Large Outflow of Money Witnessed in Ingredion Incorporated

Ingredion Incorporated (INGR) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (8.93 million) in Ingredion Incorporated (INGR). On Friday, The value of composite uptick trades was $11.66 million, whereas, the value of composite downtick trades was $20.58 million and the ratio between the two was 0.57, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $8.55 million. The negative money flow of ($8.55 million) shows selling on strength. Ingredion Incorporated (INGR) gained $1.99 intraday at $139.22 and registrered 1.45% for the week.


The company Insiders own 1.7% of Ingredion Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.04% . Institutional Investors own 87.19% of Ingredion Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -7.02%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chairman, President and CEO) of Ingredion Inc, Gordon Ilene S had sold 70,492 shares worth of $9,561,535 in a transaction dated August 15, 2016. In this transaction, 70,492 shares were sold at $135.64 per share.

Ingredion Incorporated (NYSE:INGR): The stock opened at $137.83 and touched an intraday high of $139.72 on Friday. During the day, the stock corrected to an intraday low of $137.72, however, the bulls stepped in and pushed the price higher to close in the green at $139.22 with a gain of 1.45% for the day. The total traded volume for the day was 454,800. The stock had closed at $137.23 in the previous trading session.

Ingredion Incorporated (INGR) : Traders are bullish on Ingredion Incorporated (INGR) as it has outperformed the S&P 500 by a wide margin of 3.13% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.92%, 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 2.44% in the last 1 week, and is up 3% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Ingredion Incorporated is a manufacturer and supplier of starch and sweetener ingredients to a range of industries, including packaged food, beverage, brewing, industrial, pharmaceutical and personal care customers. The Company operates in four business segments: North America, South America, Asia Pacific and EMEA. North America segment consists of operations in the United States, Canada and Mexico and produces a range of both sweeteners and starches. South America segment includes 11 plants that produce regular, modified, waxy and tapioca starches, fructose and maltose syrups and syrup solids, dextrins and maltodextrins, dextrose, specialty starches, caramel color, sorbitol and vegetable adhesives. Asia Pacific segment manufactures corn-based products in South Korea, Australia and China and tapioca-based products in Thailand. EMEA segment includes five plants that produce modified and specialty starches, glucose and dextrose in England, Germany and Pakistan.

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