Large Outflow of Money Witnessed in C.H. Robinson Worldwide

C.H. Robinson Worldwide (CHRW) : The value of composite uptick trades was $17.97 million, whereas, the value of composite downtick trades was $24.09 million. The uptick to downtick ratio stood at 0.75 with a negative money flow of ($6.12) Million during Fridays trading session. The block trades money flow was negative ($0.04 million).The uptick to the downtick ratio of 1.02 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $2.24 million. The transaction of the trades on downticks amounted to $2.2 million, which confirms investors selling on the strength of price. C.H. Robinson Worldwide (CHRW) gained 28 cents at $71.32, an increase of 0.39% over the previous days close.


The company Insiders own 0.69% of C.H. Robinson Worldwide shares according to the proxy statements. Institutional Investors own 83.11% of C.H. Robinson Worldwide shares. During last six month period, the net percent change held by insiders has seen a change of -12.16%.

In a related news, The Securities and Exchange Commission has divulged that Freeman Angela K., officer (VP, Human Resources) of C H Robinson Worldwide Inc, had unloaded 2,200 shares at an average price of $73.15 in a transaction dated on May 9, 2016. The total value of the transaction was worth $160,930.

C.H. Robinson Worldwide (NASDAQ:CHRW): The stock opened at $71.36 and touched an intraday high of $71.97 on Friday. During the day, the stock corrected to an intraday low of $70.85, however, the bulls stepped in and pushed the price higher to close in the green at $71.32 with a gain of 0.39% for the day. The total traded volume for the day was 1,324,269. The stock had closed at $71.04 in the previous trading session.

C.H. Robinson Worldwide (CHRW) : Traders are bullish on C.H. Robinson Worldwide (CHRW) as it has outperformed the S&P 500 by a wide margin of 3.17% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.17%, 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 3.69% in the last 1 week, and is up 3.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

C.H. Robinson Worldwide, Inc. is a third party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. The Company operates through a network of 281 offices in North America, Europe, Asia and South America. It has developed global transportation and distribution networks to provide transportation and supply chain services worldwide. It also provides sourcing services through Robinson Fresh. Sourcing business involves the buying, selling and marketing of fresh fruits, vegetables, and other perishable items. The Company supplies fresh produce through its network of independent produce growers and suppliers. Its customers include grocery retailers and restaurants, produce wholesalers and foodservice distributors. It also arranges the logistics and transportation of the products it sells and provides related supply chain services, such as replenishment, category management and merchandising.

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