Large Outflow of Money Witnessed in Webster Financial Corporation

Webster Financial Corporation (NYSE:WBS) managed to stay afloat and traded higher with an addition of 0.02 point or 0.06% at $35.77. The money flow data is a negative $(-9.75) million with $0.18 million in upticks and $9.93 million in downticks. The intraday up/down ratio came in at 0.02. The shares have seen -5.25% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $9.83, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-9.83) million.

Webster Financial Corp. has lost 6.7% in the last five trading days and dropped 4.37% in the last 4 weeks. Webster Financial Corp. has dropped 3.84% during the last 3-month period . Year-to-Date the stock performance stands at -3.96%.

Currently the company Insiders own 2.59% of Webster Financial Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.31% . Institutional Investors own 91.6% of Webster Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -2.74%. . On the companys insider trading activities, The officer (EVP – Private Banking), of Webster Financial Corp, Fitzpatrick Daniel Manning had unloaded 6,001 shares at $35.31 per share in a transaction on May 4, 2016. The total value of transaction was $211,895. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Webster Financial Corporation (NYSE:WBS) witnessed a decline in the market cap on Friday as its shares dropped 1.48% or 0.53 points. After the session commenced at $35.69, the stock reached the higher end at $35.9 while it hit a low of $34.99. With the volume soaring to 2,365,717 shares, the last trade was called at $35.22. The company has a 52-week high of $41.34. The company has a market cap of $3,228 million and there are 91,661,145 shares in outstanding. The 52-week low of the share price is $30.09.

Webster Financial Corporation (Webster) is a bank and financial holding company. Webster Financial Corporations principal assets include the outstanding capital stock of Webster Bank, National Association (Webster Bank). Webster, through Webster Bank and non-banking financial services subsidiaries, delivers financial services to individuals, families and businesses. Webster Bank provides commercial, small business and consumer banking, mortgage lending, financial planning, and trust and investment services through banking centers, automatic teller machines, telephone banking, mobile banking and online banking through The Company operates in three segments: Commercial Banking, Community Banking and Other. The Community Banking consists of the Personal Banking and Business Banking operations. Commercial Banking provides lending, deposit, and treasury and payment solutions. Other segment activities consist of HSA Bank and the Private Banking operating segments.

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