Shares of Hershey Company (The) (HSY) Sees Large Inflow of Net Money Flow

Hershey Company (The) (HSY) : Hershey Company (The) (HSY) had a healthy money flow of $14.27 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $33.18 million, whereas, investors only sold shares worth $18.91 million on downticks. The stock closed the day with an up-down ratio of 1.75.The money flow in the block trades to the tune of $12.55 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $12.55 million worth of transactions were on upticks. Hershey Company (The) (HSY) stock slid $0.35 intraday and traded at 99.54, a change of -0.35% over previous days close. However, for the week, the company shares are -10.23% compared to previous weeks close.


The company Insiders own 0.68% of Hershey Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.09% . Institutional Investors own 53.33% of Hershey Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -1.81%.

In a related news, Wege D Michael, officer (SVP, GS, India, ME, Comm & CSR) of Hershey Co, unloaded 1,100 shares at an average price of $111.41 on August 15, 2016. The total amount of the transaction was worth $122,551, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Hershey Company (The) (NYSE:HSY): stock was range-bound between the intraday low of $99.17 and the intraday high of $100.2603 after having opened at $100 on Fridays session. The stock finally closed in the red at $100, a loss of -0.24%. The stock remained in the red for the whole trading day. The total traded volume was 2,461,281 shares. The stock failed to cross $100.2603 in Fridays trading. The stocks closing price on Thursday was $99.54.

Hershey Company (The) (HSY) : During the past 4 weeks, traders have been relatively bearish on Hershey Company (The) (HSY), hence the stock is down -10.94% 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 -10.89% relative to the S&P 500. The 4-week change in the price of the stock is -11.06% and the stock has fallen -10.44% in the past 1 week.

The Hershey Company (Hershey) is a provider of chocolate and sugar confectionery. The Companys principal confectionery offerings include chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings and beverages; snack items, such as spreads, and gum and mint refreshment products. The Company operates through two segments: North America and International and Other. The North America segment is responsible for its chocolate and sugar confectionery business in the United States and Canada. The International and Other segment includes all other countries where the Company manufactures, imports, markets, sells or distributes chocolate, sugar confectionery and other products. This includes operations in Asia, Latin America, Europe, Africa and the Middle East, along with exports to these regions. This segment also includes its global retail operations, including Hersheys Chocolate World stores.

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.