Shares of Verizon Communications (VZ) Sees Large Inflow of Net Money Flow

Verizon Communications (VZ): $55.14 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 1.47. The value of trades done on upticks was $171.66 million, whereas, trades done on downticks were valued at $116.51 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 $70.17 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $13.3 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 5.28 was strongly in favor of the bulls. The money flow in block trades was $56.87 million. Verizon Communications (VZ) fell $0.46 traded at $55.47, a change of -0.82% over the previous day. The stock is -0.77% for the week.


The company Insiders own 0.1% of Verizon Communications shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.52% . Institutional Investors own 64.58% of Verizon Communications shares. During last six month period, the net percent change held by insiders has seen a change of -22.06%. In an insider trading activity,The Officer (Evp Of Pubpolicy & Gen Counsel) of VERIZON COMMUNICATIONS INC, Silliman Craig L. sold 672 shares at $54.56 on June 24, 2016. The Insider selling transaction had a total value worth of $36,664. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Verizon Communications Inc. has dropped 0.88% in the last five trading days, however, the shares have posted positive gains of 6.38% in the last 4 weeks. Verizon Communications Inc. is up 7.85% in the last 3-month period. Year-to-Date the stock performance stands at 24.01%.

Verizon Communications (NYSE:VZ): On Tuesdays trading session , Opening price of the stock was $55.75 with an intraday high of $55.96. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $55.37. However, the stock managed to close at $55.47, a loss of 0.82% for the day. On the previous day, the stock had closed at $55.93. The total traded volume of the day was 14,897,591 shares.

Verizon Communications Inc. (Verizon) is a holding company that, acting through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment includes the Cellco Partnership doing business as Verizon Wireless. Wireless communications products and services include wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the United States. Wirelines voice, data and video communications products and services include broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. Verizon provides these products and services to consumers in the United States, as well as to carriers, businesses and government customers both in the United States and around the world.

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