Shares of Lamar Advertising Company (LAMR) Sees Large Inflow of Net Money Flow

Lamar Advertising Company (LAMR) : Fridays money flow indicated an uptick to downtick ratio was at 1.19. The total value of inflow transactions on upticks was $5.26 million, whereas, the total value of outflow trades on downticks was $4.41 million. The total money flow was $0.85 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.03 million. The total value of the trades done on upticks was $1.03 million. Lamar Advertising Company (LAMR) was trading with a -0.06% change over previous days close. It fell $0.04 during the day and reached $62.94. The stock was 0.4% compared to the previous weeks close.


The company Insiders own 18.66% of Lamar Advertising Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.8% . Institutional Investors own 80.29% of Lamar Advertising Company shares. During last six month period, the net percent change held by insiders has seen a change of -27.8%.

In a related news,The director of Lamar Advertising Co/New, Mumblow Stephen P sold 10,000 shares at $63.5 on June 16, 2016. The Insider selling transaction had a total value worth of $635,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Lamar Advertising Company (NASDAQ:LAMR): The stock was completely flat for the day, closing at $62.98 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $63.25, the stock touched an intraday high of $64.23 and a low of $62.67. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $62.98. The total trading volume on Friday was 456,853.

Lamar Advertising Company (LAMR) : During the past 4 weeks, traders have been relatively bearish on Lamar Advertising Company (LAMR), hence the stock is down -3.81% 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 -0.04% relative to the S&P 500. The stock has risen by 0.46% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.94% in the past 4 weeks.

Lamar Advertising Company is an outdoor advertising company in the United States. The Company operates in the advertising segment. The Company sells advertising on billboards, buses, shelters, benches and logo plates. It operates three types of outdoor advertising displays: billboards, logo signs and transit advertising displays. As of December 31, 2012, the Company owned and operated over 144,000 billboard advertising displays in 44 states, Canada and Puerto Rico, over 115,000 logo advertising displays in 22 states and the province of Ontario, Canada, and operated over 34,000 transit advertising displays in 15 states, Canada and Puerto Rico. In August 2014, the Company acquired the assets of Marco Outdoor Advertising, Inc.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.