Large Inflow of Money Detected in Walt Disney Company (The)

Walt Disney Company (The) (DIS) stock had a bullish inflow of $101.19 million worth of trades on uptick and an outflow of $93.4 million in downticks on Tuesday. The total uptick to downtick ratio stood at 1.08. The net money flow into the stock was $7.79 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 $11.44 million. An inflow of $12.99 million block trade was recorded on downticks. $24.43 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 1.88 in favor of the bulls. However, Walt Disney Company (The) (DIS) stock traded down $0.04 , and reached $94.84, a drop of -0.04% over the previous day. On a weekly basis, the stock is -0.39%, over the previous weeks close.


Also, Citigroup maintains its rating on Walt Disney Company (The) (NYSE:DIS). The global brokerage major lowers the current price target from $120 per share to $117 per share. Analysts at the Citigroup have a current rating of Buy on the shares. The rating by the firm was issued on August 11, 2016.

The Walt Disney Company has lost 1.16% in the last five trading days and dropped 0.71% in the last 4 weeks. The Walt Disney Company has dropped 3.02% during the last 3-month period . Year-to-Date the stock performance stands at -9.07%.

Walt Disney Company (The) (NYSE:DIS): The stock opened at $94.77 on Tuesday but the bulls could not build on the opening and the stock topped out at $95.29 for the day. The stock traded down to $94.77 during the day, due to lack of any buying support eventually closed down at $94.86 with a loss of -0.01% for the day. The stock had closed at $94.87 on the previous day. The total traded volume was 6,845,046 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Walt Disney Co/, Lagomasino Maria Elena, had purchased 980 shares in a transaction dated on May 12, 2016. The transaction was executed at $101.98 per share with total amount equaling $99,940.

The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences. The Walt Disney Studio brings movies, music and stage plays to consumers throughout the world. Disney Consumer Products (DCP) delivers product experiences across thousands of categories from toys and apparel to books and fine art. Disney Interactive is a creator of interactive entertainment across all current and emerging digital media platforms.

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