Large Inflow of Money Detected in V.F. Corporation

V.F. Corporation (VFC) stock had a bullish inflow of $4.49 million worth of trades on uptick and an outflow of $2.29 million in downticks on Tuesday. The total uptick to downtick ratio stood at 1.96. The net money flow into the stock was $2.2 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $2.58 million. $2.58 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, V.F. Corporation (VFC) stock traded down $1.17 , and reached $62.87, a drop of -1.83% over the previous day. On a weekly basis, the stock is -1.75%, over the previous weeks close.


Also, Equity Analysts at the Brokerage Firm, Brean Capital, downgrades their rating on the shares of V.F. Corporation (NYSE:VFC). Brean Capital has a Buy rating on the shares. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on July 15, 2016.

V.F. Corporation has dropped 3.99% in the last five trading days, however, the shares have posted positive gains of 0.24% in the last 4 weeks. V.F. Corporation is up 1.13% in the last 3-month period. Year-to-Date the stock performance stands at 1.6%.

V.F. Corporation (NYSE:VFC): The stock opened at $63.51 on Tuesday but the bulls could not build on the opening and the stock topped out at $63.58 for the day. The stock traded down to $62.25 during the day, due to lack of any buying support eventually closed down at $62.52 with a loss of -2.37% for the day. The stock had closed at $64.04 on the previous day. The total traded volume was 2,258,088 shares.

In a related news, The Securities and Exchange Commission has divulged that Wiseman Eric C, (Chairman & CEO) of V F Corp, had unloaded 99,666 shares at an average price of $65.77 in a transaction dated on March 7, 2016. The total value of the transaction was worth $6,555,033.

V.F. Corporation (VF) is engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and accessories. The Company operates through five coalitions: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands. The Company owns a portfolio of brands in the outerwear, footwear, denim, backpack, luggage, accessory, sportswear, occupational and performance apparel categories. The Companys brands primarily include The North Face, Vans, Timberland, Wrangler, Lee and Nautica. The Companys products are marketed to consumers shopping in specialty stores, upscale and traditional department stores, national chains, mass merchants and its own direct-to-consumer operations. Its direct-to-consumer business includes VF-operated stores, concession retail stores and e-commerce sites. The Companys brands sell products in international markets through licensees, distributors and independently-operated partnership stores.

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