Large Outflow of Money Witnessed in Agilent Technologies

Agilent Technologies (NYSE:A) managed to eke out gains of 0.18% in intraday trade. The share price increased by 0.08 points to $45.44. Till last observation, the net money flow was recorded at a negative $(-0.98) million. The total inflow of $0.38 million in upticks was completely overshadowed by an outflow of $1.36 million in downticks, giving the up/down ratio a value of 0.28. The shares have seen a change of -0.61% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $0 million and the composite value in downticks was $1.08 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-1.08) million.


Currently the company Insiders own 0.32% of Agilent Technologies shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.86% . Institutional Investors own 84.78% of Agilent Technologies shares. During last six month period, the net percent change held by insiders has seen a change of -24.86%. On the companys insider trading activities, The director, of Agilent Technologies Inc, Cullen James had unloaded 16,697 shares at $45.78 per share in a transaction on May 27, 2016. The total value of transaction was $764,389. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Agilent Technologies (NYSE:A) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.44 points or 0.97% at $44.92 with 1,272,833 shares getting traded. Post opening the session at $45.32, the shares hit an intraday low of $44.905 and an intraday high of $45.52 and the price was in this range throughout the day. The company has a market cap of $14,622 million and the number of outstanding shares have been calculated to be 325,521,700 shares. The 52-week high of Agilent Technologies (NYSE:A) is $46.18 and the 52-week low is $33.115.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Cowen & Company maintains its ratings on Agilent Technologies (NYSE:A). In the latest research report, Cowen & Company raises the target price from $47 per share to $49 per share. According to the latest information available, the shares are now rated Outperform by the analysts at the agency. The rating by the firm was issued on May 26, 2016.

Agilent Technologies Inc. is engaged in the life sciences, diagnostics and applied chemical markets. The Company provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. The Company has three business segments: the life sciences and applied markets business, the diagnostics and genomics business, and the Agilent CrossLab business. The Companys life sciences and applied markets business segment brings together the Companys analytical laboratory instrumentation and informatics. The Companys diagnostics and genomics business segment consists of three businesses: the Dako business, the genomics business and the nucleic acid solutions business. The Companys Agilent CrossLab business segment combines its analytical laboratory services and consumables business.

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