Shares of Polaris Industries (PII) Sees Large Inflow of Net Money Flow

Polaris Industries (PII): $4.15 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.12. The value of trades done on upticks was $37.72 million, whereas, trades done on downticks were valued at $33.57 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $4.36 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $2.05 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 2.13 was strongly in favor of the bulls. The money flow in block trades was $2.31 million. Polaris Industries (PII) fell $0.28 traded at $96.59, a change of -0.29% over the previous day. The stock is 9.67% for the week.


Polaris Industries (PII) : The highest short term price target forecast on Polaris Industries (PII) is $165 and the lowest target price is $88. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $106.4 with a standard deviation of $22.43.

Polaris Industries (NYSE:PII): On Fridays trading session , Opening price of the stock was $97.1 with an intraday high of $97.47. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $95.32. However, the stock managed to close at $96.56, a loss of 0.32% for the day. On the previous day, the stock had closed at $96.87. The total traded volume of the day was 1,658,887 shares.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Polaris Industries Inc/Mn, Farr Kevin M had purchased shares worth of $174,615 in a transaction dated on May 23, 2016. A total of 2,100 shares were purchased at a price of $83.15 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

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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