Large Outflow of Money Witnessed in Deere & Company

Deere & Company (DE) : The value of composite uptick trades was $57.58 million, whereas, the value of composite downtick trades was $68.01 million. The uptick to downtick ratio stood at 0.85 with a negative money flow of ($10.43) Million during Tuesdays trading session. The block trades money flow was negative ($12.9 million). The transaction of the trades on downticks amounted to $12.9 million, which confirms investors selling on the strength of price. Deere & Company (DE) gained 143 cents at $82.42, an increase of 1.77% over the previous days close.


The company Insiders own 0.75% of Deere & Company shares according to the proxy statements. Institutional Investors own 73.2% of Deere & Company shares. In an insider trading activity, The Securities and Exchange Commission has divulged that Kalathur Rajesh, officer (Senior Vice President & CFO) of Deere & Co, had unloaded 4,366 shares at an average price of $79.52 in a transaction dated on December 2, 2015. The total value of the transaction was worth $347,184.

Shares of Deere & Company appreciated by 4.11% during the last five trading days but lost 3.07% on a 4-week basis. Deere & Company is up 8.41% in the last 3-month period. Year-to-Date the stock performance stands at 9.7%.

Deere & Company (NYSE:DE): stock turned positive on Tuesday. Though the stock opened at $81.29, the bulls momentum made the stock top out at $82.64 level for the day. The stock recorded a low of $80.38 and closed the trading day at $82.42, in the green by 1.77%. The total traded volume for the day was 3,866,581. The stock had closed at $80.99 in the previous days trading.

Deere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The Companys agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Companys construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction, earthmoving, material handling and timber harvesting. The Companys financial services segment primarily provides credit services, which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.

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