Ross Stores (ROST) : The money flow analysis of Ross Stores (ROST) indicates a $0.31 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $1.68 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 5.37 and so was the total money flow at $1.37 million. The bulls lapped up $1.33 million worth of block trades on upticks. The money flow was $1.33 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Ross Stores (ROST), pushing it down by -0.07% for the day. The stock slid $0.05 and traded at $62.34 during the day. Nonetheless, the stock is -1.46% over the previous weeks close.
The company Insiders own 2.4% of Ross Stores shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.46% . Institutional Investors own 89.99% of Ross Stores shares. During last six month period, the net percent change held by insiders has seen a change of -17.37%.
In a related news,The director of Ross Stores Inc, Orban George sold 56,000 shares at $57.48 on July 8, 2016. The Insider selling transaction had a total value worth of $3,218,880. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Ross Stores (NASDAQ:ROST): The stock opened at $62.55 and touched an intraday high of $62.84 on Friday. During the day, the stock corrected to an intraday low of $62.13, however, the bulls stepped in and pushed the price higher to close in the green at $62.73 with a gain of 0.56% for the day. The total traded volume for the day was 1,316,588. The stock had closed at $62.38 in the previous trading session.
Ross Stores (ROST) has risen sharply, recording gains of 1.42% in the past 4 weeks. However, the stock has corrected -0.84% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.56% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Ross Stores, Inc. is an off-price retailer of name brand and designer apparel, accessories, footwear, and home fashions for the entire family. The Company operates two brands of off-price retail apparel and home fashion stores, Ross Dress for Less (Ross) and dds DISCOUNTS. As of December 31, 2014, the Company operated 1,210 Ross locations in 33 states, the District of Columbia and Guam, and 152 dds DISCOUNTS stores in 15 states. The Ross and dds DISCOUNTS stores are supported by five distribution centers. The Ross brand stores offers its products at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle income households. The dds DISCOUNTS stores offers its products at savings of 20% to 70% off moderate department and discount store regular prices every day. Its target customers typically come from households with moderate incomes.