Shares of Lincoln National Corporation (LNC) Sees Large Outflow of Money

Lincoln National Corporation (LNC) : The total money flow in Lincoln National Corporation (LNC) was negative ($6.03 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $34.55 million. In comparison, the inflow of money into the stock on upticks was $28.51 million. The uptick to downtick ratio was 0.83. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $14.76 million. The value of transactions on uptick was $5.48 million. The negative money flow of ($9.28 million) confirms the selling in Lincoln National Corporation (LNC) on strength. The uptick to downtick ratio of block trades was 0.37. Lincoln National Corporation (LNC) gained $1.91 at $42.87, a gain of 4.66% over the previous days close. However, the stock registered 10.26% in the week.


The stock has recorded a 20-day Moving Average of 8.06% and the 50-Day Moving Average is 1.88%. Shares have dropped -32.44% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $59.51 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $42.14 and the 200 Day Moving Average price is recorded at $40.96.

Lincoln National Corporation (NYSE:LNC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $42.17 and $41.76 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $42.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $42.87, notching a gain of 4.66% for the day. The total traded volume was 3,834,980 . The stock had closed at $40.96 on the previous day.

In an insider trading activity,The (President – Ins. Sol. and Ann.) of Lincoln National Corp, Konen Mark E sold 16,000 shares at $45.26 on May 18, 2016. The Insider selling transaction had a total value worth of $724,160. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. The Company sells a range of wealth protection, accumulation and retirement income products and solutions, through its business segments. These products include fixed and indexed annuities, variable annuities, universal life insurance, variable universal life insurance, linked-benefit UL, term life insurance, indexed universal life insurance, employer-sponsored retirement plans and services, and group life, disability and dental. It operates in four segments: Annuities offers fixed (including indexed) and variable annuities. Retirement Plan Services provides employers with retirement plan products and services. Life Insurance focuses in the creation and protection of wealth through life insurance products. Group Protection offers principally group non-medical insurance products.

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