Large Outflow of Money Witnessed in Albemarle Corporation

Albemarle Corporation (ALB) : Net money flow in Albemarle Corporation (ALB) was negative ($1.01 million) and the inflow of money on uptick was $0.65 million, whereas, the outflow of money on downticks amounted to $1.67 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.39. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $0.85 million. The money flow in block trades was negative ($0.85). Albemarle Corporation (ALB) gained $0.42 cent during the day and reached $81.72, a gain of 0.51% over the previous day.


The company Insiders own 0.71% of Albemarle Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -54.55% . Institutional Investors own 88.68% of Albemarle Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -91.13%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (President & CEO) of Albemarle Corp, Kissam Luther C Iv had sold 50,000 shares worth of $4,159,500 in a transaction dated August 24, 2016. In this transaction, 50,000 shares were sold at $83.19 per share.

Albemarle Corporation (NYSE:ALB): The stock opened at $82.46 and touched an intraday high of $82.49 on Friday. During the day, the stock corrected to an intraday low of $81.1, however, the bulls stepped in and pushed the price higher to close in the green at $81.96 with a gain of 0.81% for the day. The total traded volume for the day was 895,248. The stock had closed at $81.3 in the previous trading session.

Albemarle Corporation (ALB) : During the past 4 weeks, traders have been relatively bearish on Albemarle Corporation (ALB), hence the stock is down -0.32% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.3% relative to the S&P 500. The stock has risen by 0.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.45% in the past 4 weeks.

Albemarle Corporation (Albemarle) is a developer, manufacturer and marketer of specialty chemicals across a range of end markets, including the petroleum refining, consumer electronics, plastics/packaging, construction, automotive, lubricants, pharmaceuticals, crop protection, food-safety and custom chemistry services markets. The Company operates through two segments: Performance Chemicals and Catalyst Solutions. As of December 31, 2014, the Performance Chemicals segment includes the Fire Safety Solutions, Specialty Chemicals and Fine Chemistry Services product categories. As of December 31, 2014, the Catalyst Solutions segment includes the Refinery Catalyst Solutions and Performance Catalyst Solutions product categories.

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