Shares of Aetna (NYSE:AET) Sees Large Inflow of Net Money Flow

The shares of Aetna (NYSE:AET) traded with a loss of -0.75 points or -0.62% in the most recent session. The shares last traded at $120.52. As per the trading info, the shares saw $51.01 million in upticks and lost $36.07 million in downticks, resulting in a net money flow of $14.94 million. The up/down ratio for the day was measured at 1.41. For the week, the shares had posted 0.4%.From the block trade data available, the total upticks were valued at $12.82 million and the total downticks were valued at $0 million, thereby putting the up/down ratio at 0. The net money flow for the block transaction was $12.82 million.


Currently the company Insiders own 0.9% of Aetna shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -41.05% . Institutional Investors own 95.34% of Aetna shares. During last six month period, the net percent change held by insiders has seen a change of -29.77%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Operations & Technology) of Aetna Inc /Pa/, Mccarthy Margaret M had sold 39,169 shares worth of $4,482,892 in a transaction dated May 10, 2016. In this transaction, 39,169 shares were sold at $114.45 per share.

Aetna (NYSE:AET) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.34 points or 1.11% at $119.18 with 2,034,015 shares getting traded. Post opening the session at $120.38, the shares hit an intraday low of $119.05 and an intraday high of $121.36 and the price was in this range throughout the day. The company has a market cap of $41,785 million and the number of outstanding shares have been calculated to be 350,600,000 shares. The 52-week high of Aetna (NYSE:AET) is $134.4 and the 52-week low is $92.42.

Many analysts have stated their opinion on the company shares. Cleveland initiates coverage on Aetna (NYSE:AET). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on April 8, 2016.

Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional, voluntary and consumer-directed health insurance products and related services. The Companys operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. The Companys Health Care segment includes medical, pharmacy benefit management services, dental, behavioral health and vision plans. The Companys Group Insurance segments products consist primarily of Life Insurance Products, Disability Insurance Products and Long-Term Care Insurance Products. The Companys Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Companys customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, Governmental units, Government-sponsored plans, labor groups and expatriates.

Leave a Reply

Get Pre-Market Alerts!

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