Large Outflow of Money Witnessed in Anthem

Shares of Anthem (NYSE:ANTM) advanced to $132.43. The price had gained 0.11% or 0.15 points intraday. The latest trading session witnessed $33 million in upticks and $48.19 million in downticks, resulting in net money flow of (-15.19) million. The up/down ratio for the day stood at 0.68. On a weekly scale, the price has seen a change of 0.69%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-18.7) million occurred during the day. $1.47 million in uptick and $20.17 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.07.

Shares of Anthem, Inc. appreciated by 0.62% during the last five trading days but lost 2.27% on a 4-week basis. Anthem, Inc. has dropped 6.79% during the last 3-month period . Year-to-Date the stock performance stands at -4.16%.

Currently the company Insiders own 0.37% of Anthem shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.51% . Institutional Investors own 89.09% of Anthem shares. During last six month period, the net percent change held by insiders has seen a change of -36.1%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mccarthy Gloria M, officer (EVP & Chief Administrative Off) of Anthem, Inc., had unloaded 4,786 shares at an average price of $131.69 in a transaction dated on June 1, 2016. The total value of the transaction was worth $630,268.

Anthem (NYSE:ANTM) rose 0.05% or 0.06 points on Friday and made its way into the gainers of the day. After trading began at $132.27 the stock was seen hitting $132.79 as a peak level and $131.48 as the lowest level. The stock ended up at $132.34. The daily volume was measured at 2,039,367 shares. The 52-week high of the share price is $173.59 and the 52-week low is $115.63. The company has a market cap of $34,799 million.

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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