Shares of H&R Block (HRB) Sees Large Inflow of Net Money Flow

H&R Block (HRB) stock had a bullish inflow of $1.02 million worth of trades on uptick and an outflow of $0.49 million in downticks on Friday. The total uptick to downtick ratio stood at 2.07. The net money flow into the stock was $0.53 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.59 million. $0.59 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, H&R Block (HRB) stock traded down $0.06 , and reached $21.51, a drop of -0.28% over the previous day. On a weekly basis, the stock is -11.34%, over the previous weeks close.


The company Insiders own 1.3% 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 92.73% 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, Brown Jeffrey, Officer (Chief Accounting And Risk Offi) of H&R BLOCK INC, unloaded 16,067 shares at an average price of $22.86 on June 30, 2016. The total amount of the transaction was worth $367,292, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

H&R Block (NYSE:HRB): The stock opened at $21.63 and touched an intraday high of $21.77 on Friday. During the day, the stock corrected to an intraday low of $21.37, however, the bulls stepped in and pushed the price higher to close in the green at $21.65 with a gain of 0.37% for the day. The total traded volume for the day was 3,762,998. The stock had closed at $21.57 in the previous trading session.

H&R Block (HRB) : During the past 4 weeks, traders have been relatively bearish on H&R Block (HRB), hence the stock is down -8.91% 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 -11.21% relative to the S&P 500. The 4-week change in the price of the stock is -9.03% and the stock has fallen -10.76% in the past 1 week.

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 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.

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