Large Inflow of Money Detected in Bed Bath & Beyond

Bed Bath & Beyond (BBBY) : Bed Bath & Beyond (BBBY) had a healthy money flow of $3.44 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $11.89 million, whereas, investors only sold shares worth $8.45 million on downticks. The stock closed the day with an up-down ratio of 1.41.The money flow in the block trades to the tune of $4.86 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $4.86 million worth of transactions were on upticks. Bed Bath & Beyond (BBBY) stock slid $0.09 intraday and traded at 44.95, a change of -0.2% over previous days close. However, for the week, the company shares are 1.1% compared to previous weeks close.


The stock has recorded a 20-day Moving Average of 3.24% and the 50-Day Moving Average is 2.66%. Shares have dropped -34.38% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $69.69 and the one year low was seen on Jun 23, 2016. The 50-Day Moving Average price is $43.73 and the 200 Day Moving Average price is recorded at $46.05.

Bed Bath & Beyond (NASDAQ:BBBY): The stock opened at $45.52 on Thursday but the bulls could not build on the opening and the stock topped out at $45.55 for the day. The stock traded down to $44.90 during the day, due to lack of any buying support eventually closed down at $44.95 with a loss of -0.20% for the day. The stock had closed at $45.04 on the previous day. The total traded volume was 1,293,486 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Temares Steven H, director officer (Chief Executive Officer) of Bed Bath & Beyond Inc, had unloaded 223,678 shares at an average price of $45.81 in a transaction dated on May 10, 2016. The total value of the transaction was worth $10,246,689.

Bed Bath & Beyond Inc. and subsidiaries is a retailer selling an assortment of domestics merchandise and home furnishings, which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon or Harmon Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Customers can purchase products from the Company either in-store, online or through a mobile device. In addition, the Company operates Of a Kind, an e-commerce Website that features specially commissioned, limited edition items from emerging fashion and home designers. It also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. The Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. It sells an assortment of domestics merchandise and home furnishings.

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