Large Outflow of Money Witnessed in Associated Banc-Corp

Associated Banc-Corp (NYSE:ASB) traded higher in the last at $17.34, gaining 0.1 points or 0.58%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-3.34) million. The composite uptick value of $0.57 million was eclipsed by the accrued downtick value of $3.91 million, thereby ensuring the up/down ratio of 0.15. For the week, the shares have posted returns of -3.93%.A block trade registered during the day has revealed $0 million in upticks and $3.29 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-3.29) million.

Associated Banc-Corp has lost 3.55% in the last five trading days and dropped 4.19% in the last 4 weeks. Associated Banc-Corp has dropped 5.38% during the last 3-month period . Year-to-Date the stock performance stands at -5.99%.

Currently the company Insiders own 2.09% of Associated Banc-Corp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.62% . Institutional Investors own 75.9% of Associated Banc-Corp shares. During last six month period, the net percent change held by insiders has seen a change of -9.62%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Del Moral-Niles Christopher, officer (Chief Financial Officer) of Associated Banc-Corp, had unloaded 5,000 shares at an average price of $17.87 in a transaction dated on June 13, 2016. The total value of the transaction was worth $89,350.

Associated Banc-Corp (NYSE:ASB) rose 0.99% or 0.17 points on Friday and made its way into the gainers of the day. After trading began at $17.23 the stock was seen hitting $17.545 as a peak level and $17.23 as the lowest level. The stock ended up at $17.41. The daily volume was measured at 2,112,324 shares. The 52-week high of the share price is $20.95 and the 52-week low is $15.45. The company has a market cap of $2,614 million.

Associated Banc-Corp (Associated) is a bank holding company. The Company, through its banking subsidiary Associated Bank, National Association (Associated Bank) and various nonbanking subsidiaries, provides a range of banking and non-banking products and services to individuals and businesses. The Company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business, and Risk Management and Shared Services. The Corporate and Commercial Specialty segment serves a range of customers, including businesses, developers, non-profits, municipalities, and financial institutions. The Community, Consumer, and Business segment serves individuals, as well as small and mid-sized businesses. The Risk Management and Shared Services segment includes Corporate Risk Management, Credit Administration, Finance, Treasury, Operations, and Technology.

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