On a relative basis, the stock has outperformed the S&P 500 by 1.57% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.33% in the last 1 week, and is up 6.01% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.94% and the 50-Day Moving Average is 2.96%.
Home Depot (The) (NYSE:HD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $135.12 and $134.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $135.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $134.78, notching a gain of 0.18% for the day. The total traded volume was 5,322,955 . The stock had closed at $134.54 on the previous day.
The company Insiders own 0.26% of Home Depot (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.36% . Institutional Investors own 75.57% of Home Depot (The) shares. During last six month period, the net percent change held by insiders has seen a change of 66.78%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Home Depot Inc, Hewett Wayne M. had purchased shares worth of $46,386 in a transaction dated on May 31, 2016. A total of 350 shares were purchased at a price of $132.53 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.