Shares of Whirlpool Corporation (NYSE:WHR) Sees Large Inflow of Net Money Flow

Whirlpool Corporation (NYSE:WHR) witnessed a selling pressure and the shares last traded with a loss of -0.02 points or -0.01% at $177.51. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $1.42 million with an inflow of $6.09 million in upticks and an outflow of $4.67 million in downticks. Using the data, the up/down ratio is found to be 1.31. The share price has recorded 2.13% on a weekly basis.


Currently the company Insiders own 2.62% of Whirlpool Corporation shares according to the proxy statements. Institutional Investors own 95.16% of Whirlpool Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 28.88%. On the companys insider trading activities, Venturelli Larry M, officer (EXEC. VICE PRESIDENT AND CFO) of Whirlpool Corp /De/, unloaded 20,428 shares at an average price of $176.25 on May 10, 2016. The total amount of the transaction was worth $3,600,435, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Whirlpool Corporation (NYSE:WHR) stock ended Monday session in the red zone in a volatile trading. The stock closed down 2.51 points or 1.41% at $175.01 with 839,060 shares getting traded. Post opening the session at $177.16, the shares hit an intraday low of $174.83 and an intraday high of $178.02 and the price was in this range throughout the day. The company has a market cap of $13,295 million and the number of outstanding shares have been calculated to be 75,966,856 shares. The 52-week high of Whirlpool Corporation (NYSE:WHR) is $193.59 and the 52-week low is $123.6.

Many analysts have stated their opinion on the company shares. Brokerage firm MKM Partners maintains its rating on Whirlpool Corporation (NYSE:WHR). As per the latest information, the brokerage house raises the price target to $204 per share from a prior target of $175. The shares have been rated Buy. The rating by the firm was issued on April 1, 2016.

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Companys reportable segments consist of North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.

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