Large Inflow of Money Detected in LPL Financial Holdings

LPL Financial Holdings (LPLA): $2.75 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.36. The value of trades done on upticks was $10.38 million, whereas, trades done on downticks were valued at $7.63 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $3.34 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.81 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 4.1 was strongly in favor of the bulls. The money flow in block trades was $2.52 million. LPL Financial Holdings (LPLA) fell $0.19 traded at $23.88, a change of -0.79% over the previous day. The stock is 5.15% for the week.


The stock has recorded a 20-day Moving Average of 3.08% and the 50-Day Moving Average is 2.57%. Shares have dropped -50.21% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $48.18 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $24.70 and the 200 Day Moving Average price is recorded at $26.35.

LPL Financial Holdings (NASDAQ:LPLA): The stock opened at $24.70 on Thursday but the bulls could not build on the opening and the stock topped out at $25.08 for the day. The stock traded down to $23.14 during the day, due to lack of any buying support eventually closed down at $23.91 with a loss of -0.66% for the day. The stock had closed at $24.07 on the previous day. The total traded volume was 1,887,306 shares.

In an insider trading activity, Buchheister Jeffrey R., officer (EVP, Chief Accounting Officer) of Lpl Financial Holdings Inc. had purchased 100 shares on February 12, 2016 in a transaction. The price per share was $16.4 and the total amount of the disclosed transaction was $1,640.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

LPL Financial Holdings Inc. is an independent broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors, including financial advisors at around 700 financial institutions, enabling them to provide their retail investors with objective financial advice. It also supports approximately 4,400 financial advisors who are affiliated and licensed with insurance companies through customized clearing services, advisory platforms, and technology solutions. It provides its advisors with the front-office, middle-office, and back-office support. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. Its subsidiaries include LPL Financial LLC, The Private Trust Company, N.A., Independent Advisers Group Corporation and LPL Insurance Associates, Inc.

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