Large Inflow of Money Detected in Kellogg Company

Kellogg Company (K) : Mondays money flow data in Kellogg Company (K) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $28.07 million, whereas, $21.7 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.29, in favor of the bulls. The total money flow into the stock was $6.37 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $6.67 million. The total value of block trades done on upticks was $8.4 million. The value of bearish trades on downticks was only $1.73 million.The up/down ratio in the block trades was a healthy 4.85 in favor of the bulls, suggesting strong buying in the stock by large traders. Kellogg Company (K) fell $0.14 and traded at $83.39, down -0.17% for the day, over previous days close. On a weekly basis, the shares are 0.82% over the previous weeks close.


Shares of Kellogg Company appreciated by 0.57% during the last five trading days but lost 3.02% on a 4-week basis. Kellogg Company is up 8.7% in the last 3-month period. Year-to-Date the stock performance stands at 16.94%.

Kellogg Company (NYSE:K): The stock opened at $83.38 on Monday but the bulls could not build on the opening and the stock topped out at $83.83 for the day. The stock traded down to $83.18 during the day, due to lack of any buying support eventually closed down at $83.39 with a loss of -0.17% for the day. The stock had closed at $83.53 on the previous day. The total traded volume was 1,466,496 shares.

In a related news,The officer (Senior Vice President) of Kellogg Co, Norman Paul T sold 95,875 shares at $82.63 on August 8, 2016. The Insider selling transaction had a total value worth of $7,922,151. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Companys principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. The Companys cereal products are generally marketed under the Kelloggs name and are sold to the grocery trade through direct sales forces for resale to consumers. The Company also markets cookies, crackers, crisps and other convenience foods, under brands, such as Kelloggs, Keebler, Cheez-It, Murray, Austin and Famous Amos, to supermarkets in the United States through a direct store-door (DSD) delivery system, although other distribution methods are also used. The Company uses broker and distributor arrangements for certain products. It also uses similar arrangements, in less-developed market areas or in those market areas outside of its focus.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.