Voya Financial (VOYA) has been under a strong bear grip, hence the stock is down -15.64% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.86% in the past 1 week. The stock has risen by 4.39% in the past week indicating that the buyers are active at lower levels, but the stock is down -11.95% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 2.06% and the 50-Day Moving Average is 13.3%.
Voya Financial (NYSE:VOYA): The stock opened at $25.14 on Friday but the bulls could not build on the opening and the stock topped out at $25.45 for the day. The stock traded down to $25.02 during the day, due to lack of any buying support eventually closed down at $25.19 with a loss of -0.43% for the day. The stock had closed at $25.30 on the previous day. The total traded volume was 2,372,106 shares.
The company Insiders own 0.17% of Voya Financial shares according to the proxy statements. Institutional Investors own 96.7% of Voya Financial shares. In a related news, Becker Jeffrey T, officer (See Remarks) of Voya Financial, Inc., unloaded 3,625 shares at an average price of $30.11 on March 29, 2016. The total amount of the transaction was worth $109,149, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Voya Financial, Inc. is a retirement, investment and insurance company. The Company provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products, guaranteed investment contracts and funding agreements. The Company provides its principal products and services in three ongoing businesses: Retirement Solutions, Investment Management and Insurance Solutions. Retirement Solutions operates institutional retirement plans business and retail wealth management business. Investment Management segment offers fixed income, equity, multi-asset and alternatives products and solutions. Insurance Solutions segment offers insurance and employee benefit plans.