Large Outflow of Money Witnessed in Ingersoll-Rand plc (Ireland)

Ingersoll-Rand plc (Ireland) (IR): The stock had negative money flow to the tune of ($2.2 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $4.18 million, whereas, the outflow of money on downticks was $6.37 million and the ratio between the two was 0.66. The block trade had a negative net money flow of ($1.32 million). The total block trade value undertaken on upticks was $1.04 million. On the other hand, downticks amounted to $2.36 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.44. Ingersoll-Rand plc (Ireland) (IR) closed with marginal gains of 51 cents to end the day at $66.39, an increase of 0.77% over the previous days close. The stock recorded 0.99% for the week.


The company Insiders own 0.65% of Ingersoll-Rand plc (Ireland) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.69% . Institutional Investors own 81.67% of Ingersoll-Rand plc (Ireland) shares. During last six month period, the net percent change held by insiders has seen a change of -17.24%. In an insider trading activity, The officer (Senior Vice President), of Ingersoll-Rand Plc, Camuti Paul A had unloaded 4,800 shares at $49.19 per share in a transaction on May 26, 2016. The total value of transaction was $236,112. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Shares of Ingersoll-Rand Plc rose by 6.12% in the last five trading days and 3.8% for the last 4 weeks. Ingersoll-Rand Plc is up 9.47% in the last 3-month period. Year-to-Date the stock performance stands at 22.35%.

Ingersoll-Rand plc (Ireland) (NYSE:IR): stock turned positive on Tuesday. Though the stock opened at $66.45, the bulls momentum made the stock top out at $67.1 level for the day. The stock recorded a low of $66.315 and closed the trading day at $66.94, in the green by 1.61%. The total traded volume for the day was 1,474,554. The stock had closed at $65.88 in the previous days trading.

Ingersoll-Rand Public Limited Company (IR-Ireland) is a diversified, global company that provides products, services and solutions to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables. The Company is also engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products. The Company focuses on parts, service, used equipment and rentals. Its business segments consist of Climate and Industrial. The Climate segment includes Trane and American Standard Heating and Air Conditioning, which provides heating, ventilation and air conditioning (HVAC) systems; commercial and residential building services, parts, support and controls, and Thermo King transport temperature control solutions. The Industrial segment includes Ingersoll Rand compressed air systems and services, power tools, material handling systems, ARO fluid management equipment, Club Car golf, utility and rough terrain vehicles.

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