Large Outflow of Money Witnessed in Home Depot (The)

Home Depot (The) (HD) : Net money flow in Home Depot (The) (HD) was negative ($48.88 million) and the inflow of money on uptick was $66.27 million, whereas, the outflow of money on downticks amounted to $115.15 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.58. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $50.31 million. The money flow in block trades was negative ($50.31). Home Depot (The) (HD) gained $0.92 cent during the day and reached $135.15, a gain of 0.69% over the previous day.


The company Insiders own 0.26% of Home Depot (The) shares according to the proxy statements. Institutional Investors own 72.16% of Home Depot (The) shares. During last six month period, the net percent change held by insiders has seen a change of -22.36%.

In a related news, The Securities and Exchange Commission has divulged that Tome Carol B, officer (CFO & EVP – Corp. Services) of Home Depot Inc, had unloaded 97,610 shares at an average price of $135.35 in a transaction dated on August 22, 2016. The total value of the transaction was worth $13,211,514.

Home Depot (The) (NYSE:HD): The stock opened at $134.77 and touched an intraday high of $135.88 on Friday. During the day, the stock corrected to an intraday low of $134.55, however, the bulls stepped in and pushed the price higher to close in the green at $135.15 with a gain of 0.69% for the day. The total traded volume for the day was 3,402,622. The stock had closed at $134.23 in the previous trading session.

Home Depot (The) (HD) has been under a strong bear grip, hence the stock is down -1.15% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.08% in the past 1 week. The stock has risen by 0.59% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.29% in the past 4 weeks.

The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.