VFC) : The highest short term price target forecast on V.F. Corporation (VFC) is $82 and the lowest target price is $53. A total of 16 equity analysts are currently covering the company. The average price of all the analysts is $69.47 with a standard deviation of $8.09.

V.F. Corporation (NYSE:VFC): On Fridays trading session , Opening price of the stock was $63.29 with an intraday high of $63.9. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $61.175. However, the stock managed to close at $62.37, a loss of 1.27% for the day. On the previous day, the stock had closed at $63.17. The total traded volume of the day was 4,887,940 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (Chairman & CEO) of V F Corp, Wiseman Eric C had sold 99,666 shares worth of $6,555,033 in a transaction dated March 7, 2016. In this transaction, 99,666 shares were sold at $65.77 per share.

V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and accessories. The Company operates through five coalitions: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories. The Companys brands primarily include The North Face, Vans, Timberland, Wrangler, Lee and Nautica. The Companys products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The Companys brands sell products in international markets through licensees, distributors and independently-operated partnership stores.

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