Large Outflow of Money Witnessed in MB Financial

MB Financial (MBFI) : The total negative money flow of $9.64 million on Friday indicates selling on strength. The inflow of money on upticks was $3.04 million, compared to $12.67 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.24. The negative money flow of $9.67 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $9.67 million. The price action in the MB Financial (MBFI) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $39.39 with a gain of $0.23 , a change of 0.59% over the previous days close. The stock registered 1.03% for the week.


The company Insiders own 7.05% of MB Financial shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.56% . Institutional Investors own 73.66% of MB Financial shares. During last six month period, the net percent change held by insiders has seen a change of -14.55%.

In a related news, York Jill E, officer (Vice President and CFO) of Mb Financial Inc /Md, unloaded 5,000 shares at an average price of $39.05 on September 1, 2016. The total amount of the transaction was worth $195,250, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

MB Financial (NASDAQ:MBFI): The stock opened at $39.27 and touched an intraday high of $39.5 on Friday. During the day, the stock corrected to an intraday low of $39.12, however, the bulls stepped in and pushed the price higher to close in the green at $39.39 with a gain of 0.59% for the day. The total traded volume for the day was 875,979. The stock had closed at $39.16 in the previous trading session.

MB Financial (MBFI) : Traders are bullish on MB Financial (MBFI) as it has outperformed the S&P 500 by a wide margin of 1.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.52%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.03% in the last 1 week, and is up 0.9% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

MB Financial, Inc. (MB Financial) is a financial holding company. Through its bank subsidiary, MB Financial Bank, N.A. (MB Financial Bank), the Company offers financial services to small and middle market businesses and individuals in the markets that it serves. Its primary business segments include banking, leasing and mortgage banking. It makes commercial loans to middle market businesses located in the Chicago area. Loan products offered by it are primarily working capital, term loans and lines of credit that help its customers finance accounts receivable, inventory and equipment. It also offers financial, performance and commercial letters of credit. It originates commercial real estate loans that are secured by multi-unit residential property and owner and non-owner occupied commercial and industrial property. Its consumer loan portfolio is focused on indirect vehicle loans through a network of motorcycle, power sports, recreational vehicles, and marine dealers.

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