Large Outflow of Money Witnessed in Exelon Corporation

Exelon Corporation (EXC) : The total money flow in Exelon Corporation (EXC) was negative ($2.2 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $2.59 million. In comparison, the inflow of money into the stock on upticks was $0.38 million. The uptick to downtick ratio was 0.15. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $2.24 million. The negative money flow of ($2.24 million) confirms the selling in Exelon Corporation (EXC) on strength. Exelon Corporation (EXC) gained $0.31 at $34.12, a gain of 0.92% over the previous days close. However, the stock registered 0.65% in the week.

Exelon

The company Insiders own 0.8% of Exelon Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -47.74% . Institutional Investors own 75.3% of Exelon Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -47.74%.

In a related news, The Securities and Exchange Commission has divulged that Cornew Kenneth W., officer (Sr. EVP, Pres & CEO Generation) of Exelon Corp, had unloaded 30,000 shares at an average price of $36.47 in a transaction dated on July 15, 2016. The total value of the transaction was worth $1,094,100.

Exelon Corporation (NYSE:EXC): The stock opened at $33.78 and touched an intraday high of $34.21 on Friday. During the day, the stock corrected to an intraday low of $33.72, however, the bulls stepped in and pushed the price higher to close in the green at $34.07 with a gain of 0.77% for the day. The total traded volume for the day was 3,300,076. The stock had closed at $33.81 in the previous trading session.

Exelon Corporation (Exelon) is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLCs (Generation) six marketing segments, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO) and Baltimore Gas and Electric Company (BGE). Generations business consists of the generation, physical delivery and marketing of power across geographical regions. ComEds business consists of the purchase and regulated retail sale of electricity and the provision of electricity transmission and distribution services to retail customers. PECOs business consists of the purchase and regulated retail sale of electricity and the provision of electricity distribution and transmission services. BGEs business consists of the purchase and regulated retail sale of electricity and natural gas and the provision of electricity distribution and transmission and gas distribution services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *