Large Outflow of Money Witnessed in Home BancShares

Home BancShares (NASDAQ:HOMB) had an volatile session and gained 0.1 points till last call. The price was at $20.8, gaining 0.48% till the last intraday data. The total uptick value was $0.31 million while the total downtick value was $5.61 million. The shares saw a net money flow of $(-5.31) million and the up/down ratio stood at 0.05. The stock has seen a change of of -5.84% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-5.27) million. Almost $0 million were received in upticks and approximately $5.27 million were lost in downticks, thereby giving the up/down ratio of 0.

Home Bancshares, Inc. has lost 7.65% in the last five trading days and dropped 2.56% in the last 4 weeks. Home Bancshares, Inc. has dropped 1.56% during the last 3-month period . Year-to-Date the stock performance stands at 1.5%.

Currently the company Insiders own 15.02% of Home BancShares shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 1.21% . Institutional Investors own 58.64% of Home BancShares shares. During last six month period, the net percent change held by insiders has seen a change of 2.55%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Lieblong Alex R, director of Home Bancshares Inc, had unloaded 25,000 shares at an average price of $21.47 in a transaction dated on June 14, 2016. The total value of the transaction was worth $536,750.

Home BancShares (NASDAQ:HOMB) witnessed a decline in the market cap on Friday as its shares dropped 1.45% or 0.3 points. After the session commenced at $20.69, the stock reached the higher end at $20.92 while it hit a low of $20.37. With the volume soaring to 1,809,252 shares, the last trade was called at $20.4. The company has a 52-week high of $23.75. The company has a market cap of $2,864 million and there are 140,379,750 shares in outstanding. The 52-week low of the share price is $16.935.

Home BancShares, Inc. is a bank holding company. The company is primarily engaged in providing a range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities through its wholly owned community bank subsidiary, Centennial Bank (the Bank). The Bank has locations in Arkansas, Florida and South Alabama. The Company provides loans to single and multi-family real estate, residential construction and commercial buildings. In addition, it also makes loans to small and medium-sized commercial businesses, as well as to consumers. Securities held to maturity include any security for which the Company has the positive intent and ability to hold until maturity. It offers a range of deposit services, including checking, savings, money market accounts and certificates of deposit. The Company obtains its deposits from individuals and small businesses and municipalities in its market areas.

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