Large Outflow of Money Witnessed in Polaris Industries

Polaris Industries (PII) : Money flow in the Polaris Industries (PII) stock was negative (4.75 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $22.95 million, compared to $27.7 million on downticks. The total uptick to downtick ratio was 0.83, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($4.43 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $4.43 million, indicating persistent selling. Polaris Industries (PII) traded $2.09 higher at $88.32 gaining 2.42% over the previous days close.


The company Insiders own 3.4% of Polaris Industries shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.52% . Institutional Investors own 85.2% of Polaris Industries shares. During last six month period, the net percent change held by insiders has seen a change of -14.52%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Polaris Industries Inc/Mn, Farr Kevin M, had purchased 2,100 shares in a transaction dated on May 23, 2016. The transaction was executed at $83.15 per share with total amount equaling $174,615.

Shares of Polaris Industries Inc. rose by 6.5% in the last five trading days and 8.35% for the last 4 weeks. Polaris Industries Inc. has dropped 5.13% during the last 3-month period . Year-to-Date the stock performance stands at 3.82%.

Polaris Industries (NYSE:PII): stock turned positive on Tuesday. Though the stock opened at $85.11, the bulls momentum made the stock top out at $88.39 level for the day. The stock recorded a low of $85.07 and closed the trading day at $88.11, in the green by 2.18%. The total traded volume for the day was 1,307,523. The stock had closed at $86.23 in the previous days trading.

Polaris Industries Inc. (Polaris) designs, engineers and manufactures off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and small vehicles (SV). These products are sold through dealers and distributors located in the United States, Canada and Europe. The Companys ORVs include core ATVs, and RANGER and RZR side-by-side vehicles. The Company produces a range of snowmobiles, consisting of 32 models, ranging from youth models to utility and economy models to performance and competition models. Polaris Motorcycles division consists of Victory, Indian motorcycles and three-wheel roadster motorcycle, Slingshot. The Company offer products in the light-duty hauling, people mover and urban/suburban commuting sub-sectors of the small vehicles industry. The Company produces or supplies a range of replacement parts and accessories for its product lines.

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