Large Outflow of Money Witnessed in ServiceMaster Global Holdings

ServiceMaster Global Holdings (SERV) : Money flow in the ServiceMaster Global Holdings (SERV) stock was negative (3.61 million) on Friday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $4.5 million, compared to $8.11 million on downticks. The total uptick to downtick ratio was 0.56, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($4.02 million), indicating selling on the strength. The transaction value during uptick in block trades was $2.96 million. Downtick transaction value in block trades amounted to $6.98 million, indicating persistent selling. The uptick to downtick ratio was 0.42. ServiceMaster Global Holdings (SERV) traded $0.04 higher at $37.6 gaining 0.11% over the previous days close.


The company Insiders own 1.4% of ServiceMaster Global Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -76.19% . During last six month period, the net percent change held by insiders has seen a change of -45.85%.

In a related news,The officer (SVP, General Counsel & Sec.) of Servicemaster Global Holdings Inc, Lucke James T sold 5,199 shares at $38 on August 11, 2016. The Insider selling transaction had a total value worth of $197,562. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

ServiceMaster Global Holdings (NYSE:SERV): The stock was completely flat for the day, closing at $37.56 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $37.51, the stock touched an intraday high of $37.63 and a low of $37.16. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $37.56. The total trading volume on Friday was 886,797.

ServiceMaster Global Holdings (SERV) : Traders are bullish on ServiceMaster Global Holdings (SERV) as it has outperformed the S&P 500 by a wide margin of 0.27% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.57%, 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 1.08% in the last 1 week, and is up 0.13% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

ServiceMaster Global Holdings, Inc. is a holding company. The Company is a provider of residential and commercial services, operating through a service network of more than 8,000 company owned locations and franchise and license agreements. The Companys services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. The Companys segments include Terminix, American Home Shield and the Franchise Services Group. The Terminix segment is a provider of termite and pest control services. The American Home Shield segment is a provider of home warranty plans for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration, janitorial and cleaning services through franchises.

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