Stryker Corporation (SYK) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.41 million) and the uptick to downtick ratio was 0.29. The transaction value on upticks was $0.58 million and on downticks, the transaction value was $1.99 million. The transaction value of block trades during downticks was $1.48 million. The money flow was negative ($1.48 million), indicating the traders were booking profit on the price strength. Stryker Corporation (SYK) rose $0.74 at $115.97, during intraday Friday , a rise of 0.64% over the previous days close.
The company Insiders own 7.8% of Stryker Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.35% . Institutional Investors own 75.74% of Stryker Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -3.89%.
In a related news, Stryker Ronda E, director of Stryker Corp, unloaded 12,000 shares at an average price of $115.15 on August 31, 2016. The total amount of the transaction was worth $1,381,800, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Stryker Corporation (NYSE:SYK): The stock opened at $116.35 and touched an intraday high of $116.35 on Friday. During the day, the stock corrected to an intraday low of $115.24, however, the bulls stepped in and pushed the price higher to close in the green at $115.6 with a gain of 0.32% for the day. The total traded volume for the day was 866,053. The stock had closed at $115.23 in the previous trading session.
Stryker Corporation (SYK) : Traders are bullish on Stryker Corporation (SYK) as it has outperformed the S&P 500 by a wide margin of 0.74% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.51%, 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 1.01% in the last 1 week, and is up 0.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Stryker Corporation is a medical technology company. The Company offers a range of products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine, which help improve patient and hospital outcomes.