Large Inflow of Money Witnessed in Hawaiian Holdings

Hawaiian Holdings (NASDAQ:HA) : Investors lapped up stocks on upticks to the tune of $9.34 million in the Wednesdays trading session. The trading value on downticks was comparatively at $8.89 million and the uptick to downtick ratio of 1.05 indicates continuous buying by the bulls. The net money flow into the stock was $0.45 million. Upticks saw transactions worth $0.01 clearly indicating buying by large investors. The total money flow for block trades stood at $0.01 million, which is a positive for the stock in the long-term. Hawaiian Holdings (NASDAQ:HA) fell $0.19 during the day at $37.54, a drop of -0.5% over the previous days close. However, for the week, the stock is 5.39%, compared to the previous week.


In an insider trading activity, Rose Crystal K, director of Hawaiian Holdings Inc, unloaded 40,000 shares at an average price of $42 on June 9, 2016. The total amount of the transaction was worth $1,680,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 3.4% of Hawaiian Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.29% . Institutional Investors own 89.17% of Hawaiian Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -30.12%.

The company shares have rallied 63.26% from its 1 Year high price. On Apr 20, 2016, the shares registered one year high at $50.95 and the one year low was seen on Jul 29, 2015. The 50-Day Moving Average price is $39.66 and the 200 Day Moving Average price is recorded at $40.32. Hawaiian Holdings (NASDAQ:HA): The stock opened at $37.97 on Wednesday but the bulls could not build on the opening and the stock topped out at $38.63 for the day. The stock traded down to $37.41 during the day, due to lack of any buying support eventually closed down at $37.54 with a loss of -0.50% for the day. The stock had closed at $37.73 on the previous day. The total traded volume was 1,380,345 shares.

Hawaiian Holdings, Inc. is a holding company. Through its subsidiary Hawaiian Airlines, Inc., the Company is engaged in the scheduled air transportation of passengers and cargo. The Company offers transportation amongst the Hawaiian Islands (the Neighbor Island routes); between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the international routes). In addition, it operates various charter flights and offers non-stop services to Hawaii from 11 United States gateway cities. It also provides approximately 166 daily flights between the Hawaiian Islands. The Companys fleet has approximately 18 Boeing 717-200 aircraft for the Neighbor Island routes and 10 Boeing 767-300 aircraft and 19 Airbus A330-200 aircraft for the North America, international and charter routes. It owns three ATR42 turboprop aircraft for the Ohana by Hawaiian Neighbor Island service.

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