Large Outflow of Money Witnessed in The Priceline Group

The Priceline Group (PCLN) : Net money flow in The Priceline Group (PCLN) was negative ($19.37 million) and the inflow of money on uptick was $94.94 million, whereas, the outflow of money on downticks amounted to $114.31 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.83. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $16.37 million. The money flow in block trades was negative ($16.37). The Priceline Group (PCLN) gained $4.26 cent during the day and reached $1422.85, a gain of 0.3% over the previous day.


The company Insiders own 0.42% of The Priceline Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6% . Institutional Investors own 94.38% of The Priceline Group shares. During last six month period, the net percent change held by insiders has seen a change of -5.51%.

In a related news, The Securities and Exchange Commission has divulged that Tans Gillian, officer (President & CEO, of Priceline Group Inc., had unloaded 131 shares at an average price of $1408 in a transaction dated on August 15, 2016. The total value of the transaction was worth $184,448.

The Priceline Group (NASDAQ:PCLN): The stock opened at $1427 and touched an intraday high of $1429.98 on Friday. During the day, the stock corrected to an intraday low of $1415.76, however, the bulls stepped in and pushed the price higher to close in the green at $1422.85 with a gain of 0.30% for the day. The total traded volume for the day was 264,067. The stock had closed at $1418.59 in the previous trading session.

On a relative basis, the stock has outperformed the S&P 500 by 0.74% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.22% in the last 1 week, and is up 0.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The Priceline Group Inc. is a provider of online travel and travel related reservation and search services. The Company, through its online travel agent (OTA) services, connects consumers wishing to make travel reservations with providers of travel services across the world. The Companys brands include, KAYAK,, and OpenTable. The Company offers consumers accommodation reservations, including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties, through its, and brands. Its brand also offers consumers reservations for rental cars, airline tickets, vacation packages and cruises. The Company offers rental car reservations through its Website The Company also provides an online price comparison service from various travel Websites through KAYAK. OpenTable provides its services to consumers and reservation management services to restaurants.

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