Shares of AT&T (NYSE:T) Sees Large Inflow of Net Money Flow

AT&T (NYSE:T) dropped -0.02% or -0.01 points to trade at $40.48 per share. As per the latest trading data available, the net money flow stood at $124.59 million as the shares received $155.32 million in upticks and gave away $30.73 million in downticks. The final up/down ratio was at 5.05. On a weekly basis, the stock has seen a change of 0.37%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 73.27. $128.99 million was the inflow in upticks and $1.76 million was the outflow in downticks. For the block trade, the net money flow was $127.23 million.

Shares of AT&T, Inc. rose by 0.99% in the last five trading days and 5.93% for the last 4 weeks. AT&T, Inc. is up 6.94% in the last 3-month period. Year-to-Date the stock performance stands at 21.52%.

Currently the company Insiders own 0.07% of AT&T shares according to the proxy statements. Institutional Investors own 54.28% of AT&T shares. . On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of At&T Inc., Rose Matthew K had purchased shares worth of $749,593 in a transaction dated on August 6, 2015. A total of 21,950 shares were purchased at a price of $34.15 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

AT&T (NYSE:T) rose 0.59% or 0.24 points on Friday and made its way into the gainers of the day. After trading began at $40.54 the stock was seen hitting $40.86 as a peak level and $40.33 as the lowest level. The stock ended up at $40.73. The daily volume was measured at 27,265,958 shares. The 52-week high of the share price is $40.86 and the 52-week low is $30.97. The company has a market cap of $250,734 million.

AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services. Its segments include Wireless, Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services, AT&T U-verse broadband, video and voice services (U-verse) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary, DIRECTV Group Holdings, LLC, it provides pay television in the United States and across the world.

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.