Shares of Urban Outfitters (URBN) Sees Large Inflow of Net Money Flow

Urban Outfitters (URBN) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $0.48 million worth of transactions were on upticks, whereas, the downticks accounted for $0.19 million worth of transactions. The net money flow was a positive $0.29 million and the uptick to downtick ratio was 2.49. The net money flow into the stock was $0.36 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.36 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Urban Outfitters (URBN) was trading at $35.5, down $0.28 during day. The stock slid -0.78% over the previous days close. For the week, the stock recorded -4.62% over the previous weeks close.


The company Insiders own 24.3% of Urban Outfitters shares according to the proxy statements. Institutional Investors own 73.03% of Urban Outfitters shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Financial Officer) of Urban Outfitters Inc, Conforti Frank had sold 4,000 shares worth of $149,680 in a transaction dated August 19, 2016. In this transaction, 4,000 shares were sold at $37.42 per share.

Urban Outfitters (NASDAQ:URBN): The stock opened at $35.81 and touched an intraday high of $36.17 on Friday. During the day, the stock corrected to an intraday low of $35.23, however, the bulls stepped in and pushed the price higher to close in the green at $36.1 with a gain of 0.89% for the day. The total traded volume for the day was 2,356,049. The stock had closed at $35.78 in the previous trading session.

Urban Outfitters (URBN) has risen sharply, recording gains of 19.74% in the past 4 weeks. However, the stock has corrected -3.01% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 19.89% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle retail company. The Company operates through two business segments: Retail and Wholesale. The Retail segment consists of the Companys Urban Outfitters, Anthropologie Group, Free People and Terrain brands, whose merchandise is sold directly to the Companys customers through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Urban Outfitters targets young adults aged 18 to 28. The Anthropologie Group consists of the Anthropologie and Bhldn brands. Free People retail stores offer private label branded merchandise targeted to young contemporary women aged 25 to 30. Terrain brand is designed for women and men interested in a creative, outdoor living and gardening. The Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young womens contemporary casual apparel.

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