Large Outflow of Money Witnessed in TE Connectivity Ltd.

TE Connectivity Ltd. (TEL) : Tuesdays money flow analysis of TE Connectivity Ltd. (TEL) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $8.73 million. In comparison, the inflow of money on upticks was a meager $4.68 million. The dollar value of composite uptick trades minus the downtick trades was negative $4.06 million. The uptick to downtick ratio of 0.54 in the money flow shows weakness. The uptick block trades were valued at $1.36 million. The downtick transaction value was high at $5.47 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.25. Hence, the net money flow in the stock was negative ($4.11 million). TE Connectivity Ltd. (TEL) gained $0.82 at $59.03, a change of 1.41% over the previous days close.


The company Insiders own 1.49% of TE Connectivity Ltd. shares according to the proxy statements. Institutional Investors own 91.19% of TE Connectivity Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -9.08%. In an insider trading activity,The director officer (Chairman & CEO) of Te Connectivity Ltd., Lynch Thomas J sold 87,958 shares at $61.45 on June 10, 2016. The Insider selling transaction had a total value worth of $5,405,019. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of TE Connectivity Ltd. appreciated by 6.17% during the last five trading days but lost 3.55% on a 4-week basis. TE Connectivity Ltd. has dropped 5.51% during the last 3-month period . Year-to-Date the stock performance stands at -8.39%.

TE Connectivity Ltd. (NYSE:TEL): stock turned positive on Tuesday. Though the stock opened at $58.56, the bulls momentum made the stock top out at $59.36 level for the day. The stock recorded a low of $58.48 and closed the trading day at $59.19, in the green by 1.68%. The total traded volume for the day was 1,389,721. The stock had closed at $58.21 in the previous days trading.

TE Connectivity Ltd. (TE Connectivity) is a technology company. The Company designs and manufactures connectivity and sensors solutions. It operates its business through three segments: Transportation Solutions, which offers various products, including terminals and connector systems and components, relays, circuit protection devices, sensors, and application tooling, among others; Industrial Solutions, which include terminals and connector systems and components, heat shrink tubing, relays, wire and cable, and Communications Solutions, which include terminals and connector systems and components, circuit protection devices, antennas, relays and heat shrink tubing. It markets its products to manufacturers and distributors in a number of markets, which include automotive, industrial equipment and consumer devices.

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