Large Outflow of Money Witnessed in IDEX Corporation

IDEX Corporation (NYSE:IEX) traded higher in the last at $85.79, gaining 0.54 points or 0.63%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-7.45) million. The composite uptick value of $3.69 million was eclipsed by the accrued downtick value of $11.14 million, thereby ensuring the up/down ratio of 0.33. For the week, the shares have posted returns of -0.17%.A block trade registered during the day has revealed $0 million in upticks and $8.07 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-8.07) million.

IDEX Corporation has dropped 0.52% in the last five trading days, however, the shares have posted positive gains of 4.69% in the last 4 weeks. IDEX Corporation is up 5.31% in the last 3-month period. Year-to-Date the stock performance stands at 12.55%.

Currently the company Insiders own 1% of IDEX Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.9% . Institutional Investors own 98.8% of IDEX Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -12.97%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Salliotte Daniel J, officer (SVP-Mergers/Acp & Treasury) of Idex Corp /De/, had unloaded 4,000 shares at an average price of $83.27 in a transaction dated on May 31, 2016. The total value of the transaction was worth $333,080.

IDEX Corporation (NYSE:IEX) rose 0.28% or 0.24 points on Friday and made its way into the gainers of the day. After trading began at $85.01 the stock was seen hitting $85.95 as a peak level and $85.01 as the lowest level. The stock ended up at $85.49. The daily volume was measured at 943,527 shares. The 52-week high of the share price is $87.15 and the 52-week low is $65.45. The company has a market cap of $6,489 million.

IDEX Corporation is an applied solutions business that sells pumps, flow meters and other fluidics systems and components, and engineered products. The Companys products include industrial pumps, compressors, flow meters, injectors and valves, and related controls for use in process applications; precision fluidics solutions, including pumps, valves, degassing equipment, corrective tubing, fittings, complex manifolds, precision photonic solutions, optical filters and specialty medical equipment and devices used in life science applications. The Company operates in three segments: Fluid & Metering Technologies (FMT), which designs, produces and distributes positive displacement pumps, flow meters and injectors; Health & Science Technologies (HST), which designs, produces and distributes precision fluidics and rotary lobe pumps, and Fire & Safety/Diversified Products (FSDP), which produces firefighting pumps and controls, rescue tools.

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