Shares of Wells Fargo & Company (NYSE:WFC) Sees Large Inflow of Net Money Flow

Wells Fargo & Company (NYSE:WFC) dropped slightly amid mild profit booking and the last known price was $46.76 per share. The price decreased by -0.09 points or -0.19% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $125.87 million. The total upticks were valued at $194.17 million and the total downticks aggregated to $68.31 million, thereby putting the up/down ratio at 2.84,. The shares have seen a change in the share price of -3.26% on a weekly basis.In a big block trade which occurred today, the total uptick value was $124.68 million and the total downtick value was $5.85, resulting in an up/down ratio of 21.3. The net money flow for the block trade was calculated to be $118.83 million.

Wells Fargo & Company has lost 3.6% in the last five trading days and dropped 4.21% in the last 4 weeks. Wells Fargo & Company has dropped 7.09% during the last 3-month period . Year-to-Date the stock performance stands at -12.95%.

Currently the company Insiders own 0.29% of Wells Fargo & Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.69% . Institutional Investors own 75.2% of Wells Fargo & Company shares. During last six month period, the net percent change held by insiders has seen a change of -5.99%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Wells Fargo & Company/Mn, Pena Federico F had purchased shares worth of $4,208 in a transaction dated on March 11, 2016. A total of 085 shares were purchased at a price of $49.5 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Wells Fargo & Company (NYSE:WFC) witnessed a decline in the market cap on Friday as its shares dropped 0.53% or 0.25 points. After the session commenced at $46.85, the stock reached the higher end at $47 while it hit a low of $46.52. With the volume soaring to 25,661,279 shares, the last trade was called at $46.6. The company has a 52-week high of $58.765. The company has a market cap of $236,590 million and there are 5,077,047,700 shares in outstanding. The 52-week low of the share price is $44.5.

Wells Fargo & Company is a financial services and bank holding company. The Companys segments are Community Banking, Wholesale Banking, and Wealth and Brokerage and Retirement. The Companys Community Banking segment offers a range of financial products and services for consumers and small businesses, including checking and savings accounts, credit and debit cards, and auto, student and small business lending. The Community Banking segments products include investment, insurance and trust services, and mortgage and home equity loans. The Community Banking segments products and business segments include middle market commercial banking, government and institutional banking, corporate banking and commercial real estate, among others. The Companys Wholesale Banking segment provides a range of financial solutions to businesses across the United States and around the world. The Wealth and Brokerage and Retirement segment provides a range of financial advisory services.

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.