Shares of Ascena Retail Group (ASNA) Sees Large Inflow of Net Money Flow

Ascena Retail Group (ASNA) : Fridays money flow indicated an uptick to downtick ratio was at 2.35. The total value of inflow transactions on upticks was $3.37 million, whereas, the total value of outflow trades on downticks was $1.44 million. The total money flow was $1.94 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $2.04 million. The total value of the trades done on upticks was $2.04 million. Ascena Retail Group (ASNA) was trading with a -0.13% change over previous days close. It fell $0.01 during the day and reached $7.79. The stock was -10.05% compared to the previous weeks close.


The company Insiders own 7.8% of Ascena Retail Group shares according to the proxy statements. Institutional Investors own 94.49% of Ascena Retail Group shares. During last six month period, the net percent change held by insiders has seen a change of 62.61%.

In a related news, Giammatteo Robert, CFO of Ascena Retail Group, Inc., executed a transaction worth $35,900 on June 2, 2016. A total of 5,000 shares were purchased at an average price of $7.18. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Ascena Retail Group (NASDAQ:ASNA): stock was range-bound between the intraday low of $7.62 and the intraday high of $7.85 after having opened at $7.85 on Fridays session. The stock finally closed in the red at $7.85, a loss of -0.13%. The stock remained in the red for the whole trading day. The total traded volume was 2,194,790 shares. The stock failed to cross $7.85 in Fridays trading. The stocks closing price on Thursday was $7.8.

Ascena Retail Group (ASNA) has risen sharply, recording gains of 1.56% in the past 4 weeks. However, the stock has corrected -10.05% 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 1.7% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Ascena Retail Group, Inc. is a specialty retailer, which offers clothing, shoes and accessories for missy and plus-size women. The Company offers its products under the Ann Taylor, LOFT, Lane Bryant, maurices, dressbarn, Catherines and Justice brands. It operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment consists of specialty retail, outlet and e-commerce operations of Ann Taylor and LOFT brands. The Justice merchandise mix includes apparel, accessories, footwear, intimates and lifestyle products. The Lane Bryant segment offers apparel, including intimate apparel, wear-to-work and casual sportswear, accessories, select footwear and social occasion apparel. The maurices brand caters customers in ages between over 20 and 30, including core and plus-size offerings. The dressbarn brand caters female consumers in ages between approximately 30 and 50. Catherines offers apparel and accessories for wear-to-work and casual lifestyles.

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