Shares of Deere & Company (DE) Sees Large Inflow of Net Money Flow

Deere & Company (DE) stock had a bullish inflow of $52.07 million worth of trades on uptick and an outflow of $42.87 million in downticks on Friday. The total uptick to downtick ratio stood at 1.21. The net money flow into the stock was $9.2 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $14.11 million. An inflow of $3.64 million block trade was recorded on downticks. $17.75 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 4.88 in favor of the bulls. However, Deere & Company (DE) stock traded down $1 , and reached $83.55, a drop of -1.18% over the previous day. On a weekly basis, the stock is -3.68%, over the previous weeks close.


The company Insiders own 0.75% of Deere & Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.27% . Institutional Investors own 70.81% of Deere & Company shares. During last six month period, the net percent change held by insiders has seen a change of -0.27%.

In a related news,The officer (Senior Vice President & CFO) of Deere & Co, Kalathur Rajesh sold 4,366 shares at $79.52 on December 2, 2015. The Insider selling transaction had a total value worth of $347,184. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Deere & Company (NYSE:DE): The stock opened at $83.95 and touched an intraday high of $84.19 on Friday. During the day, the stock corrected to an intraday low of $83.74, however, the bulls stepped in and pushed the price higher to close in the green at $84.05 with a gain of 0.60% for the day. The total traded volume for the day was 2,071,205. The stock had closed at $83.55 in the previous trading session.

Deere & Company (DE) has risen sharply, recording gains of 7.29% in the past 4 weeks. However, the stock has corrected -3.1% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.43% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Deere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The Companys agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Companys construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction, earthmoving, material handling and timber harvesting. The Companys financial services segment primarily provides credit services, which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *