Large Outflow of Money Witnessed in Westar Energy

Westar Energy (NYSE:WR) traded higher in the last at $56.11, gaining 0.34 points or 0.61%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-10.72) million. The composite uptick value of $6.54 million was eclipsed by the accrued downtick value of $17.26 million, thereby ensuring the up/down ratio of 0.38. For the week, the shares have posted returns of -0.46%.A block trade registered during the day has revealed $0 million in upticks and $10.51 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-10.51) million.

Westar Energy, Inc. has dropped 0.37% in the last five trading days, however, the shares have posted positive gains of 10.15% in the last 4 weeks. Westar Energy, Inc. is up 16.99% in the last 3-month period. Year-to-Date the stock performance stands at 34.5%.

Currently the company Insiders own 0.61% of Westar Energy shares according to the proxy statements. Institutional Investors own 70.27% of Westar Energy shares. During last six month period, the net percent change held by insiders has seen a change of -7.19%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Strategy) of Westar Energy Inc /Ks, Greenwood Greg A had sold 5,000 shares worth of $234,500 in a transaction dated March 10, 2016. In this transaction, 5,000 shares were sold at $46.9 per share.

Westar Energy (NYSE:WR) rose 0.7% or 0.39 points on Friday and made its way into the gainers of the day. After trading began at $55.75 the stock was seen hitting $56.16 as a peak level and $55.64 as the lowest level. The stock ended up at $56.16. The daily volume was measured at 1,547,650 shares. The 52-week high of the share price is $57.245 and the 52-week low is $33.88. The company has a market cap of $7,957 million.

Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company provides electric generation, transmission and distribution services to approximately 693,000 customers in Kansas. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energys wholly owned subsidiary, provides the services in south-central and southeastern Kansas, including the city of Wichita. Both Westar Energy and KGE conduct business using the name Westar Energy. The Company supplies electric energy at retail to customers in Kansas. The Company also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas. The Company classifies it customer as residential, commercial and industrial. It has around 6,645 megawatts (MW) of generating capacity in service. Its installed wind power generation capacity is around 515 MW.

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