Shares of Textron (TXT) Sees Large Inflow of Net Money Flow

Textron (TXT) : Textron (TXT) had a healthy money flow of $0.78 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $3.6 million, whereas, investors only sold shares worth $2.82 million on downticks. The stock closed the day with an up-down ratio of 1.28.The money flow in the block trades to the tune of $0.93 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.93 million worth of transactions were on upticks. Textron (TXT) stock slid $0.01 intraday and traded at 38.23, a change of -0.03% over previous days close. However, for the week, the company shares are 3.35% compared to previous weeks close.


The company Insiders own 0.93% of Textron shares according to the proxy statements. Institutional Investors own 82.05% of Textron shares. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive VP, Human Resources) of Textron Inc, Johnson Cheryl H had sold 2,121 shares worth of $89,867 in a transaction dated November 2, 2015. In this transaction, 2,121 shares were sold at $42.37 per share.

Shares of Textron Inc. appreciated by 7.39% during the last five trading days but lost 1.01% on a 4-week basis. Textron Inc. is up 3.31% in the last 3-month period. Year-to-Date the stock performance stands at -8.59%.

Textron (NYSE:TXT): stock turned positive on Tuesday. Though the stock opened at $38.6, the bulls momentum made the stock top out at $38.77 level for the day. The stock recorded a low of $38.05 and closed the trading day at $38.36, in the green by 0.31%. The total traded volume for the day was 1,394,465. The stock had closed at $38.24 in the previous days trading.

Textron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services worldwide. It operates in five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. Textron Aviation manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems product lines consist of unmanned aircraft systems, marine and land systems, weapons and sensors, simulation, training and other defense and aviation mission support products and services. The Industrial segment designs and manufactures a range of products under three principal product lines. The Finance segment provides financing primarily to purchasers of new and pre-owned Textron Aviation aircraft and Bell helicopters.

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