Shares of Illinois Tool Works (ITW) Sees Large Inflow of Net Money Flow

Illinois Tool Works (ITW) : Illinois Tool Works (ITW) had a healthy money flow of $4.32 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $23.9 million, whereas, investors only sold shares worth $19.58 million on downticks. The stock closed the day with an up-down ratio of 1.22.The money flow in the block trades to the tune of $7.09 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $8.34 million worth of transactions were on upticks. A paltry $1.25 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 6.67. Illinois Tool Works (ITW) stock slid $0.56 intraday and traded at 110.66, a change of -0.5% over previous days close. However, for the week, the company shares are 2.12% compared to previous weeks close.


Illinois Tool Works Inc. is up 5.68% in the last 3-month period. Year-to-Date the stock performance stands at 20.72%. Shares of Illinois Tool Works Inc. rose by 1.51% in the last five trading days and 5.67% for the last 4 weeks. In a related news,The officer (Executive Vice President) of Illinois Tool Works Inc, Nagarajan Sundaram sold 4,560 shares at $110 on July 12, 2016. The Insider selling transaction had a total value worth of $501,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Illinois Tool Works (NYSE:ITW): On Mondays trading session , Opening price of the stock was $111.11 with an intraday high of $111.28. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $110.2801. However, the stock managed to close at $110.66, a loss of 0.50% for the day. On the previous day, the stock had closed at $111.22. The total traded volume of the day was 919,876 shares.

Illinois Tool Works Inc. (ITW) is a manufacturer of a range of industrial products and equipment. The Companys operates in seven segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products and Specialty Products. These operations serve end markets as automotive original equipment manufacturers/tiers, automotive aftermarket, general industrial, commercial food equipment and construction. It produces components and fasteners for automotive-related applications; equipment, consumables and related software; commercial food equipment, adhesives, sealants, lubrication and cutting fluids; arc welding equipment, consumables and accessories; construction fastening systems and truss products, and beverage packaging equipment and consumables. The Company operates approximately 90 divisions in 57 countries.

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