MTS Systems Corporation (MTSC) : Fridays money flow data in MTS Systems Corporation (MTSC) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $0.47 million, whereas, $0.2 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 2.31, in favor of the bulls. The total money flow into the stock was $0.27 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $0 million. The total value of block trades done on upticks was $0 million. MTS Systems Corporation (MTSC) fell $0.11 and traded at $49.9, down -0.22% for the day, over previous days close. On a weekly basis, the shares are -0.4% over the previous weeks close.
The company Insiders own 1.5% of MTS Systems Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.32% . Institutional Investors own 97.37% of MTS Systems Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 13.02%.
In a related news, The Securities and Exchange Commission has divulged that Bachrach William E, officer (SVP Test Division) of Mts Systems Corp, had unloaded 491 shares at an average price of $49.32 in a transaction dated on August 19, 2016. The total value of the transaction was worth $24,216.
MTS Systems Corporation (NASDAQ:MTSC): The stock opened at $50.26 and touched an intraday high of $50.6 on Friday. During the day, the stock corrected to an intraday low of $49.4, however, the bulls stepped in and pushed the price higher to close in the green at $50.46 with a gain of 0.90% for the day. The total traded volume for the day was 118,184. The stock had closed at $50.01 in the previous trading session.
MTS Systems Corporation (MTSC) : Traders are bullish on MTS Systems Corporation (MTSC) as it has outperformed the S&P 500 by a wide margin of 7% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.21%, 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 0.72% in the last 1 week, and is up 6.86% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
MTS Systems Corporation (MTS) is a global supplier of test systems and position sensors. The Companys operations are organized and managed in two business segments: the Test segment and the Sensors. Testing segments testing hardware, software and services solutions help customers improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. Test also sells a range of accessories and spare parts, as well as services, including installation, calibration, maintenance, training and consulting. MTS sensors segment provides controls for a range of industrial and vehicular applications. The segments customer industries include manufacturers of plastic injection molding machines, steel mills, fluid power, oil and gas, medical, wood product processing equipment, mobile equipment, and energy.