Large Outflow of Money Witnessed in Foot Locker

Foot Locker (NYSE:FL) traded on a positive note gaining 0.38 points or 0.71% to be valued at $53.68 per share. Intraday, the shares aggregated $24.78 million in upticks but saw an exodus of $34.48 million in downticks. The net money flow was calculated to be $(-9.7) million with the final up/down ratio coming in at 0.72. The share price has seen a change of -3.61% in value during the week. Block trade of up/down ratio of 0.51 was also registered with $9.33 million in upticks and $18.46 million in downticks. The net money flow for the block exchange was disappointing at $(-9.14) Million.

Foot Locker, Inc. has lost 3.66% in the last five trading days and dropped 6.07% in the last 4 weeks. Foot Locker, Inc. has dropped 17.36% during the last 3-month period . Year-to-Date the stock performance stands at -16.87%.

Currently the company Insiders own 2.9% of Foot Locker shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.14% . Institutional Investors own 98.79% of Foot Locker shares. During last six month period, the net percent change held by insiders has seen a change of -11.51%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mckenna Matthew M, director of Foot Locker, Inc., had unloaded 10,628 shares at an average price of $62.35 in a transaction dated on April 8, 2016. The total value of the transaction was worth $662,656.

Foot Locker (NYSE:FL) rose 0.66% or 0.35 points on Friday and made its way into the gainers of the day. After trading began at $53.23 the stock was seen hitting $53.74 as a peak level and $52.6986 as the lowest level. The stock ended up at $53.65. The daily volume was measured at 3,420,427 shares. The 52-week high of the share price is $77.25 and the 52-week low is $52.6986. The company has a market cap of $7,259 million.

Foot Locker, Inc. is a retailer of shoes and apparel. The Company operates in two segments: Athletic Stores and Direct-to-Customers. The Athletic Stores segment is an athletic footwear and apparel retailer whose formats include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and SIX:02, as well as the retail stores of Runners Point Group, including Runners Point and Sidestep. The Direct-to-Customers segment includes, Inc. and other affiliates, including Eastbay, Inc., and the direct-to-customer subsidiary of Runners Point Group, which sell to customers through their Internet and mobile sites and catalogs. As of January 31, 2015, the Company operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia and New Zealand. As of January 31, 2015, the Company operated a total of 78 franchised stores, of which 31 are in the Middle East, 27 in Germany and Switzerland, and 20 in the Republic of Korea.

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