Large Outflow of Money Witnessed in Lincoln Electric Holdings

Lincoln Electric Holdings (LECO) : Net money flow in Lincoln Electric Holdings (LECO) was negative ($5.32 million) and the inflow of money on uptick was $2.16 million, whereas, the outflow of money on downticks amounted to $7.48 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.29. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $5.34 million. The money flow in block trades was negative ($5.34). Lincoln Electric Holdings (LECO) gained $0.01 cent during the day and reached $63.57, a gain of 0.02% over the previous day.


The company Insiders own 3.27% of Lincoln Electric Holdings shares according to the proxy statements. Institutional Investors own 65.93% of Lincoln Electric Holdings shares.

In a related news,The director of Lincoln Electric Holdings Inc, Lincoln G Russell sold 4,167 shares at $60.81 on November 6, 2015. The Insider selling transaction had a total value worth of $253,395. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Lincoln Electric Holdings (NASDAQ:LECO): The stock opened at $63.99 and touched an intraday high of $64.52 on Friday. During the day, the stock corrected to an intraday low of $63.96, however, the bulls stepped in and pushed the price higher to close in the green at $64.22 with a gain of 1.02% for the day. The total traded volume for the day was 202,984. The stock had closed at $63.57 in the previous trading session.

Lincoln Electric Holdings (LECO) : Traders are bullish on Lincoln Electric Holdings (LECO) as it has outperformed the S&P 500 by a wide margin of 2.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.15%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.66% in the last 1 week, and is up 2.29% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Lincoln Electric Holdings, Inc. is a manufacturer of welding, cutting and brazing products. Welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes. The Company operates in five segments: North America Welding, Europe Welding, Asia Pacific Welding, South America Welding and The Harris Products Group. The Companys product offering also includes computer numeric controlled (CNC) plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting and brazing. In addition, the Company is also engaged in brazing and soldering alloys activities. The Company has, through wholly owned subsidiaries or joint ventures, manufacturing facilities located in the United States, Brazil, Canada, China, Colombia, France, Germany, India, Indonesia, Italy, Mexico, the Netherlands, Poland, Portugal, Russia, Turkey, the United Kingdom and Venezuela.

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