Shares of Boston Private Financial Holdings (BPFH) Sees Large Outflow of Money

Boston Private Financial Holdings (BPFH): The stock had negative money flow to the tune of ($0.82 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $0.09 million, whereas, the outflow of money on downticks was $0.92 million and the ratio between the two was 0.1. The block trade had a negative net money flow of ($0.82 million). On the other hand, downticks amounted to $0.82 million of the traded value, which shows distribution in the stock by traders. Boston Private Financial Holdings (BPFH) closed with marginal gains of 2 cents to end the day at $12.85, an increase of 0.16% over the previous days close. The stock recorded 1.42% for the week.

Boston

Shares of Boston Private Financial Holdings, Inc. rose by 2.32% in the last five trading days and 6.76% for the last 4 weeks. Boston Private Financial Holdings, Inc. is up 2.28% in the last 3-month period. Year-to-Date the stock performance stands at 16.03%.

Boston Private Financial Holdings (NASDAQ:BPFH): The stock opened at $12.83 on Tuesday but the bulls could not build on the opening and the stock topped out at $12.98 for the day. The stock traded down to $12.79 during the day, due to lack of any buying support eventually closed down at $12.81 with a loss of -0.16% for the day. The stock had closed at $12.83 on the previous day. The total traded volume was 759,006 shares.

In a related news, Griffin Corey, CEO of Boston Private Financial Holdings Inc, had purchased 5,000 shares on August 4, 2016. The total value of the transaction was $60,200. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Boston Private Financial Holdings, Inc. is the bank holding company of Boston Private Bank & Trust Company. It is a wealth management company that offers a range of wealth management services to high net worth individuals, families, businesses, and select institutions. The Company conducts its business through its four segments: Private Banking, Wealth Management and Trust, Investment Management and Wealth Advisory. The Private Banking segment is engaged in providing private banking services to high net worth individuals, privately owned businesses, private partnerships, and nonprofit organizations. The Wealth Management and Trust segment provides wealth management solutions for high net worth individuals and families. The Investment Managers specialize in equity portfolios with products across the capitalization spectrum. The Wealth Advisory segment provides planning-based financial strategies to high net worth individuals and their families and non-profit institutions.

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