Large Outflow of Money Witnessed in Aetna

Aetna (AET) : The total money flow in Aetna (AET) was negative ($4.49 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $57.02 million. In comparison, the inflow of money into the stock on upticks was $52.53 million. The uptick to downtick ratio was 0.92. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $18.29 million. The value of transactions on uptick was $10.23 million. The negative money flow of ($8.06 million) confirms the selling in Aetna (AET) on strength. The uptick to downtick ratio of block trades was 0.56. Aetna (AET) gained $1.93 at $120.23, a gain of 1.63% over the previous days close. However, the stock registered 1.35% in the week.


Aetna (AET) has been rated by 14 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $163 and the lowest price target forecast is $80. The average forecast of all the analysts is $137.57 and the expected standard deviation is $18.86.

Aetna (NYSE:AET): stock turned positive on Friday. Though the stock opened at $119.01, the bulls momentum made the stock top out at $121.27 level for the day. The stock recorded a low of $117.7 and closed the trading day at $120.46, in the green by 1.83%. The total traded volume for the day was 4,279,161. The stock had closed at $118.3 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Mccarthy Margaret M, officer (EVP, Operations & Technology) of Aetna Inc /Pa/, had unloaded 39,169 shares at an average price of $114.45 in a transaction dated on May 10, 2016. The total value of the transaction was worth $4,482,892.

Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional, voluntary and consumer-directed health insurance products and related services. The Companys operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. The Companys Health Care segment includes medical, pharmacy benefit management services, dental, behavioral health and vision plans. The Companys Group Insurance segments products consist primarily of Life Insurance Products, Disability Insurance Products and Long-Term Care Insurance Products. The Companys Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Companys customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, Governmental units, Government-sponsored plans, labor groups and expatriates.

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