L Brands (LB) : $22.56 million worth of transactions were on upticks in L Brands (LB), compared to $18.79 million on downticks. The ratio between the two was 1.2, whereas, the net money flow stood at a healthy $3.76 million on Fridays session. The consistent buying on upticks in the stock accounted for $3.68million worth of trades. The total money flow into the stock stood at $3.68 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.83%. The stock was trading at $74.19, with a drop of $0.62 over the previous days close. The stock recorded -2.71% for the week.
The company Insiders own 16.45% of L Brands shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -63.07% . Institutional Investors own 75.33% of L Brands shares. During last six month period, the net percent change held by insiders has seen a change of -65.94%.
In a related news, The Securities and Exchange Commission has divulged that Mcguigan Charles, officer (Chief Operating Officer) of L Brands, Inc., had unloaded 23,687 shares at an average price of $76.37 in a transaction dated on August 30, 2016. The total value of the transaction was worth $1,808,976.
L Brands (NYSE:LB): stock was range-bound between the intraday low of $74.12 and the intraday high of $75.7 after having opened at $74.94 on Fridays session. The stock finally closed in the red at $74.94, a loss of -0.83%. The stock remained in the red for the whole trading day. The total traded volume was 1,596,861 shares. The stock failed to cross $75.7 in Fridays trading. The stocks closing price on Thursday was $74.81.
L Brands (LB) : During the past 4 weeks, traders have been relatively bearish on L Brands (LB), hence the stock is down -0.44% 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 -3.2% relative to the S&P 500. The 4-week change in the price of the stock is -0.58% and the stock has fallen -2.71% in the past 1 week.
L Brands, Inc. operates specialty retail business. The Company is a specialty retailer of womens intimate and other apparel, beauty and personal care products and accessories. It operates in three segments: Victorias Secret, which includes Victorias Secret PINK, which is the specialty retailer of womens intimate and other apparel with fashion-inspired collections, prestige fragrances, celebrated supermodels and world-famous runway shows; Bath & Body Works, which is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers, and Victorias Secret and Bath & Body Works International, which includes the Victorias Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. It sells its merchandise through company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through its Websites and other channels.