Shares of Blackhawk Network Holdings (HAWK) Sees Large Inflow of Net Money Flow

Blackhawk Network Holdings (HAWK) stock had a bullish inflow of $7.5 million worth of trades on uptick and an outflow of $5.08 million in downticks on Monday. The total uptick to downtick ratio stood at 1.48. The net money flow into the stock was $2.42 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 $2.63 million. $2.63 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Blackhawk Network Holdings (HAWK) stock traded down $0.6 , and reached $33.41, a drop of -1.76% over the previous day. On a weekly basis, the stock is 0.18%, over the previous weeks close.


Blackhawk Network Holdings, Inc. has dropped 4.51% during the last 3-month period . Year-to-Date the stock performance stands at -24.32%. Blackhawk Network Holdings, Inc. has dropped 0.24% in the last five trading days, however, the shares have posted positive gains of 0.45% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Lockie Joan B, officer (Chief Accounting Officer) of Blackhawk Network Holdings, Inc, had unloaded 403 shares at an average price of $31.77 in a transaction dated on May 17, 2016. The total value of the transaction was worth $12,803.

Blackhawk Network Holdings (NASDAQ:HAWK): On Mondays trading session , Opening price of the stock was $33.99 with an intraday high of $33.99. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $33.25. However, the stock managed to close at $33.46, a loss of 1.62% for the day. On the previous day, the stock had closed at $34.01. The total traded volume of the day was 1,506,081 shares.

Blackhawk Network Holdings, Inc. (Blackhawk) is a prepaid payment network. The Company offers a range of prepaid gift, telecom and debit cards, in physical and electronic forms, and related prepaid products and payment services in the United States and 21 other countries. It operates in two segments: US Retail and Incentives & Rewards, and International Retail. US Retail and Incentives & Rewards segment consists of the various operating segments of its United States retail products, online channel, secondary card market and incentive and reward solutions and derives revenues from sales of prepaid products to consumers at its United States retail distribution partners, online and through its card exchange and prepaid products to consumers through business clients. Its International Retail segment consists of the various operating segments of its geographic regions and derives revenues from sales of prepaid products to consumers at its international retail distribution partners.

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