Shares of The Kraft Heinz Company (KHC) Sees Large Inflow of Net Money Flow

The Kraft Heinz Company (KHC) : Investors lapped up stocks on upticks to the tune of $27.14 million in the Fridays trading session. The trading value on downticks was comparatively at $20.58 million and the uptick to downtick ratio of 1.32 indicates continuous buying by the bulls. The net money flow into the stock was $6.56 million. The block trades were dominated by the bulls with a healthy 5.82, uptick to downtick ratio. Only $1.3 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $7.55 clearly indicating buying by large investors. The total money flow for block trades stood at $6.25 million, which is a positive for the stock in the long-term. The Kraft Heinz Company (KHC) fell $0.29 during the day at $89.19, a drop of -0.32% over the previous days close. However, for the week, the stock is 1.16%, compared to the previous week.


The company Insiders own 26.92% of The Kraft Heinz Company shares according to the proxy statements. Institutional Investors own 61.34% of The Kraft Heinz Company shares.

In a related news, Jackson Jeanne P, director of Kraft Heinz Co had purchased 4,330 shares on October 28, 2015 in a transaction. The price per share was $75.4 and the total amount of the disclosed transaction was $326,482.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

The Kraft Heinz Company (NASDAQ:KHC): The stock opened at $89.9 and touched an intraday high of $90.54 on Friday. During the day, the stock corrected to an intraday low of $89.11, however, the bulls stepped in and pushed the price higher to close in the green at $89.61 with a gain of 0.15% for the day. The total traded volume for the day was 2,062,089. The stock had closed at $89.48 in the previous trading session.

The Kraft Heinz Company (KHC) : Traders are bullish on The Kraft Heinz Company (KHC) as it has outperformed the S&P 500 by a wide margin of 1.06% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.12%, 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 1.63% in the last 1 week, and is up 0.92% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The Kraft Heinz Company, formerly H.J. Heinz Holding Corporation, is a food and beverage company. The Company provides taste and nutrition foods for all eating occasions. The Companys brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta.

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.