Shares of Northrop Grumman Corporation (NOC) Sees Large Inflow of Net Money Flow

Northrop Grumman Corporation (NOC) stock had a bullish inflow of $39.94 million worth of trades on uptick and an outflow of $27.18 million in downticks on Friday. The total uptick to downtick ratio stood at 1.47. The net money flow into the stock was $12.76 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $11.68 million. $11.68 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Northrop Grumman Corporation (NOC) stock traded down $0.24 , and reached $211.83, a drop of -0.11% over the previous day. On a weekly basis, the stock is -0.05%, over the previous weeks close.


The company Insiders own 0.9% of Northrop Grumman Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.99% . Institutional Investors own 82.83% of Northrop Grumman Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -28.05%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Corp VP & Pres Tech Svcs) of Northrop Grumman Corp /De/, Jones Christopher T had sold 240 shares worth of $50,928 in a transaction dated September 1, 2016. In this transaction, 240 shares were sold at $212.2 per share.

Northrop Grumman Corporation (NYSE:NOC): The stock opened at $212.36 and touched an intraday high of $213.62 on Friday. During the day, the stock corrected to an intraday low of $212.06, however, the bulls stepped in and pushed the price higher to close in the green at $213.24 with a gain of 0.67% for the day. The total traded volume for the day was 592,003. The stock had closed at $211.83 in the previous trading session.

Northrop Grumman Corporation (NOC) has been under a strong bear grip, hence the stock is down -2.48% 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 0.11% in the past 1 week. The stock has risen by 0.62% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.61% in the past 4 weeks.

Northrop Grumman Corporation is a global security company. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to government and commercial customers across the world. The Company operates through four segments: Aerospace Systems, Electronic Systems, Information Systems and Technical Services. It offers a portfolio of capabilities and technologies that enable it to deliver systems and solutions for applications. It participates in many high-priority defense and Government programs in the United States and abroad. The Company conducts business with the United States Government, the Department of Defense (DoD) and intelligence community. The Company also conducts business with local, state, and foreign Governments and domestic and international commercial customers.

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