Large Inflow of Money Witnessed in Artisan Partners Asset Management

Artisan Partners Asset Management (APAM) : On Thursday, The money flowed into the Artisan Partners Asset Management (APAM) stock with an uptick to downtick ratio was recorded at 2.86. Transactions worth $0.79 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $0.28 million. The total money flow into the stock was $0.51 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.65 million of block transactions on upticks. The total money flow in block trades was $0.65 million. In terms of price action, Artisan Partners Asset Management (APAM) traded down $0.07 during the session at $26.96. Compared to the previous days closing, the stock was down only by -0.26%. For the week, the stock is -2.67%, over previous weeks closing.


Artisan Partners Asset Management (APAM) : Currently there are 3 street experts covering Artisan Partners Asset Management (APAM) stock. The most bullish and bearish price target for the stock is $38 and $28 respectively for the short term. The average price target of all the analysts comes to $33.33. The estimated standard deviation from the target is $5.03. The stock has recorded a 20-day Moving Average of 7.86% and the 50-Day Moving Average is 11.83%.

Artisan Partners Asset Management (NYSE:APAM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.80 and $26.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.20, notching a gain of 0.63% for the day. The total traded volume was 626,437 . The stock had closed at $27.03 on the previous day.

Artisan Partners Asset Management Inc. is an investment management firm. The Firm provides a range of United States, non-United States and global investment strategies. The Firms operations are conducted through Artisan Partners Holdings and its subsidiaries. It derives its revenues from investment management fees. In addition to its investment teams, the Firm also has a team that is focused on its business of achieving growth, expanding investment capabilities, the source of assets under management and delivering client service. The Firms management team supports its investment management capabilities and manages infrastructure, which allows its investment professionals to focus on making investment decisions and generating returns. Artisan Partners investment strategies are offered through a variety of investment vehicles to accommodate a range of client mandates, including Separate Account Management, Mutual Fund Vehicles, Collective Investment Trusts and UCITS Vehicles.

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