Shares of Honeywell International (NYSE:HON) Sees Large Outflow of Money

Honeywell International (NYSE:HON) : The total money flow in Honeywell International (NYSE:HON) was negative ($13.42 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $89.32 million. In comparison, the inflow of money into the stock on upticks was $75.91 million. The uptick to downtick ratio was 0.85. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $17.04 million. The value of transactions on uptick was $7.75 million. The negative money flow of ($9.29 million) confirms the selling in Honeywell International (NYSE:HON) on strength. The uptick to downtick ratio of block trades was 0.45. Honeywell International (NYSE:HON) gained $0.39 at $114.45, a gain of 0.34% over the previous days close. However, the stock registered 1.3% in the week.


In an insider trading activity,The officer (SrVP, Engineering, Ops & IT) of Honeywell International Inc, Mikkilineni Krishna sold 13,000 shares at $114.1 on May 27, 2016. The Insider selling transaction had a total value worth of $1,483,300. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.83% of Honeywell International shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.19% . Institutional Investors own 79.61% of Honeywell International shares. During last six month period, the net percent change held by insiders has seen a change of -67.21%.

The company shares have rallied 10.91% from its 1 Year high price. On Jun 20, 2016, the shares registered one year high at $118.53 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $114.75 and the 200 Day Moving Average price is recorded at $108.76. Honeywell International (NYSE:HON): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $114.36 and $113.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $114.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $114.46, notching a gain of 0.35% for the day. The total traded volume was 4,016,716 . The stock had closed at $114.06 on the previous day.

Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company. The Company is engaged in serving customers across the world with aerospace products and services, turbochargers, control, sensing and security technologies for buildings, homes and industry, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. The Company operates in segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment is a supplier of aircraft engines, integrated avionics, systems and service solutions, and related products and services. ACS segment provides environmental and combustion controls, sensing controls, security and life safety products and services. Its PMT segment develops and manufactures advanced materials, process technologies and automation solutions.

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