Shares of Aetna (AET) Sees Large Outflow of Money

Aetna (AET) : The total money flow in Aetna (AET) was negative ($11.8 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $60.68 million. In comparison, the inflow of money into the stock on upticks was $48.88 million. The uptick to downtick ratio was 0.81. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $12.55 million. The value of transactions on uptick was $3 million. The negative money flow of ($9.55 million) confirms the selling in Aetna (AET) on strength. The uptick to downtick ratio of block trades was 0.24. Aetna (AET) gained $0.56 at $119.74, a gain of 0.47% over the previous days close. However, the stock registered 2.34% in the week.


The stock has recorded a 20-day Moving Average of 0.06% and the 50-Day Moving Average is 2.46%. Shares have rallied 2.12% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $125.47 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $118.50 and the 200 Day Moving Average price is recorded at $111.25.

Aetna (NYSE:AET): The stock opened at $120.11 on Thursday but the bulls could not build on the opening and the stock topped out at $120.98 for the day. The stock traded down to $119.06 during the day, due to lack of any buying support eventually closed down at $119.15 with a loss of -0.03% for the day. The stock had closed at $119.18 on the previous day. The total traded volume was 3,466,861 shares.

In an insider trading activity,The officer (EVP, Operations & Technology) of Aetna Inc /Pa/, Mccarthy Margaret M sold 39,169 shares at $114.45 on May 10, 2016. The Insider selling transaction had a total value worth of $4,482,892. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Aetna Inc. is a diversified health care benefits company. The Company offers a range of traditional, voluntary and consumer-directed health insurance products and related services. The Companys operations are conducted in three business segments: Health Care, Group Insurance and Large Case Pensions. The Companys Health Care segment includes medical, pharmacy benefit management services, dental, behavioral health and vision plans. The Companys Group Insurance segments products consist primarily of Life Insurance Products, Disability Insurance Products and Long-Term Care Insurance Products. The Companys Large Case Pensions segment manages a variety of retirement products (including pension and annuity products) primarily for tax-qualified pension plans. The Companys customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, Governmental units, Government-sponsored plans, labor groups and expatriates.

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