Large Outflow of Money Witnessed in Harley-Davidson

Harley-Davidson (HOG): The stock had negative money flow to the tune of ($3.38 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $13.98 million, whereas, the outflow of money on downticks was $17.36 million and the ratio between the two was 0.81. The block trade had a negative net money flow of ($3.83 million). The total block trade value undertaken on upticks was $1.17 million. On the other hand, downticks amounted to $5 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.23. Harley-Davidson (HOG) closed with marginal gains of 5 cents to end the day at $50.22, an increase of 0.1% over the previous days close. The stock recorded 4.41% for the week.


Harley-Davidson (HOG) : 11 Wall Street analysts covering Harley-Davidson (HOG) believe that the average level the stock could reach for the short term is $50.18. The maximum price target given is $57 and the minimum target for short term is around $40, hence the standard deviation is calculated at $5.13.

Harley-Davidson (NYSE:HOG): On Fridays trading session , Opening price of the stock was $50.32 with an intraday high of $50.46. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $49.69. However, the stock managed to close at $50.12, a loss of 0.10% for the day. On the previous day, the stock had closed at $50.17. The total traded volume of the day was 1,857,263 shares.

In a related news,The officer (SVP, Motor Co. Product & Ops) of Harley Davidson Inc, Kumbier Michelle sold 26,667 shares at $46.25 on May 10, 2016. The Insider selling transaction had a total value worth of $1,233,349. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) segment and the Financial Services segment. The Motorcycles segment consists of HDMC, which designs, manufactures and sells street-legal Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services. The Companys products are sold to retail customers through a network of independent dealers. The Financial Services segment consists of HDFS, which provides wholesale and retail financing, and insurance and insurance-related programs to Harley-Davidson dealers and their retail customers. The Company conducts its business around the world, including in North America, Europe, the Middle East and Africa (EMEA); Asia-Pacific, and Latin America.

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