Marathon Petroleum Corporation (MPC): $10.52 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.44. The value of trades done on upticks was $34.39 million, whereas, trades done on downticks were valued at $23.88 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $12.12 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $2.27 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 5.35 was strongly in favor of the bulls. The money flow in block trades was $9.85 million. Marathon Petroleum Corporation (MPC) fell $0.6 traded at $41.91, a change of -1.41% over the previous day. The stock is 0.14% for the week.
The company Insiders own 1.03% of Marathon Petroleum Corporation shares according to the proxy statements. Institutional Investors own 80.36% of Marathon Petroleum Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 84.14%.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Marathon Petroleum Corp, Davis Steven A, had purchased 1,500 shares in a transaction dated on May 26, 2016. The transaction was executed at $34.7 per share with total amount equaling $52,050.
Marathon Petroleum Corporation (NYSE:MPC): The stock opened at $42.37 and touched an intraday high of $42.53 on Friday. During the day, the stock corrected to an intraday low of $41.77, however, the bulls stepped in and pushed the price higher to close in the green at $42.32 with a gain of 0.98% for the day. The total traded volume for the day was 3,164,782. The stock had closed at $41.91 in the previous trading session.
Marathon Petroleum Corporation (MPC) : Traders are bullish on Marathon Petroleum Corporation (MPC) as it has outperformed the S&P 500 by a wide margin of 1.11% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.62%, 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 1.12% in the last 1 week, and is up 0.98% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Marathon Petroleum Corporation (MPC) is engaged petroleum product refining, marketing, retail and transportation businesses. It has three segments: Refining & Marketing, which refines crude oil and other feedstocks at its seven refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products; Speedway, which sells transportation fuels and convenience products in the retail market in the Midwest, East Coast and Southeast, and Pipeline Transportation, which transports crude oil and other feedstocks to its refineries and other locations, delivers refined products to wholesale and retail market areas and includes the aggregated operations of MPLX LP.