Shares of Alcoa (AA) Sees Large Inflow of Net Money Flow

Alcoa (AA) : Fridays money flow indicated an uptick to downtick ratio was at 1.11. The total value of inflow transactions on upticks was $28.03 million, whereas, the total value of outflow trades on downticks was $25.24 million. The total money flow was $2.8 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $-1.47 million. The total value of the trades done on upticks was $5.86 million. Downticks saw transactions worth $7.33 million. The total uptick to downtick ratio stood at 0.8, mildly in favor of the bulls. Alcoa (AA) was trading with a -0.25% change over previous days close. It fell $0.03 during the day and reached $10.11. The stock was 1.05% compared to the previous weeks close.


The company Insiders own 0.55% of Alcoa shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 9.07% . Institutional Investors own 68.58% of Alcoa shares. During last six month period, the net percent change held by insiders has seen a change of -0.99%.

In a related news, Sorrell Martin, director of Alcoa Inc., executed a transaction worth $21,353 on July 13, 2016. A total of 1,990 shares were purchased at an average price of $10.73. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Alcoa (NYSE:AA): The stock was completely flat for the day, closing at $10.13 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $10.20, the stock touched an intraday high of $10.27 and a low of $10.01. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $10.13. The total trading volume on Friday was 16,961,032.

Alcoa (AA) has been under a strong bear grip, hence the stock is down -3.4% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.79% in the past 1 week. The stock has risen by 1.3% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.52% in the past 4 weeks.

Alcoa Inc. (Alcoa) is engaged in lightweight metals engineering and manufacturing. The Company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Its products, which include aluminum, titanium and nickel, are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications across the world. It also produces and manages primary aluminum, fabricated aluminum and alumina combined, through its active participation in the aspects of the industry, including technology, mining, refining, smelting, fabricating, and recycling. The Company has investments and operating activities in Australia, Brazil, China, Guinea, Iceland, Russia and Saudi Arabia, among others. It produces three dimensional (3D-printed) titanium, specialty metals and plastic parts for aerospace, medical and energy applications.

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