Large Outflow of Money Witnessed in XL Group plc

XL Group plc (NYSE:XL) managed to eke out gains of 0.21% in intraday trade. The share price increased by 0.07 points to $33.57. Till last observation, the net money flow was recorded at a negative $(-1.46) million. The total inflow of $0.17 million in upticks was completely overshadowed by an outflow of $1.64 million in downticks, giving the up/down ratio a value of 0.11. The shares have seen a change of -0.06% 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 $1.49 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-1.49) million.


Currently the company Insiders own 2.59% of XL Group plc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 8.93% . Institutional Investors own 92.69% of XL Group plc shares. During last six month period, the net percent change held by insiders has seen a change of 8.93%. On the companys insider trading activities, Whelley Eileen Goss, officer (Chief Human Resource Officer) of Xl Group Plc, executed a transaction worth $48,450 on May 3, 2016. A total of 1,500 shares were purchased at an average price of $32.3. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

XL Group plc (NYSE:XL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.72 points or 2.15% at $32.78 with 3,535,459 shares getting traded. Post opening the session at $33.02, the shares hit an intraday low of $32.74 and an intraday high of $33.57 and the price was in this range throughout the day. The company has a market cap of $9,331 million and the number of outstanding shares have been calculated to be 284,669,980 shares. The 52-week high of XL Group plc (NYSE:XL) is $40.48 and the 52-week low is $5.4.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Deutsche Bank upgrades its rating on XL Group plc (NYSE:XL). The rating major has initiated the coverage with hold rating on the shares. Earlier, the shares were rated a Sell by the brokerage firm. The rating by the firm was issued on May 5, 2016.

XL Group plc, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises on a worldwide basis. The Company is organized into two operating segments: Insurance and Reinsurance. The Companys insurance operations are organized into four business groups: International Property and Casualty, North America Property and Casualty, Global Professional Lines and Global Specialty Lines. Its insurance operations provide customized insurance policies for complex corporate risks that may require large limits and are marketed and distributed through a wide variety of local, national and international producers. The Companys reinsurance operations are structured geographically into business groups: Bermuda, North America and International (Europe, Asia Pacific, Latin America and Middle East North Africa (MENA)).

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