Large Outflow of Money Witnessed in Harley-Davidson

Harley-Davidson (HOG) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (7.11 million) in Harley-Davidson (HOG). On Tuesday, The value of composite uptick trades was $29.39 million, whereas, the value of composite downtick trades was $36.49 million and the ratio between the two was 0.81, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $10.98 million. $0.87 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.08. The negative money flow of ($10.11 million) shows selling on strength. Harley-Davidson (HOG) gained $0.96 intraday at $49.61 and registrered 1.97% for the week.


The company Insiders own 0.99% of Harley-Davidson shares according to the proxy statements. Institutional Investors own 90.99% of Harley-Davidson shares. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Motor Co. Product & Ops) of Harley Davidson Inc, Kumbier Michelle had sold 26,667 shares worth of $1,233,349 in a transaction dated May 10, 2016. In this transaction, 26,667 shares were sold at $46.25 per share.

Shares of Harley-Davidson, Inc. rose by 2.58% in the last five trading days and 11.58% for the last 4 weeks. Harley-Davidson, Inc. is up 11.34% in the last 3-month period. Year-to-Date the stock performance stands at 11.21%.

Harley-Davidson (NYSE:HOG): stock turned positive on Tuesday. Though the stock opened at $49.25, the bulls momentum made the stock top out at $50.43 level for the day. The stock recorded a low of $49.17 and closed the trading day at $49.62, in the green by 1.99%. The total traded volume for the day was 3,673,506. The stock had closed at $48.65 in the previous days trading.

Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) segment and the Financial Services segment. The Motorcycles segment consists of HDMC, which designs, manufactures and sells street-legal Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services. The Companys products are sold to retail customers through a network of independent dealers. The Financial Services segment consists of HDFS, which provides wholesale and retail financing, and insurance and insurance-related programs to Harley-Davidson dealers and their retail customers. The Company conducts its business around the world, including in North America, Europe, the Middle East and Africa (EMEA); Asia-Pacific, and Latin America.

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