Large Outflow of Money Witnessed in Alcoa

Alcoa (AA) : Net money flow in Alcoa (AA) was negative ($7.76 million) and the inflow of money on uptick was $90.31 million, whereas, the outflow of money on downticks amounted to $98.07 million on Tuesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.92. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $30.96 million. On the other hand, the total value of block trades done on downticks was $31.81 million. The ratio of uptick to downtick block trades was 0.97. The money flow in block trades was negative ($0.84). Alcoa (AA) gained $0.55 cent during the day and reached $10.69, a gain of 5.42% over the previous day.


The company Insiders own 0.59% of Alcoa shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.88% . Institutional Investors own 69.25% of Alcoa shares. During last six month period, the net percent change held by insiders has seen a change of -0.72%. In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Alcoa Inc., Schmidt Ulrich had purchased shares worth of $51,250 in a transaction dated on April 26, 2016. A total of 5,000 shares were purchased at a price of $10.25 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Alcoa Inc. rose by 15.44% in the last five trading days and 12.64% for the last 4 weeks. Alcoa Inc. is up 13.09% in the last 3-month period. Year-to-Date the stock performance stands at 9.09%.

Alcoa (NYSE:AA): stock turned positive on Tuesday. Though the stock opened at $10.7, the bulls momentum made the stock top out at $10.8 level for the day. The stock recorded a low of $10.43 and closed the trading day at $10.69, in the green by 5.42%. The total traded volume for the day was 53,436,623. The stock had closed at $10.14 in the previous days trading.

Alcoa Inc. (Alcoa) is engaged in lightweight metals engineering and manufacturing. The Company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Its products, which include aluminum, titanium and nickel, are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications across the world. It also produces and manages primary aluminum, fabricated aluminum and alumina combined, through its active participation in the aspects of the industry, including technology, mining, refining, smelting, fabricating, and recycling. The Company has investments and operating activities in Australia, Brazil, China, Guinea, Iceland, Russia and Saudi Arabia, among others. It produces three dimensional (3D-printed) titanium, specialty metals and plastic parts for aerospace, medical and energy applications.

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