Shares of Anthem (ANTM) Sees Large Inflow of Net Money Flow

Anthem (ANTM) : Fridays money flow indicated an uptick to downtick ratio was at 1.97. The total value of inflow transactions on upticks was $87.09 million, whereas, the total value of outflow trades on downticks was $44.27 million. The total money flow was $42.82 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $44.51 million. The total value of the trades done on upticks was $44.51 million. Anthem (ANTM) was trading with a -1.38% change over previous days close. It fell $1.72 during the day and reached $123.36. The stock was -1.26% compared to the previous weeks close.


The company Insiders own 0.37% of Anthem shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.51% . Institutional Investors own 90.39% of Anthem shares. During last six month period, the net percent change held by insiders has seen a change of -27.66%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chair, President & CEO) of Anthem, Inc., Swedish Joseph had sold 8,171 shares worth of $1,068,031 in a transaction dated August 12, 2016. In this transaction, 8,171 shares were sold at $130.71 per share.

Anthem (NYSE:ANTM): The stock opened at $123.51 and touched an intraday high of $124.32 on Friday. During the day, the stock corrected to an intraday low of $123.02, however, the bulls stepped in and pushed the price higher to close in the green at $124.24 with a gain of 0.71% for the day. The total traded volume for the day was 1,212,576. The stock had closed at $123.36 in the previous trading session.

Anthem (ANTM) : During the past 4 weeks, traders have been relatively bearish on Anthem (ANTM), hence the stock is down -2.7% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.06% relative to the S&P 500. The 4-week change in the price of the stock is -2.83% and the stock has fallen -0.56% in the past 1 week.

Anthem, Inc. is a health benefit company. The Company offers a range of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations (PPOs), health maintenance organizations (HMOs), point-of-service (POS), plans, traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs), and hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company provides an array of specialty and other insurance products and services, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal health care.

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.