Large Outflow of Money Witnessed in Investors Bancorp

Investors Bancorp (NASDAQ:ISBC) traded on a positive note gaining 0.01 points or 0.04% to be valued at $11.37 per share. Intraday, the shares aggregated $2.4 million in upticks but saw an exodus of $10.84 million in downticks. The net money flow was calculated to be $(-8.44) million with the final up/down ratio coming in at 0.22. The share price has seen a change of -2.36% in value during the week. Block trade of up/down ratio of 0.08 was also registered with $0.71 million in upticks and $9.1 million in downticks. The net money flow for the block exchange was disappointing at $(-8.38) Million.

Investors Bancorp Inc. has lost 2.58% in the last five trading days and dropped 3.49% in the last 4 weeks. Investors Bancorp Inc. has dropped 0.53% during the last 3-month period . Year-to-Date the stock performance stands at -7.88%.

Currently the company Insiders own 3.44% of Investors Bancorp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.91% . Institutional Investors own 77.35% of Investors Bancorp shares. During last six month period, the net percent change held by insiders has seen a change of -5.72%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Siekerka Michele N, director of Investors Bancorp, Inc., had unloaded 25,407 shares at an average price of $11.58 in a transaction dated on May 18, 2016. The total value of the transaction was worth $294,213.

Investors Bancorp (NASDAQ:ISBC) witnessed a decline in the market cap on Friday as its shares dropped 0.18% or 0.02 points. After the session commenced at $11.34, the stock reached the higher end at $11.42 while it hit a low of $11.29. With the volume soaring to 4,635,592 shares, the last trade was called at $11.34. The company has a 52-week high of $13.13. The company has a market cap of $3,618 million and there are 319,090,250 shares in outstanding. The 52-week low of the share price is $10.77.

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