Shares of Arrow Electronics (NYSE:ARW) Sees Large Outflow of Money

Shares of Arrow Electronics (NYSE:ARW) traded 0.25 points or 0.38% higher at $66.91.The total intraday money flow for the shares came in at a disappointing $(-3.24) million. The total upticks amounted to $4.25 million and the total downticks were approximately $7.48 million, with the up/down ratio of 0.57. On a different note, the shares have seen 1.7% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $1.14 million in upticks and an outflow of $4.31 million in downticks. The up/down ratio for the block was found to be 0.26. The net money flow for the block transaction was $(-3.17) million.


The stock has recorded a 20-day Moving Average of 2.04% and the 50-Day Moving Average is 5.26%. The company shares have rallied 10.62% in the past 52 Weeks. On June 9, 2016 The shares registered one year high of $68.07 and one year low was seen on January 20, 2016 at $45.23. The 50-day moving average is $63.27 and the 200 day moving average is recorded at $58.8. S&P 500 has rallied 1.93% during the last 52-weeks.

Arrow Electronics (NYSE:ARW): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.90 and $66.46 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.82, notching a gain of 0.24% for the day. The total traded volume was 391,626 . The stock had closed at $66.66 on the previous day.

Currently the company Insiders own 1.5% of Arrow Electronics shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.15% . Institutional Investors own 94.41% of Arrow Electronics shares. During last six month period, the net percent change held by insiders has seen a change of -18.51%. On the companys insider trading activities,The officer (Executive Vice President) of Arrow Electronics Inc, Reilly Paul J sold 50,705 shares at $67.3 on June 9, 2016. The Insider selling transaction had a total value worth of $3,412,447. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Arrow Electronics, Inc. (Arrow) is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The Company has a portfolio of product offerings available from electronic components and enterprise computing solutions (ECS) suppliers, coupled with a range of services, solutions and tools for industrial and commercial customers. The Company operates in two business segments: the global components business and the global enterprise computing solutions business. The global components business segment is a provider of online catalogs for electronic components; cloud-based design tools; factory-direct end-of-life product inventory, and disposition solutions to redeploy, remarket and recycle technology assets. The global ECS business segment provides enterprise and midrange computing products, services and solutions to value-added resellers (VARs) in the Americas, EMEA and Asia Pacific regions.

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