Large Outflow of Money Witnessed in Steven Madden Ltd.

Steven Madden Ltd. (NASDAQ:SHOO) had an volatile session and gained 0.04 points till last call. The price was at $34.23, gaining 0.1% till the last intraday data. The total uptick value was $1.49 million while the total downtick value was $5.84 million. The shares saw a net money flow of $(-4.35) million and the up/down ratio stood at 0.25. The stock has seen a change of of 0.37% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-4.38) million. Almost $0 million were received in upticks and approximately $4.38 million were lost in downticks, thereby giving the up/down ratio of 0.

Shares of Steven Madden, Ltd. rose by 0.91% in the last five trading days and 5.07% for the last 4 weeks. Steven Madden, Ltd. has dropped 8.53% during the last 3-month period . Year-to-Date the stock performance stands at 13.86%.

Currently the company Insiders own 2.2% of Steven Madden Ltd. shares according to the proxy statements. Institutional Investors own 96.47% of Steven Madden Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -5.01%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Randall Richard P, director of Steven Madden, Ltd., had unloaded 1,000 shares at an average price of $38 in a transaction dated on March 18, 2016. The total value of the transaction was worth $38,000.

Steven Madden Ltd. (NASDAQ:SHOO) rose 0.64% or 0.22 points on Friday and made its way into the gainers of the day. After trading began at $34.12 the stock was seen hitting $34.56 as a peak level and $33.91 as the lowest level. The stock ended up at $34.41. The daily volume was measured at 593,694 shares. The 52-week high of the share price is $44.725 and the 52-week low is $27.8. The company has a market cap of $2,128 million.

Steven Madden, Ltd. designs, sources, markets and sells name brand and private label footwear for women, men and children. It operates under five segments, which include Wholesale Footwear, Wholesale Accessories, Retail, First Cost and Licensing. Its brands include Madden Girl, Steve Madden Mens, Madden, Steven, Stevies and Steve Madden Kids, Betsey Johnson, Superga, FREEBIRD by Steve, Report, Mad Love, Dolce Vita and Brian Atwood. Its products are marketed through its retail stores and e-commerce Websites, as well as department stores, specialty stores, luxury retailers, value priced retailers, national chains, merchants and catalog retailers throughout the United States, Canada, Mexico and South Africa. In addition, it markets its products in Asia, Australia, Europe, India, the Middle East, South and Central America and New Zealand. The Companys subsidiaries include Steven Madden Retail, Inc. and BA Brand Holdings LLC, among others.

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