Large Outflow of Money Witnessed in Hanesbrands

Hanesbrands (NYSE:HBI) jumped 0.11 points or 0.42% on strong buying and was last priced at $26.15 per share. The shares saw huge fund flow intraday; a massive $5.58 million made their way in through the upticks but an even bigger $13.57 million made their way out through downticks. As per the last observation, the net money flow stood at $(-7.99) million and the up/down ratio was found to be 0.41. The shares have seen a weekly value change of -2.64% .A block trade was recorded in the company shares with a net money flow of $(-8.62) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $8.62. As can be seen from the data, the block transaction had the up/down ratio of 0.

Hanesbrands Inc. has lost 2.35% in the last five trading days and dropped 1.72% in the last 4 weeks. Hanesbrands Inc. has dropped 10.78% during the last 3-month period . Year-to-Date the stock performance stands at -10.11%.

Currently the company Insiders own 1% of Hanesbrands shares according to the proxy statements. Institutional Investors own 89.62% of Hanesbrands shares. During last six month period, the net percent change held by insiders has seen a change of -16.53%. . On the companys insider trading activities, Marsh John T., officer (Group President, Activewear) of Hanesbrands Inc., unloaded 10,986 shares at an average price of $27.3 on June 3, 2016. The total amount of the transaction was worth $299,918, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Hanesbrands (NYSE:HBI) rose 0.73% or 0.19 points on Friday and made its way into the gainers of the day. After trading began at $26.01 the stock was seen hitting $26.39 as a peak level and $25.78 as the lowest level. The stock ended up at $26.23. The daily volume was measured at 5,079,798 shares. The 52-week high of the share price is $34.78 and the 52-week low is $23.25. The company has a market cap of $9,902 million.

Hanesbrands Inc. is a manufacturer and marketer of apparel. The Company operates through four segments: Innerwear, Activewear, Direct to Consumer and International. The Companys innerwear and activewear apparel brands include Hanes, Champion, Bali, Playtex, Maidenform, JMS/Just My Size, Leggs, Flexees, barely there, Wonderbra, Gear for Sports and Lilyette. Its international brands also include DIM, Nur Die/Nur Der, Zorba, Rinbros and Shock Absorber, among others. The Companys Innerwear segment focuses on apparel products, such as intimate apparel, mens underwear, childrens underwear and socks. In the activewear market, it sells products, such as T-shirts and fleece to both retailers and wholesalers. Its Direct to Consumer operations include its domestic Company-operated outlet stores, catalogs and Website operations that sell its branded products to consumers in the United States. The Companys international markets are Europe, Canada, Japan, Mexico, Brazil and Australia.

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