Large Outflow of Money Witnessed in Anthem

Anthem (ANTM): The stock had negative money flow to the tune of ($7.57 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $30.13 million, whereas, the outflow of money on downticks was $37.71 million and the ratio between the two was 0.8. The block trade had a negative net money flow of ($10.73 million). The total block trade value undertaken on upticks was $1.71 million. On the other hand, downticks amounted to $12.44 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.14. Anthem (ANTM) closed with marginal gains of 69 cents to end the day at $135, an increase of 0.51% over the previous days close. The stock recorded 2.16% for the week.


Anthem, Inc. has dropped 4.86% during the last 3-month period . Year-to-Date the stock performance stands at -2.23%. Shares of Anthem, Inc. rose by 2.61% in the last five trading days and 2.06% for the last 4 weeks. In a related news, Swedish Joseph, director officer (Chair, President & CEO) of Anthem, Inc., unloaded 8,171 shares at an average price of $131.74 on July 11, 2016. The total amount of the transaction was worth $1,076,448, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Anthem (NYSE:ANTM): stock turned positive on Monday. Though the stock opened at $134.71, the bulls momentum made the stock top out at $135.295 level for the day. The stock recorded a low of $134.14 and closed the trading day at $135, in the green by 0.51%. The total traded volume for the day was 1,060,589. The stock had closed at $134.31 in the previous days trading.

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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