Shares of Cigna Corporation (NYSE:CI) Sees Large Inflow of Net Money Flow

The shares of Cigna Corporation (NYSE:CI) traded with a loss of -1.58 points or -1.23% in the most recent session. The shares last traded at $126.5. As per the trading info, the shares saw $67.29 million in upticks and lost $26.54 million in downticks, resulting in a net money flow of $40.75 million. The up/down ratio for the day was measured at 2.54. For the week, the shares had posted -2.47%.From the block trade data available, the total upticks were valued at $41.56 million and the total downticks were valued at $1.9 million, thereby putting the up/down ratio at 21.85. The net money flow for the block transaction was $39.65 million.


Currently the company Insiders own 1.2% of Cigna Corporation shares according to the proxy statements. Institutional Investors own 88.88% of Cigna Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.71%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Cordani David, director officer (President & CEO) of Cigna Corp, had unloaded 71,006 shares at an average price of $139.16 in a transaction dated on March 4, 2016. The total value of the transaction was worth $9,881,195.

Cigna Corporation (NYSE:CI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.58 points or 1.23% at $126.5 with 1,312,548 shares getting traded. Post opening the session at $127.32, the shares hit an intraday low of $126.23 and an intraday high of $128.91 and the price was in this range throughout the day. The company has a market cap of $32,449 million and the number of outstanding shares have been calculated to be 256,513,080 shares. The 52-week high of Cigna Corporation (NYSE:CI) is $170.68 and the 52-week low is $123.54.

Cigna Corporation (Cigna), together with its subsidiaries, is a health services company. The Company offers medical, dental, disability, life and accident insurance and related products and services. The Company operates in three segments: Global Health Care, Global Supplemental Benefits and Group Disability and Life. The Global Health Care segment aggregates the commercial and Government operating segments. The Global Supplemental Benefits segment offers supplemental health, life and accident insurance products. The Group Disability and Life segment provides group long-term and short-term disability insurance, group life insurance, accident and specialty insurance and related services. Cigna offers commercial health and dental insurance, Medicare and Medicaid products and health, life and accident insurance coverages to individuals. It offers personal accident insurance coverage, consisting of accidental death and dismemberment and travel accident insurance.

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