Large Inflow of Money Detected in Tyson Foods

Tyson Foods (TSN) : Tyson Foods (TSN) had a healthy money flow of $4.58 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $22.15 million, whereas, investors only sold shares worth $17.57 million on downticks. The stock closed the day with an up-down ratio of 1.26.The money flow in the block trades to the tune of $1.42 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.42 million worth of transactions were on upticks. Tyson Foods (TSN) stock slid $0.44 intraday and traded at 75.44, a change of -0.58% over previous days close. However, for the week, the company shares are 0.47% compared to previous weeks close.


Also, CLSA maintains their rating on the shares of Tyson Foods (NYSE:TSN). The current rating of the shares is Outperform. Equity Analysts at the Firm raises the price target to $82 per share from $77 per share. The rating by the firm was issued on August 2, 2016.

Shares of Tyson Foods, Inc. rose by 0.28% in the last five trading days and 1.55% for the last 4 weeks. Tyson Foods, Inc. is up 17.29% in the last 3-month period. Year-to-Date the stock performance stands at 42.09%.

Tyson Foods (NYSE:TSN): The stock opened at $75.37 on Tuesday but the bulls could not build on the opening and the stock topped out at $75.76 for the day. The stock traded down to $75.11 during the day, due to lack of any buying support eventually closed down at $75.43 with a loss of -0.59% for the day. The stock had closed at $75.88 on the previous day. The total traded volume was 1,677,560 shares.

In a related news, The officer (CEO), of Tyson Foods Inc, Smith Donald had unloaded 61,994 shares at $74.54 per share in a transaction on August 17, 2016. The total value of transaction was $4,621,033. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Tyson Foods, Inc., is a food production company. The Companys operations are conducted in five segments: Chicken, Beef, Pork, Prepared Foods and International. Chicken, includes domestic operations related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products. Beef, includes operations related to processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products. Pork, includes operations related to processing live market hogs and fabricating pork carcasses into primal and sub-primal cuts and case-ready products. Prepared Foods, includes operations related to manufacturing and marketing frozen and refrigerated food products and logistics operations of products through the supply chain. International, includes foreign operations related to raising and processing live chickens into fresh, frozen and value-added chicken products in across countries.

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