Shares of Huntington Bancshares Incorporated (HBAN) Sees Large Inflow of Net Money Flow

Huntington Bancshares Incorporated (HBAN) : $0.84 million worth of transactions were on upticks in Huntington Bancshares Incorporated (HBAN), compared to $0.19 million on downticks. The ratio between the two was 4.36, whereas, the net money flow stood at a healthy $0.65 million on Fridays session. The consistent buying on upticks in the stock accounted for $0.68million worth of trades. The total money flow into the stock stood at $0.68 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.4%. The stock was trading at $9.92, with a drop of $0.04 over the previous days close. The stock recorded 2.37% for the week.


The company Insiders own 1.65% of Huntington Bancshares Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.1% . Institutional Investors own 75.73% of Huntington Bancshares Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -8.7%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP & Controller) of Huntington Bancshares Inc/Md, Anderson David S. had sold 9,006 shares worth of $88,439 in a transaction dated August 29, 2016. In this transaction, 9,006 shares were sold at $9.82 per share.

Huntington Bancshares Incorporated (NASDAQ:HBAN): The stock opened at $10 and touched an intraday high of $10.05 on Friday. During the day, the stock corrected to an intraday low of $9.89, however, the bulls stepped in and pushed the price higher to close in the green at $10.02 with a gain of 0.60% for the day. The total traded volume for the day was 8,990,744. The stock had closed at $9.96 in the previous trading session.

Huntington Bancshares Incorporated (HBAN) : Traders are bullish on Huntington Bancshares Incorporated (HBAN) as it has outperformed the S&P 500 by a wide margin of 2.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.89%, 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 3.41% in the last 1 week, and is up 2.77% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Huntington Bancshares Incorporated (Huntington) is a diversified regional bank holding company. The Company operates through its subsidiary, The Huntington National Bank (the Bank). It provides commercial, small business, consumer and mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services. It operates in five segments: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate, Regional Banking and The Huntington Private Client Group, and Home Lending. Its loan portfolio includes commercial and industrial, commercial real estate, construction CRE, automobile, home equity, residential mortgage and consumer loans/leases. The Bank has approximately 14 private client group offices and 715 branches, including 404 in Ohio, 43 in Indiana, 179 in Michigan, 31 in West Virginia, 48 in Pennsylvania and 10 in Kentucky.

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