Campbell Soup Company (CPB) : Investors lapped up stocks on upticks to the tune of $104.81 million in the Fridays trading session. The trading value on downticks was comparatively at $95.65 million and the uptick to downtick ratio of 1.1 indicates continuous buying by the bulls. The net money flow into the stock was $9.16 million. The block trades were dominated by the bulls with a healthy 6.88, uptick to downtick ratio. Only $2.85 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $19.62 clearly indicating buying by large investors. The total money flow for block trades stood at $16.77 million, which is a positive for the stock in the long-term. Campbell Soup Company (CPB) fell $3.81 during the day at $56.91, a drop of -6.27% over the previous days close. However, for the week, the stock is -5.9%, compared to the previous week.
The company Insiders own 37.7% of Campbell Soup Company shares according to the proxy statements. Institutional Investors own 44.19% of Campbell Soup Company shares.
In a related news, The Securities and Exchange Commission has divulged that Carolan Edward, officer (Senior Vice President) of Campbell Soup Co, had unloaded 5,000 shares at an average price of $61.93 in a transaction dated on March 4, 2016. The total value of the transaction was worth $309,650.
Campbell Soup Company (NYSE:CPB): The stock opened at $56.7 and touched an intraday high of $58.07 on Friday. During the day, the stock corrected to an intraday low of $56.7, however, the bulls stepped in and pushed the price higher to close in the green at $57.73 with a gain of 1.44% for the day. The total traded volume for the day was 3,420,935. The stock had closed at $56.91 in the previous trading session.
Campbell Soup Company (CPB) : During the past 4 weeks, traders have been relatively bearish on Campbell Soup Company (CPB), hence the stock is down -5.73% 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 -5.03% relative to the S&P 500. The 4-week change in the price of the stock is -5.85% and the stock has fallen -4.55% in the past 1 week.
Campbell Soup Company manufactures and markets food products. The Companys segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages, and Bolthouse and Foodservice. Its U.S. Simple Meals segment includes various products, such as Campbells condensed and ready-to-serve soups; Prego pasta sauces, and Pace Mexican sauces. Its Global Baking and Snacking segment includes Pepperidge Farm cookies, crackers, bakery and frozen products in the United States retail. Its International Simple Meals and Beverages segment includes retail business in Canada. Its U.S. Beverages segment includes various products, such as V8 juices and beverages, and Campbells tomato juice. Its Bolthouse and Foodservice segment comprises the Bolthouse Farms carrot products operating segment, including fresh carrots, juice concentrate and fiber. Its brands include Arnotts, Bolthouse Farms, Campbells, Garden Fresh Gourmet, Goldfish, Kjeldsens and Pace.