Large Outflow of Money Witnessed in United Continental Holdings

United Continental Holdings (UAL) : The value of composite uptick trades was $75.77 million, whereas, the value of composite downtick trades was $88.17 million. The uptick to downtick ratio stood at 0.86 with a negative money flow of ($12.4) Million during Tuesdays trading session. The block trades money flow was negative ($13.36 million).The uptick to the downtick ratio of 0.3 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $5.76 million. The transaction of the trades on downticks amounted to $19.12 million, which confirms investors selling on the strength of price. United Continental Holdings (UAL) gained 374 cents at $46.15, an increase of 8.82% over the previous days close.


The company Insiders own 0.25% of United Continental Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 13.15% . Institutional Investors own 95.69% of United Continental Holdings shares. During last six month period, the net percent change held by insiders has seen a change of 13.13%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP and CIO) of United Continental Holdings, Inc., Jojo Linda P, had purchased 2,500 shares in a transaction dated on April 28, 2016. The transaction was executed at $48.77 per share with total amount equaling $121,925.

Shares of United Continental Holdings, Inc. rose by 14.57% in the last five trading days and 0.17% for the last 4 weeks. United Continental Holdings, Inc. has dropped 14.63% during the last 3-month period . Year-to-Date the stock performance stands at -19.44%.

United Continental Holdings (NYSE:UAL): stock turned positive on Tuesday. Though the stock opened at $44.19, the bulls momentum made the stock top out at $46.36 level for the day. The stock recorded a low of $44.19 and closed the trading day at $46.16, in the green by 8.84%. The total traded volume for the day was 9,780,954. The stock had closed at $42.41 in the previous days trading.

United Continental Holdings, Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates an average of 5,055 flights a day to 373 airports across six continents from the Companys hubs at Newark Liberty International Airport, Chicago OHare International Airport, Denver International Airport, George Bush Intercontinental Airport, Los Angeles International Airport, A.B. Won Pat International Airport, San Francisco International Airport and Washington Dulles International Airport. It has contractual relationships with a range of regional carriers to provide regional jet and turboprop service branded as United Express.

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