Large Outflow of Money Witnessed in Smith (A.O.) Corporation

Shares of Smith (A.O.) Corporation (NYSE:AOS) traded 0.41 points or 0.49% higher at $84.25.The total intraday money flow for the shares came in at a disappointing $(-7.2) million. The total upticks amounted to $9.96 million and the total downticks were approximately $17.17 million, with the up/down ratio of 0.58. On a different note, the shares have seen 0.68% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $8.18 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-8.18) million.

Shares of AO Smith Corp. rose by 0.91% in the last five trading days and 5.29% for the last 4 weeks. AO Smith Corp. is up 12.09% in the last 3-month period. Year-to-Date the stock performance stands at 10.94%.

Currently the company Insiders own 1.76% of Smith (A.O.) Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.17% . Institutional Investors own 75.04% of Smith (A.O.) Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.12%. . On the companys insider trading activities,The officer (Senior Vice President – CIO) of Smith A O Corp, Martineau Peter R sold 3,800 shares at $83.1 on May 27, 2016. The Insider selling transaction had a total value worth of $315,780. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Smith (A.O.) Corporation (NYSE:AOS) rose 0.72% or 0.6 points on Friday and made its way into the gainers of the day. After trading began at $83.59 the stock was seen hitting $84.59 as a peak level and $83.49 as the lowest level. The stock ended up at $84.44. The daily volume was measured at 1,395,582 shares. The 52-week high of the share price is $85.39 and the 52-week low is $50.09. The company has a market cap of $7,392 million.

A. O. Smith Corporation operates its business through two segments, which include North America and Rest of World. Both segments manufacture and market a range of residential gas, gas tankless and electric water heaters and commercial water heating equipment. The North America segment manufactures and markets specialty commercial water heating equipment, condensing and non-condensing boilers, and water systems tanks. The Company serves residential and commercial end markets in North America with a range of products, including water heaters, boilers and others. The Rest of World segment manufactures and markets water treatment products, primarily in Asia. The Rest of World segment includes China, Europe and India. The Company supplies water heaters to the residential market in China with a range of product offering, including electric, gas, gas tankless, heat pump and solar units, as well as combi boilers.

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