Large Outflow of Money Witnessed in Lowes Companies

Lowes Companies (LOW) : The total money flow in Lowes Companies (LOW) was negative ($10.45 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $56.23 million. Transactions on upticks were comparatively lower at $45.78 million. The uptick to downtick ratio was 0.81. The total block trades done on upticks were valued at $11.94 million. The total block trades on downticks were valued at $23.69 million. The uptick to the downtick ratio of block trades was 0.5. The money flow during block trades was negative ($11.75 million) when the stock traded with a gain of $52 cent. Lowes Companies (LOW) was $76.96, an increase of 0.68% over the previous days close.


The company Insiders own 0.39% of Lowes Companies shares according to the proxy statements. Institutional Investors own 75.39% of Lowes Companies shares. During last six month period, the net percent change held by insiders has seen a change of -24.39%.

In a related news, The Securities and Exchange Commission has divulged that Maltsbarger Richard D, officer (CDO & President, Intl) of Lowes Companies Inc, had unloaded 12,656 shares at an average price of $80.21 in a transaction dated on May 31, 2016. The total value of the transaction was worth $1,015,138.

Lowes Companies (NYSE:LOW): The stock opened at $76.75 and touched an intraday high of $77.08 on Friday. During the day, the stock corrected to an intraday low of $76.55, however, the bulls stepped in and pushed the price higher to close in the green at $76.96 with a gain of 0.68% for the day. The total traded volume for the day was 3,314,874. The stock had closed at $76.44 in the previous trading session.

Lowes Companies (LOW) : During the past 4 weeks, traders have been relatively bearish on Lowes Companies (LOW), hence the stock is down -5.7% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.42% relative to the S&P 500. The stock has risen by 0.08% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.82% in the past 4 weeks.

Lowes Companies, Inc. (Lowes) is a home improvement retailer. As of January 30, 2015, Lowes operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowes is consisted of 1,793 stores located across 50 states in the United States, including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as 37 stores in Canada, and 10 stores in Mexico. It serves homeowners, renters, and professional customers (Pro customers). Its retail customers, consisted of individual homeowners and renters, complete a range of projects. The Pro customer consists of two categories: construction trades, and maintenance, repair and operations. The Company offers a range of products for maintenance, repair, remodeling, and decorating.

Comments (0)

Leave a Reply

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