The shares of Southwest Airlines Company (NYSE:LUV) traded with a loss of -1.47 points or -3.37% in the most recent session. The shares last traded at $42.16. As per the trading info, the shares saw $43.73 million in upticks and lost $34.91 million in downticks, resulting in a net money flow of $8.82 million. The up/down ratio for the day was measured at 1.25. For the week, the shares had posted 1.13%.From the block trade data available, the total upticks were valued at $9.68 million and the total downticks were valued at $3.88 million, thereby putting the up/down ratio at 2.5. The net money flow for the block transaction was $5.8 million.
Currently the company Insiders own 0.18% of Southwest Airlines Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.77% . Institutional Investors own 79.77% of Southwest Airlines Company shares. During last six month period, the net percent change held by insiders has seen a change of -20.54%. On the companys insider trading activities, The director, of Southwest Airlines Co, Montford John T had unloaded 1,210 shares at $43.31 per share in a transaction on June 7, 2016. The total value of transaction was $52,405. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Southwest Airlines Company (NYSE:LUV) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.47 points or 3.37% at $42.16 with 6,586,737 shares getting traded. Post opening the session at $43.22, the shares hit an intraday low of $41.91 and an intraday high of $43.49 and the price was in this range throughout the day. The company has a market cap of $26,927 million and the number of outstanding shares have been calculated to be 638,686,800 shares. The 52-week high of Southwest Airlines Company (NYSE:LUV) is $51.34 and the 52-week low is $31.36.
Many analysts have stated their opinion on the company shares. In a research note released to the investors, Barclays upgrades its rating on Southwest Airlines Company (NYSE:LUV).The analysts at the brokerage house have a current rating of Equal-weight on the shares. Earlier, the shares were rated a Underweight by the brokerage firm. In a recent information released to the investors, Barclays raises the new price target from $41 per share to $48 per share. The rating by the firm was issued on April 15, 2016.
Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products, such as Business Select, Fly By Priority Lanes and SWABIZ. Its Website, southwest.com, enables purchasing and managing travel online. It offers southwest.com and swabiz.com in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In, Pets Are Welcome on Southwest (P.A.W.S.) products, Automated Outbound Messaging (AOM) service and southwest.com/rebook.