Shares of Southern Company (The) (NYSE:SO) Sees Large Inflow of Net Money Flow

Southern Company (The) (NYSE:SO) witnessed a selling pressure and the shares last traded with a loss of -0.04 points or -0.08% at $51.02. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $41.98 million with an inflow of $58.79 million in upticks and an outflow of $16.8 million in downticks. Using the data, the up/down ratio is found to be 3.5. The share price has recorded -0.18% on a weekly basis.A block trade of $41.75 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $41.75, signaling heavy buying.

Shares of Southern Company rose by 0.08% in the last five trading days and 6.47% for the last 4 weeks. Southern Company is up 1.9% in the last 3-month period. Year-to-Date the stock performance stands at 11.78%.

Currently the company Insiders own 1% of Southern Company (The) shares according to the proxy statements. Institutional Investors own 49.98% of Southern Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -18.9%. . On the companys insider trading activities, The officer (Pres. & CEO, Southern Nuclear), of Southern Co, Kuczynski Stephen E had unloaded 62,729 shares at $51.43 per share in a transaction on May 4, 2016. The total value of transaction was $3,226,152. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Southern Company (The) (NYSE:SO) rose 0.18% or 0.09 points on Friday and made its way into the gainers of the day. After trading began at $51.18 the stock was seen hitting $51.21 as a peak level and $50.6642 as the lowest level. The stock ended up at $51.15. The daily volume was measured at 9,984,898 shares. The 52-week high of the share price is $51.79 and the 52-week low is $41.4. The company has a market cap of $46,969 million.

Southern Company is an operating public utility company. The primary business of the Southern Company is electricity sales by the traditional operating companies and Southern Power. Southern Companys business segments are the sale of electricity by the four traditional operating companies and Southern Power. The four traditional operating companies, including Alabama Power, Georgia Power, Gulf Power and Mississippi Power, are vertically integrated utilities providing electric service in four Southeastern states. Southern Company owns all of the common stock of Southern Power Company, which is also an operating public utility company. Southern Power constructs, acquires, owns, and manages generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Company also operates the All Other segment.

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