Large Inflow of Money Detected in Anthem

Anthem (ANTM) stock had a bullish inflow of $9.3 million worth of trades on uptick and an outflow of $8.09 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.15. The net money flow into the stock was $1.22 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.1 million. $0.1 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Anthem (ANTM) stock traded down $0.03 , and reached $133.71, a drop of -0.02% over the previous day. On a weekly basis, the stock is 1.18%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 2.56% and the 50-Day Moving Average is 1.04%. Shares have dropped -17.76% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $161.80 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $131.01 and the 200 Day Moving Average price is recorded at $135.25.

Anthem (NYSE:ANTM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $134.47 and $133.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $134.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $133.91, notching a gain of 0.13% for the day. The total traded volume was 828,864 . The stock had closed at $133.74 on the previous day.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP & Chief Administrative Off) of Anthem, Inc., Mccarthy Gloria M had sold 4,786 shares worth of $628,498 in a transaction dated July 1, 2016. In this transaction, 4,786 shares were sold at $131.32 per share.

Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.

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