Shares of CVS Health Corporation (NYSE:CVS) Sees Large Inflow of Net Money Flow

CVS Health Corporation (NYSE:CVS) dropped by -0.65 or -0.62 points during the last session to $94.91 per share. One of the highlights of the day was the net money flow figure, which stood at $88.73 million even as the stock accepted $152.21 million in upticks but rejected $63.48 million in downticks. The up/down ratio for the last observation was a 2.4. The 1-week percentage change for the stock price is registered at -1.82%.A block transaction occurred with $96.72 million in upticks and $6.32 million in downticks while the up/down ratio was calculated to be 15.3. The stock witnessed a net inflow of $90.4 million at the end of the block trade.

CVS Health Corporation has lost 1.89% in the last five trading days and dropped 6.58% in the last 4 weeks. CVS Health Corporation has dropped 6.25% during the last 3-month period . Year-to-Date the stock performance stands at -2.16%.

Currently the company Insiders own 0.58% of CVS Health Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.31% . Institutional Investors own 85.28% of CVS Health Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.69%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (President and CEO) of Cvs Health Corp, Merlo Larry J had sold 38,247 shares worth of $4,015,935 in a transaction dated May 5, 2016. In this transaction, 38,247 shares were sold at $105 per share.

CVS Health Corporation (NYSE:CVS) witnessed a decline in the market cap on Friday as its shares dropped 0.72% or 0.69 points. After the session commenced at $95.65, the stock reached the higher end at $95.68 while it hit a low of $94.47. With the volume soaring to 9,142,716 shares, the last trade was called at $94.84. The company has a 52-week high of $113.65. The company has a market cap of $101,860 million and there are 1,074,022,090 shares in outstanding. The 52-week low of the share price is $81.37.

CVS Health Corporation, together with its subsidiaries, is a pharmacy company. The Company operates through three business segments: Pharmacy Services, Retail Pharmacy and Corporate. The Pharmacy Services segment provides a range of pharmacy benefit management (PBM) services and operates under the CVS/caremark Pharmacy Services, Novologix and Navarro Health Services names. The Retail Pharmacy segment sells prescription drugs and an assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, photo finishing, seasonal merchandise and greeting cards through the Companys retail stores, online retail pharmacy Websites and retail healthcare clinics. The Corporate segment provides management and administrative services to support the overall operations of the Company. The Company, through its wholly owned subsidiary, Omnicare, Inc., provides pharmacy services to long term care facilities.

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