Large Outflow of Money Witnessed in MetLife

MetLife (MET): The stock had negative money flow to the tune of ($14.51 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $34.94 million, whereas, the outflow of money on downticks was $49.46 million and the ratio between the two was 0.71. The block trade had a negative net money flow of ($16.55 million). The total block trade value undertaken on upticks was $2.56 million. On the other hand, downticks amounted to $19.11 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.13. MetLife (MET) closed with marginal gains of 20 cents to end the day at $43.26, an increase of 0.46% over the previous days close. The stock recorded 3.52% for the week.


The company Insiders own 0.27% of MetLife shares according to the proxy statements. Institutional Investors own 75.49% of MetLife shares.

In a related news, The officer (EVP, Global Employee Benefits), of Metlife Inc, Morris Maria R had unloaded 2,000 shares at $42.96 per share in a transaction on August 2, 2016. The total value of transaction was $85,920. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

MetLife (NYSE:MET): The stock opened at $43.19 and touched an intraday high of $43.655 on Friday. During the day, the stock corrected to an intraday low of $43.03, however, the bulls stepped in and pushed the price higher to close in the green at $43.26 with a gain of 0.46% for the day. The total traded volume for the day was 4,711,770. The stock had closed at $43.06 in the previous trading session.

MetLife (MET) : Traders are bullish on MetLife (MET) as it has outperformed the S&P 500 by a wide margin of 5.29% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.52% in the last 1 week, and is up 5.15% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include Retail; Group, Voluntary & Worksite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA). In addition, MetLifes Corporate & Other includes MetLife Home Loans LLC (MLHL), the surviving, non-bank entity of the merger of MetLife Bank, National Association (MetLife Bank) with and into MLHL, and other business activities. Through its subsidiaries and affiliates, it operates in the United States, Japan, Latin America, Asia, Europe and the Middle East. The Companys businesses in the Americas offer a range of protection products and services.

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