Large Outflow of Money Witnessed in Altria Group

Altria Group (MO) : The total money flow in Altria Group (MO) was negative ($44.85 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $86.37 million. Transactions on upticks were comparatively lower at $41.52 million. The uptick to downtick ratio was 0.48. The total block trades done on upticks were valued at $3.75 million. The total block trades on downticks were valued at $45.94 million. The uptick to the downtick ratio of block trades was 0.08. The money flow during block trades was negative ($42.19 million) when the stock traded with a gain of $56 cent. Altria Group (MO) was $66.88, an increase of 0.84% over the previous days close.


The company Insiders own 0.15% of Altria Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.22% . Institutional Investors own 61.93% of Altria Group shares. During last six month period, the net percent change held by insiders has seen a change of -8.45%.

In a related news,The officer (SVP HR Compliance InfoSvcs&CCO) of Altria Group, Inc., Whitaker Charles N. sold 11,000 shares at $66.53 on August 4, 2016. The Insider selling transaction had a total value worth of $731,830. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Altria Group (NYSE:MO): The stock opened at $66.61 and touched an intraday high of $67.23 on Friday. During the day, the stock corrected to an intraday low of $66.45, however, the bulls stepped in and pushed the price higher to close in the green at $66.88 with a gain of 0.84% for the day. The total traded volume for the day was 4,351,990. The stock had closed at $66.32 in the previous trading session.

Altria Group (MO) : Traders are bullish on Altria Group (MO) as it has outperformed the S&P 500 by a wide margin of 0.66% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.09%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.6% in the last 1 week, and is up 0.53% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Altria Group, Inc. is a holding company. The Companys reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA, and UST LLC (UST), which through its wholly owned subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.

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