Shares of Prudential Financial (NYSE:PRU) Sees Large Inflow of Net Money Flow

Prudential Financial (NYSE:PRU) witnessed a selling pressure and the shares last traded with a loss of -0.02 points or -0.03% at $71.72. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $16.48 million with an inflow of $31.99 million in upticks and an outflow of $15.51 million in downticks. Using the data, the up/down ratio is found to be 2.06. The share price has recorded -2.47% on a weekly basis.A block trade of $18.08 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $18.08, signaling heavy buying.

Prudential Financial, Inc. has lost 1.84% in the last five trading days and dropped 7.81% in the last 4 weeks. Prudential Financial, Inc. has dropped 2.8% during the last 3-month period . Year-to-Date the stock performance stands at -9.56%.

Currently the company Insiders own 1.2% of Prudential Financial shares according to the proxy statements. Institutional Investors own 63.57% of Prudential Financial shares. During last six month period, the net percent change held by insiders has seen a change of 160.87%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Prudential Financial Inc, Scovanner Douglas A, had purchased 7,400 shares in a transaction dated on February 16, 2016. The transaction was executed at $62.56 per share with total amount equaling $462,944.

Prudential Financial (NYSE:PRU) rose 0.63% or 0.45 points on Friday and made its way into the gainers of the day. After trading began at $71.76 the stock was seen hitting $72.47 as a peak level and $71.48 as the lowest level. The stock ended up at $72.19. The daily volume was measured at 3,344,177 shares. The 52-week high of the share price is $92.599 and the 52-week low is $57.19. The company has a market cap of $31,908 million.

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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