Large Inflow of Money Witnessed in Deere & Company

Deere & Company (NYSE:DE) : The money flow analysis of Deere & Company (NYSE:DE) indicates a $30.54 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $30.89 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.01 and so was the total money flow at $0.35 million. The bulls lapped up $2.27 million worth of block trades on upticks. The money flow was $2.27 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Deere & Company (NYSE:DE), pushing it down by -0.04% for the day. The stock slid $0.03 and traded at $81.35 during the day. Nonetheless, the stock is -0.45% over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Kalathur Rajesh, officer (Senior Vice President & CFO) of Deere & Co, had unloaded 4,366 shares at an average price of $79.52 in a transaction dated on December 2, 2015. The total value of the transaction was worth $347,184. Currently the company Insiders own 0.75% of Deere & Company shares according to the proxy statements. Institutional Investors own 73.22% of Deere & Company shares.

The company shares have dropped -15.40% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $97.70 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $83.42 and the 200 Day Moving Average price is recorded at $79.90. Deere & Company (NYSE:DE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $82.03 and $80.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $82.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $81.51, notching a gain of 0.16% for the day. The total traded volume was 2,821,417 . The stock had closed at $81.38 on the previous day.

Deere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The Companys agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Companys construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction, earthmoving, material handling and timber harvesting. The Companys financial services segment primarily provides credit services, which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.

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