H&R Block (HRB) : Traders are bullish on H&R Block (HRB) as it has outperformed the S&P 500 by a wide margin of 0.15% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.37%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.88% in the last 1 week, and is up 4.52% 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 5.27% and the 50-Day Moving Average is 11.79%.
H&R Block (NYSE:HRB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.93 and $23.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.27, notching a gain of 1.97% for the day. The total traded volume was 5,419,094 . The stock had closed at $23.80 on the previous day.
The company Insiders own 1.13% of H&R Block shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.48% . Institutional Investors own 92.21% of H&R Block shares. During last six month period, the net percent change held by insiders has seen a change of -1.48%. In a related news, The Securities and Exchange Commission has divulged that Brown Jeffrey, Officer (Chief Accounting And Risk Offi) of H&R BLOCK INC, had unloaded 16,067 shares at an average price of $22.86 in a transaction dated on June 30, 2016. The total value of the transaction was worth $367,292.
H&R Block, Inc. (H&R Block) is a holding company. The Company, through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, and its territories, Canada and Australia. The Company offers a range of online tax services, from tax advice to complete professional and DIY tax return preparation and electronic filing, through its Website at www.hrblock.com. Services available at this Website allow clients to prepare their federal and state income tax returns using online tax program, access tax tips, advice and tax-related news, and use calculators for tax planning. The Company develops and markets DIY desktop income tax preparation software. It develops and offers applications for mobile devices, which provide tax and related services to clients.