Large Inflow of Money Witnessed in Harman International Industries Incorporated

Harman International Industries Incorporated (NYSE:HAR) traded with a cut of -1.01 points or -1.32% at $75.59 per share. As per the last available information, the stock aggregated $13.06 million in upticks and $11.27 million in downticks, keeping the net money flow capped at $1.78 million. The up/down ratio was found to be 1.16. For the week, the shares have seen a change of 0.55% in the share price.A block trade of $2.94 million in upticks and $1.45 million in downticks also took place during the day. The up/down ratio for the block stood at 2.02. The net money flow for this transaction was $1.49 million.


The stock has recorded a 20-day Moving Average of 2.5% and the 50-Day Moving Average is 3.54%. The company shares have dropped 39.65% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $127.49 and one year low was seen on February 8, 2016 at $66.2. The 50-day moving average is $75.85 and the 200 day moving average is recorded at $81.18. S&P 500 has rallied 1.93% during the last 52-weeks.

Harman International Industries Incorporated (NYSE:HAR): The stock opened at $77.10 on Tuesday but the bulls could not build on the opening and the stock topped out at $77.10 for the day. The stock traded down to $74.78 during the day, due to lack of any buying support eventually closed down at $75.44 with a loss of -1.51% for the day. The stock had closed at $76.60 on the previous day. The total traded volume was 720,781 shares.

Currently the company Insiders own 0.95% of Harman International Industries Incorporated shares according to the proxy statements. Institutional Investors own 98.27% of Harman International Industries Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -53.01%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Santana Ralph, (Chief Marketing Officer) of Harman International Industries Inc /De/, had unloaded 3,650 shares at an average price of $72.17 in a transaction dated on May 6, 2016. The total value of the transaction was worth $263,421.

Harman International Industries, Incorporated, is engaged in the designing and engineering of connected products and solutions for automakers, consumers and enterprises, including audio systems, visual products, enterprise automation solutions and connected services. The Company operates through four segments. The Infotainment segment offers infotainment systems for vehicle applications. The Lifestyle segment offers car audio systems for vehicle applications, as well as a range of loudspeaker and electronics for home, multimedia and mobile applications. The Professional segment provides audio, lighting, video and control and automation solutions for commercial, enterprise and public space applications. The Services segment creates software solutions that integrate design, mobility, cloud and analytics. Its brands include AKG, AMX, Crown, Harman/Kardon, Infinity, JBL, JBL Professional, Lexicon, Mark Levinson, Martin, Revel, Soundcraft and Studer.

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