Large Inflow of Money Detected in MetLife

MetLife (MET) : Mondays money flow data in MetLife (MET) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $73.65 million, whereas, $40.41 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.82, in favor of the bulls. The total money flow into the stock was $33.23 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $29.47 million. The total value of block trades done on upticks was $31.14 million. The value of bearish trades on downticks was only $1.68 million.The up/down ratio in the block trades was a healthy 18.58 in favor of the bulls, suggesting strong buying in the stock by large traders. MetLife (MET) fell $0.39 and traded at $39.76, down -0.97% for the day, over previous days close. On a weekly basis, the shares are -3.35% over the previous weeks close.


MetLife, Inc. has lost 2.97% in the last five trading days and dropped 4.71% in the last 4 weeks. MetLife, Inc. has dropped 6.45% during the last 3-month period . Year-to-Date the stock performance stands at -14.26%.

MetLife (NYSE:MET): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.09 and $40.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.23, notching a gain of 1.18% for the day. The total traded volume was 6,326,606 . The stock had closed at $39.76 on the previous day.

In a related news,The officer (EVP, Global Employee Benefits) of Metlife Inc, Morris Maria R sold 2,000 shares at $42.96 on August 2, 2016. The Insider selling transaction had a total value worth of $85,920. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.

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