Shares of Teleflex Incorporated (NYSE:TFX) Sees Large Inflow of Net Money Flow

Teleflex Incorporated (NYSE:TFX) dropped by -0.52 or -0.91 points during the last session to $173.88 per share. One of the highlights of the day was the net money flow figure, which stood at $4.23 million even as the stock accepted $14.4 million in upticks but rejected $10.18 million in downticks. The up/down ratio for the last observation was a 1.42. The 1-week percentage change for the stock price is registered at 4.92%.A block transaction occurred with $3.98 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $3.98 million at the end of the block trade.


Currently the company Insiders own 2.15% of Teleflex Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.42% . Institutional Investors own 94.84% of Teleflex Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -19.42%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Randle Stuart A, director of Teleflex Inc, had unloaded 797 shares at an average price of $166.1 in a transaction dated on June 6, 2016. The total value of the transaction was worth $132,382.

Teleflex Incorporated (NYSE:TFX) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.55 points or 0.89% at $173.24 with 299,010 shares getting traded. Post opening the session at $174.8, the shares hit an intraday low of $172.6 and an intraday high of $175.98 and the price was in this range throughout the day. The company has a market cap of $7,552 million and the number of outstanding shares have been calculated to be 43,595,541 shares. The 52-week high of Teleflex Incorporated (NYSE:TFX) is $175.98 and the 52-week low is $122.13.

Many analysts have stated their opinion on the company shares. Leerink Swann maintains its view on Teleflex Incorporated (NYSE:TFX) according to the research report released by the firm to its investors. The shares have now been rated Market Perform by the stock experts at the ratings house. Leerink Swann raises the price target from $153 per share to $171 per share on Teleflex Incorporated. The rating by the firm was issued on May 2, 2016.

Teleflex Incorporated is a provider of medical technology products. The Company designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for diagnostic and therapeutic procedures in critical care and surgical applications. The Company also markets and sells its products to hospitals and healthcare providers. The Company operates its business in six segments: Vascular North America; Anesthesia/Respiratory North America; Surgical North America; Europe, the Middle East and Africa (EMEA); Asia, and Original Equipment Manufacturer (OEM). The Company manufactures its products at 26 manufacturing sites, with manufacturing operations located in the Czech Republic, Germany, Malaysia, Mexico and the United States. The Companys specialty product line consists of a range of catheters, including Foley, intermittent, external and suprapubic; urine collectors; catheterization accessories, and products for operative endourology.

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