Large Outflow of Money Witnessed in Polaris Industries

Polaris Industries (PII) : The total negative money flow of $2.85 million on Monday indicates selling on strength. The inflow of money on upticks was $11.74 million, compared to $14.59 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.8. The negative money flow of $2.28 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $2.28 million. The price action in the Polaris Industries (PII) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $88.47 with a gain of $0.4 , a change of 0.45% over the previous days close. The stock registered 3.8% for the week.


Polaris Industries Inc. has dropped 6.97% during the last 3-month period . Year-to-Date the stock performance stands at 4.29%. Shares of Polaris Industries Inc. rose by 2.64% in the last five trading days and 9.38% for the last 4 weeks. In a related news, Farr Kevin M, director of Polaris Industries Inc/Mn had purchased 2,100 shares on May 23, 2016 in a transaction. The price per share was $83.15 and the total amount of the disclosed transaction was $174,615.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Polaris Industries (NYSE:PII): stock turned positive on Monday. Though the stock opened at $87.55, the bulls momentum made the stock top out at $88.99 level for the day. The stock recorded a low of $87.48 and closed the trading day at $88.51, in the green by 0.50%. The total traded volume for the day was 1,174,726. The stock had closed at $88.07 in the previous days trading.

Polaris Industries Inc. (Polaris) designs, engineers and manufactures off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and small vehicles (SV). These products are sold through dealers and distributors located in the United States, Canada and Europe. The Companys ORVs include core ATVs, and RANGER and RZR side-by-side vehicles. The Company produces a range of snowmobiles, consisting of 32 models, ranging from youth models to utility and economy models to performance and competition models. Polaris Motorcycles division consists of Victory, Indian motorcycles and three-wheel roadster motorcycle, Slingshot. The Company offer products in the light-duty hauling, people mover and urban/suburban commuting sub-sectors of the small vehicles industry. The Company produces or supplies a range of replacement parts and accessories for its product lines.

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