TD Ameritrade Holding Corporation (AMTD) has risen sharply, recording gains of 4.95% in the past 4 weeks. However, the stock has corrected -1.88% 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 3.87% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.75% and the 50-Day Moving Average is 4.05%. TD Ameritrade Holding Corporation (NYSE:AMTD): On Fridays trading session , Opening price of the stock was $30.5 with an intraday high of $30.78. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $30.32. However, the stock managed to close at $30.77, a loss of 0.61% for the day. On the previous day, the stock had closed at $30.96. The total traded volume of the day was 1,287,208 shares.
The company Insiders own 0.79% of TD Ameritrade Holding Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.69% . Institutional Investors own 47.39% of TD Ameritrade Holding Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -11.48%. Also, In the latest statement by the brokerage house, Barclays maintains its outlook on TD Ameritrade Holding Corporation (NYSE:AMTD). The current rating of the shares is Equal-weight, according to the research report released by the firm. The brokerage firm raises the price target from $30 per share to $32 per share. The rating by the firm was issued on August 9, 2016.
TD Ameritrade Holding Corporation (TD Ameritrade) is an investment banking and a retail discount securities brokerage company. The parent company is Delaware Corporation. The Company provides securities brokerage services and related technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company offers various products and services to its client, primarily, trading in common and preferred stocks, American Depository Receipts, closed-end funds, Exchange Traded Funds, Futures & Options, Foreign Exchange, Mutual Funds, Fixed Income securities, New and secondary issue securities, Margin lending, Cash Management Services and Annuities. The Companys client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.