Large Inflow of Money Detected in Fidelity National Financial

Fidelity National Financial (FNF) : On Tuesday, The money flowed into the Fidelity National Financial (FNF) stock with an uptick to downtick ratio was recorded at 1.53. Transactions worth $5.97 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $3.91 million. The total money flow into the stock was $2.06 million. The block trades reveal a bullish bias with an up-down ratio of 2.2. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $4.71 million of block transactions on upticks. The value of block trades on downticks was $2.14 million, indicating lower selling interest. The total money flow in block trades was $2.57 million. In terms of price action, Fidelity National Financial (FNF) traded down $0.38 during the session at $37.31. Compared to the previous days closing, the stock was down only by -1.01%. For the week, the stock is 0.03%, over previous weeks closing.


Also, Brokerage firm Keefe Bruyette & Woods downgrades its rating on Fidelity National Financial (NYSE:FNF). As per the latest information, the brokerage house raises the price target to $39 per share from a prior target of $38. The shares have been rated Market Perform. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 18, 2016.

Shares of Fidelity National Financial, Inc. appreciated by 1.3% during the last five trading days but lost 0.77% on a 4-week basis. Fidelity National Financial, Inc. is up 8.27% in the last 3-month period. Year-to-Date the stock performance stands at 9.34%.

Fidelity National Financial (NYSE:FNF): The stock opened at $37.69 on Tuesday but the bulls could not build on the opening and the stock topped out at $37.93 for the day. The stock traded down to $37.20 during the day, due to lack of any buying support eventually closed down at $37.43 with a loss of -0.69% for the day. The stock had closed at $37.69 on the previous day. The total traded volume was 1,001,544 shares.

In a related news, The director, of Fidelity National Financial, Inc., Lane Daniel D had unloaded 13,380 shares at $36.92 per share in a transaction on August 15, 2016. The total value of transaction was $493,990. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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