Large Inflow of Money Detected in Prudential Financial

Prudential Financial (PRU) : On Monday, The money flowed into the Prudential Financial (PRU) stock with an uptick to downtick ratio was recorded at 1.49. Transactions worth $48.24 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $32.44 million. The total money flow into the stock was $15.8 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $13.22 million of block transactions on upticks. The total money flow in block trades was $13.22 million. In terms of price action, Prudential Financial (PRU) traded down $0.99 during the session at $75.52. Compared to the previous days closing, the stock was down only by -1.29%. For the week, the stock is -0.67%, over previous weeks closing.


Prudential Financial, Inc. has dropped 0.76% in the last five trading days, however, the shares have posted positive gains of 2.13% in the last 4 weeks. Prudential Financial, Inc. is up 1.92% in the last 3-month period. Year-to-Date the stock performance stands at -3.9%.

Prudential Financial (NYSE:PRU): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $76.33 and $76.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $76.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $76.71, notching a gain of 1.58% for the day. The total traded volume was 1,945,540 . The stock had closed at $75.52 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Falzon Robert, officer (EVP and CFO) of Prudential Financial Inc, had unloaded 33,820 shares at an average price of $77.13 in a transaction dated on August 8, 2016. The total value of the transaction was worth $2,608,537.

Prudential Financial, Inc. is a financial services company. The Company, through its subsidiaries and affiliates, provides a arrange of financial products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. The Company has organized its principal operations into the Financial Services Businesses and the Closed Block Business. The Financial Services Businesses consists of three divisions, containing six segments, and the Companys corporate operations. The Financial Services Businesses operate through three operating divisions: U.S. Retirement Solutions and Investment Management, U.S. Individual Life and Group Insurance, and International Insurance. The Companys investment portfolio consists of public and private fixed maturity securities, commercial mortgage and other loans, equity securities and other invested assets.

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