Large Outflow of Money Witnessed in American Airlines Group

American Airlines Group (AAL) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($6 million) and the uptick to downtick ratio was 0.77. The transaction value on upticks was $19.53 million and on downticks, the transaction value was $25.53 million. In block trades, the transaction value of inflow done during uptick was $0.36 million. The transaction value of block trades during downticks was $5.18 million. The uptick to downtick block trade ratio was 0.07. The money flow was negative ($4.81 million), indicating the traders were booking profit on the price strength. American Airlines Group (AAL) rose $0.23 at $36.47, during intraday Friday , a rise of 0.63% over the previous days close.


The company Insiders own 0.64% of American Airlines Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.75% . Institutional Investors own 74.77% of American Airlines Group shares. During last six month period, the net percent change held by insiders has seen a change of -3.96%.

In a related news, The Securities and Exchange Commission has divulged that Goulet, Beverly K., officer (EVP Chief Integration Officer) of American Airlines Group Inc., had unloaded 40,000 shares at an average price of $33.88 in a transaction dated on July 12, 2016. The total value of the transaction was worth $1,355,200.

American Airlines Group (NASDAQ:AAL): The stock opened at $36 and touched an intraday high of $36.7 on Friday. During the day, the stock corrected to an intraday low of $36, however, the bulls stepped in and pushed the price higher to close in the green at $36.53 with a gain of 0.80% for the day. The total traded volume for the day was 5,429,115. The stock had closed at $36.24 in the previous trading session.

American Airlines Group (AAL) : Traders are bullish on American Airlines Group (AAL) as it has outperformed the S&P 500 by a wide margin of 6.21% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.32%, 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 0.83% in the last 1 week, and is up 6.07% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

American Airlines Group Inc. (AAG) is a holding company and its wholly-owned subsidiaries include American Airlines, Inc. (American), US Airways Group, Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy). US Airways Groups principal subsidiary include US Airways, Inc. (US Airways) and its other wholly-owned subsidiaries include Piedmont Airlines, Inc. (Piedmont), and PSA Airlines, Inc. (PSA). AAGs primary business activity includes the operation of two network carriers through its principal, wholly-owned mainline operating subsidiaries: American and US Airways. The Companys airlines operate an average of approximately 6,700 flights per day to around 339 destinations in around 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort Worth (DFW), Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia.

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