Large Outflow of Money Witnessed in Newell Rubbermaid

Shares of Newell Rubbermaid (NYSE:NWL) traded 0.06 points or 0.12% higher at $48.78.The total intraday money flow for the shares came in at a disappointing $(-13.28) million. The total upticks amounted to $2.86 million and the total downticks were approximately $16.14 million, with the up/down ratio of 0.18. On a different note, the shares have seen 1.73% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $13.08 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-13.08) million.

Shares of Newell Brands Inc. rose by 0.88% in the last five trading days and 3.06% for the last 4 weeks. Newell Brands Inc. is up 12.99% in the last 3-month period. Year-to-Date the stock performance stands at 10.73%.

Currently the company Insiders own 0.66% of Newell Rubbermaid shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14% . Institutional Investors own 90.59% of Newell Rubbermaid shares. During last six month period, the net percent change held by insiders has seen a change of -5.57%. . On the companys insider trading activities, De Sole Domenico, director of Newell Brands Inc, executed a transaction worth $199,762 on June 2, 2016. A total of 4,180 shares were purchased at an average price of $47.79. 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.

Newell Rubbermaid (NYSE:NWL) witnessed a decline in the market cap on Friday as its shares dropped 0.72% or 0.35 points. After the session commenced at $48.7, the stock reached the higher end at $48.92 while it hit a low of $48.27. With the volume soaring to 8,023,574 shares, the last trade was called at $48.37. The company has a 52-week high of $50.9. The company has a market cap of $12,973 million and there are 268,200,000 shares in outstanding. The 52-week low of the share price is $33.26.

Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmers, Graco, Aprica and Baby Jogger.

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.