Large Outflow of Money Witnessed in Anthem, Inc.

Anthem, Inc. (ANTM) traded on a positive note gaining 3.07 points or 1.99% to be valued at $157.21 per share. Intraday, the shares aggregated $94.57 million in upticks but saw an exodus of $99.44 million in downticks. The net money flow was calculated to be $(-4.87) million with the final up/down ratio coming in at 0.95. The share price has seen a change of 2.52% in value during the week. Block trade of up/down ratio of 0.6 was also registered with $5.32 million in upticks and $8.88 million in downticks. The net money flow for the block exchange was disappointing at $(-3.56) Million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Anthem, Inc. rose by 4.61% in the last five trading days and 11.84% for the last 4 weeks. Anthem, Inc. is up 32.55% in the last 3-month period. Year-to-Date the stock performance stands at 11.84%. Anthem, Inc. (NYSE:ANTM) rose 4.31% or 6.65 points on Wednesday and made its way into the gainers of the day. After trading began at $155 the stock was seen hitting $160.79 as a peak level and $154.37 as the lowest level. The stock ended up at $160.79. The daily volume was measured at 4,345,162 shares. The 52-week high of the share price is $160.79 and the 52-week low is $114.85. The company has a market cap of $42,358 million.

Company has reported several Insider transactions to the SEC, on Jan 10, 2017, Jose D. Tomas (EVP & Chief HR Officer) sold 6,500 shares at 142.92 per share price.On Dec 13, 2016, Joseph Swedish (Chair, President & CEO) sold 8,176 shares at 144.31 per share price.On Nov 22, 2016, Ronald W Penczek (SVP, Chief Accounting Officer) sold 820 shares at 138.29 per share price.

Anthem Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $1.67. The company had revenue of $21484.90 million for the quarter, compared to analysts expectations of $20899.97 million. The companys revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Anthem Inc was Downgraded by Stifel on Jan 4, 2017 to Hold, Price Target of the shares are set at $155.Anthem Inc was Initiated by Piper Jaffray to Neutral on Jan 4, 2017. Anthem Inc was Upgraded by Wells Fargo to Outperform on Nov 15, 2016.

Anthem Inc. is a health care company. The company provides medical products, through its subsidiaries. It operates through Commercial, Consumer and Other segments. The Company offers managed care plans to the large and small employer, individual, Medicaid and senior markets. Anthem, Inc., formerly known as WellPoint, Inc., is headquartered in Indianapolis, Indiana.


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