Shares of Verizon Communications (NYSE:VZ) Sees Large Inflow of Net Money Flow

Verizon Communications (NYSE:VZ) traded negative at $53.4. On an intraday basis, the price dropped -0.07 points or -0.12%. The composite uptick value was $178.19 million while the combined downtick value was $40.27. The net money flow was $137.92 million while the up/down ratio was not very comforting at 4.42. The shares on a weekly note has seen a change in share price of 1.38%.According to the trading data, the shares saw a block trade with $142 million in upticks and $0.58 million in downticks. The up/down ratio for the block was calculated to be 246.08. The net money flow for the block trade was 141.43.

Shares of Verizon Communications Inc. rose by 2.11% in the last five trading days and 6.73% for the last 4 weeks. Verizon Communications Inc. is up 2.08% in the last 3-month period. Year-to-Date the stock performance stands at 19.03%.

Currently the company Insiders own 0.1% of Verizon Communications shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.85% . Institutional Investors own 64.58% of Verizon Communications shares. During last six month period, the net percent change held by insiders has seen a change of -17.65%. . On the companys insider trading activities, Silliman Craig L., officer (EVP of PubPolicy & Gen Counsel) of Verizon Communications Inc, unloaded 672 shares at an average price of $49.8 on May 26, 2016. The total amount of the transaction was worth $33,466, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Verizon Communications (NYSE:VZ) rose 0.6% or 0.32 points on Friday and made its way into the gainers of the day. After trading began at $53.43 the stock was seen hitting $53.78 as a peak level and $53.01 as the lowest level. The stock ended up at $53.78. The daily volume was measured at 18,836,250 shares. The 52-week high of the share price is $54.49 and the 52-week low is $38.06. The company has a market cap of $219,223 million.

Verizon Communications Inc. (Verizon) is a holding company that, acting through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment includes the Cellco Partnership doing business as Verizon Wireless. Wireless communications products and services include wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the United States. Wirelines voice, data and video communications products and services include broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. Verizon provides these products and services to consumers in the United States, as well as to carriers, businesses and government customers both in the United States and around the world.

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