Large Outflow of Money Witnessed in NorthWestern Corporation

NorthWestern Corporation (NYSE:NWE) During the most recent session, the shares traded at 0.07 points or 0.12% higher at $60.65. The money flow data is unimpressive with the net money flow value of $(-1.44) million. As per the intraday data, the upticks measured $2.55 million and the downticks measured $3.98 million. As a result, the up/down ratio registered a value of 0.64. The shares have seen 2.19% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $1.43 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-1.43) million.


Currently the company Insiders own 1.34% of NorthWestern Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.67% . During last six month period, the net percent change held by insiders has seen a change of -25.23%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Heather H. Grahame, officer (VP & General Counsel) of Northwestern Corp, had unloaded 3,300 shares at an average price of $60.55 in a transaction dated on June 9, 2016. The total value of the transaction was worth $199,815.

NorthWestern Corporation (NYSE:NWE) : On Monday heightened volatility was witnessed in NorthWestern Corporation (NYSE:NWE) which led to swings in the share price. The stock opened for trading at $60.35 and hit $60.87 on the upside , eventually ending the session at $60.49, with a gain of 0.57% or 0.34 points. The heightened volatility saw the trading volume jump to 384,152 shares. The 52-week high of the share price is $62.51 and the company has a market cap of $2,922 million. The 52-week low of the share price is at $48.44 .

Many analysts have stated their opinion on the company shares. Mizuho Securities initiates coverage on NorthWestern Corporation (NYSE:NWE) In a research note issued to the investors, the brokerage major announces price-target of $65 per share.The shares have been rated Neutral. The rating by the firm was issued on March 31, 2016.

North-Western Corporation, doing business as North-Western Energy, provides electricity and natural gas. The Company operates its business under segments: Electric operations, Natural gas operations and All other, which primarily consists of unallocated corporate costs. Electric operations segment consists of an electric utility business in Montana, which includes generation, transmission and distribution. The Company also transmits electricity for non-regulated entities owning generation facilities, other utilities and power marketers serving the Montana electricity market. The Companys South Dakota electric utility business operates as a vertically integrated generation, transmission and distribution utility. Natural gas operations segment consists of a natural gas utility business in Montana, which includes production, storage, transmission and distribution.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.