Shares of American Electric Power Company (NYSE:AEP) Sees Large Inflow of Net Money Flow

American Electric Power Company (NYSE:AEP) dropped -0.45% or -0.3 points to trade at $66.55 per share. As per the latest trading data available, the net money flow stood at $10.19 million as the shares received $35.99 million in upticks and gave away $25.8 million in downticks. The final up/down ratio was at 1.4. On a weekly basis, the stock has seen a change of 1.12%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 4.16. $11.39 million was the inflow in upticks and $2.74 million was the outflow in downticks. For the block trade, the net money flow was $8.66 million.


Currently the company Insiders own 0.13% of American Electric Power Company shares according to the proxy statements. Institutional Investors own 70.43% of American Electric Power Company shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Executive Vice President) of American Electric Power Co Inc, Mccullough Mark C had purchased shares worth of $284,737 in a transaction dated on May 25, 2016. A total of 4,489 shares were purchased at a price of $63.43 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

American Electric Power Company (NYSE:AEP) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.3 points or 0.45% at $66.55 with 2,802,353 shares getting traded. Post opening the session at $66.92, the shares hit an intraday low of $66.48 and an intraday high of $67.2 and the price was in this range throughout the day. The company has a market cap of $32,697 million and the number of outstanding shares have been calculated to be 491,313,380 shares. The 52-week high of American Electric Power Company (NYSE:AEP) is $67.34 and the 52-week low is $52.29.

Many analysts have stated their opinion on the company shares. Barclays maintains its rating on American Electric Power Company (NYSE:AEP). The global brokerage major lowers the current price target from $71 per share to $68 per share. Analysts at the Barclays have a current rating of Overweight on the shares. The rating by the firm was issued on April 28, 2016.

American Electric Power Company, Inc. is a utility holding company. It operates in five segments. The vertically integrated utilities segment generates, transmits and distributes electricity through AEP Generating Company, Appalachian Power Company, Indiana Michigan Power Company, Kingsport Power Company, Kentucky Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and Wheeling Power Company. The Transmission and Distribution Utilities segment transmits and distributes electricity through Ohio Power Company, AEP Texas Central Company and AEP Texas North Company. The Generation & Marketing segments subsidiaries consist of nonutility generating assets, a wholesale energy trading and marketing business and a retail supply and energy management business. AEP Transmission Holdco is a holding company for AEPs transmission joint ventures and AEP Transmission Company, LLC. The AEP River Operations segment transports liquid, coal and dry bulk commodities.

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