Large Outflow of Money Witnessed in J.C. Penney Company Holding Company

J.C. Penney Company Holding Company (JCP): The stock had negative money flow to the tune of ($1.15 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $0.38 million, whereas, the outflow of money on downticks was $1.53 million and the ratio between the two was 0.25. The block trade had a negative net money flow of ($0.83 million). On the other hand, downticks amounted to $0.83 million of the traded value, which shows distribution in the stock by traders. J.C. Penney Company Holding Company (JCP) closed with marginal gains of 3 cents to end the day at $9.47, an increase of 0.32% over the previous days close. The stock recorded -4.25% for the week.


The company Insiders own 1.28% of J.C. Penney Company Holding Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 1.99% . Institutional Investors own 89.15% of J.C. Penney Company Holding Company shares. During last six month period, the net percent change held by insiders has seen a change of 2.94%.

In a related news, Ellison Marvin R, CEO of J C Penney Co Inc, executed a transaction worth $496,000 on August 25, 2016. A total of 50,000 shares were purchased at an average price of $9.92. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

J.C. Penney Company Holding Company (NYSE:JCP): The stock opened at $9.54 and touched an intraday high of $9.75 on Friday. During the day, the stock corrected to an intraday low of $9.41, however, the bulls stepped in and pushed the price higher to close in the green at $9.49 with a gain of 0.53% for the day. The total traded volume for the day was 12,888,554. The stock had closed at $9.44 in the previous trading session.

J.C. Penney Company Holding Company (JCP) has risen sharply, recording gains of 1.07% in the past 4 weeks. However, the stock has corrected -4.04% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.2% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

J. C. Penney Company, Inc. (JCPenney) is a holding company. The Companys operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Companys business consists of selling merchandise and services to consumers through its department stores and Website at, which utilizes applications for desktop, mobile and tablet devices. The Companys online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers warehouses and by in store customer pick up. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney and home furnishings. The Companys department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating.

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