Leidos Holdings (LDOS) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $5.17 million worth of transactions were on upticks, whereas, the downticks accounted for $3.69 million worth of transactions. The net money flow was a positive $1.48 million and the uptick to downtick ratio was 1.4. The net money flow into the stock was $1.1 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $1.1 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Leidos Holdings (LDOS) was trading at $40.63, down $0.12 during day. The stock slid -0.29% over the previous days close. For the week, the stock recorded 2.73% over the previous weeks close.
The company Insiders own 1.7% of Leidos Holdings shares according to the proxy statements. Institutional Investors own 62.06% of Leidos Holdings shares.
In a related news, Shapard Robert S, director of Leidos Holdings, Inc., executed a transaction worth $188,160 on March 14, 2016. A total of 4,000 shares were purchased at an average price of $47.04. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Leidos Holdings (NYSE:LDOS): The stock opened at $40.42 and touched an intraday high of $41.21 on Friday. During the day, the stock corrected to an intraday low of $40.42, however, the bulls stepped in and pushed the price higher to close in the green at $41.2 with a gain of 1.10% for the day. The total traded volume for the day was 2,627,181. The stock had closed at $40.75 in the previous trading session.
Leidos Holdings (LDOS) has been under a strong bear grip, hence the stock is down -14.3% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.65% in the past 1 week. The stock has risen by 4.17% in the past week indicating that the buyers are active at lower levels, but the stock is down -14.42% in the past 4 weeks.