Large Inflow of Money Detected in Anthem

Anthem (ANTM): $8.25 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.24. The value of trades done on upticks was $42.98 million, whereas, trades done on downticks were valued at $34.74 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 $10.01 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.67 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 6 was strongly in favor of the bulls. The money flow in block trades was $8.34 million. Anthem (ANTM) fell $0.9 traded at $129.29, a change of -0.69% over the previous day. The stock is 1.12% for the week.


Shares of Anthem, Inc. appreciated by 1.21% during the last five trading days but lost 3.74% on a 4-week basis. Anthem, Inc. has dropped 5.32% during the last 3-month period . Year-to-Date the stock performance stands at -6.37%.

Anthem (NYSE:ANTM): The stock opened at $129.68 on Monday but the bulls could not build on the opening and the stock topped out at $130.12 for the day. The stock traded down to $128.90 during the day, due to lack of any buying support eventually closed down at $129.29 with a loss of -0.69% for the day. The stock had closed at $130.19 on the previous day. The total traded volume was 1,655,390 shares.

In a related news, The Securities and Exchange Commission has divulged that Zielinski Thomas C, officer (EVP & General Counsel) of Anthem, Inc., had unloaded 5,254 shares at an average price of $128.83 in a transaction dated on August 10, 2016. The total value of the transaction was worth $676,873.

Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.

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