Large Outflow of Money Witnessed in Acuity Brands Inc

Acuity Brands Inc (NYSE:AYI) traded on a positive note gaining 0.04 points or 0.02% to be valued at $247.47 per share. Intraday, the shares aggregated $1.72 million in upticks but saw an exodus of $7.84 million in downticks. The net money flow was calculated to be $(-6.12) million with the final up/down ratio coming in at 0.22. The share price has seen a change of -1.64% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $5.55 million in downticks. The net money flow for the block exchange was disappointing at $(-5.55) Million.

Acuity Brands, Inc. has lost 2.79% in the last five trading days and dropped 1.53% in the last 4 weeks. Acuity Brands, Inc. is up 11.11% in the last 3-month period. Year-to-Date the stock performance stands at 4.73%.

Currently the company Insiders own 2.4% of Acuity Brands Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.82% . Institutional Investors own 92.22% of Acuity Brands Inc shares. During last six month period, the net percent change held by insiders has seen a change of -4.1%. . On the companys insider trading activities,The director officer (Chairman, President, and CEO) of Acuity Brands Inc, Nagel Vernon J sold 47,995 shares at $256.18 on April 22, 2016. The Insider selling transaction had a total value worth of $12,295,359. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Acuity Brands Inc (NYSE:AYI) witnessed a decline in the market cap on Friday as its shares dropped 1.15% or 2.85 points. After the session commenced at $246.78, the stock reached the higher end at $248.19 while it hit a low of $244.05. With the volume soaring to 485,017 shares, the last trade was called at $244.58. The company has a 52-week high of $264. The company has a market cap of $10,719 million and there are 43,825,618 shares in outstanding. The 52-week low of the share price is $168.33.

Acuity Brands, Inc. (Acuity Brands), is the parent company of Acuity Brands Lighting, Inc. (ABL), and other subsidiaries. Acuity Brands is a provider of lighting solutions for commercial, institutional, industrial, infrastructure, and residential applications throughout North America and select international markets. The Companys lighting solutions include devices, such as luminaires, lighting controls, power supplies, prismatic skylights, light-emitting diode (LED) lamps, and integrated lighting systems for indoor and outdoor applications utilizing a combination of light sources, including daylight, and other devices controlled by software that monitors and manages light levels while optimizing energy consumption (collectively referred to herein as lighting solutions). On March 13, 2013, the Company acquired eldoLED Europe BV.

Comments (0)

Leave a Reply

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