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

AT&T (T) stock had a bullish inflow of $169.84 million worth of trades on uptick and an outflow of $94.42 million in downticks on Friday. The total uptick to downtick ratio stood at 1.8. The net money flow into the stock was $75.42 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $67.95 million. An inflow of $21 million block trade was recorded on downticks. $88.96 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 4.24 in favor of the bulls. However, AT&T (T) stock traded down $0.01 , and reached $40.95, a drop of -0.02% over the previous day. On a weekly basis, the stock is 0.66%, over the previous weeks close.


The company Insiders own 0.07% of AT&T shares according to the proxy statements. Institutional Investors own 53.91% of AT&T shares.

In a related news,The officer (CEO?AT&T Entertainment Group) of At&T Inc., Stankey John T sold 2,131 shares at $43.38 on July 22, 2016. The Insider selling transaction had a total value worth of $92,443. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

AT&T (NYSE:T): stock was range-bound between the intraday low of $40.74 and the intraday high of $41.38 after having opened at $41.09 on Fridays session. The stock finally closed in the red at $41.09, a loss of -0.02%. The stock remained in the red for the whole trading day. The total traded volume was 19,066,997 shares. The stock failed to cross $41.38 in Fridays trading. The stocks closing price on Thursday was $40.96.

AT&T (T) has been under a strong bear grip, hence the stock is down -4.99% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.16% in the past 1 week. The stock has risen by 0.66% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.12% in the past 4 weeks.

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.

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