Shares of Pentair plc. (PNR) Sees Large Inflow of Net Money Flow

Pentair plc. (PNR) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $27.32 million worth of transactions were on upticks, whereas, the downticks accounted for $15.54 million worth of transactions. The net money flow was a positive $11.78 million and the uptick to downtick ratio was 1.76. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 4.55 in their favor. The net money flow into the stock was $11.18 million. The value of block trades done on downticks was only $3.15 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $14.34 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Pentair plc. (PNR) was trading at $63.21, down $0.84 during day. The stock slid -1.31% over the previous days close. For the week, the stock recorded -0.77% over the previous weeks close.


The company Insiders own 2.3% of Pentair plc. shares according to the proxy statements. Institutional Investors own 83.28% of Pentair plc. shares.

In a related news,The officer (Executive Vice President, CFO) of Pentair Plc, Stauch John L sold 112,500 shares at $65.3 on August 23, 2016. The Insider selling transaction had a total value worth of $7,346,250. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Pentair plc. (NYSE:PNR): The stock opened at $63.76 and touched an intraday high of $64.17 on Friday. During the day, the stock corrected to an intraday low of $63.485, however, the bulls stepped in and pushed the price higher to close in the green at $64.02 with a gain of 1.28% for the day. The total traded volume for the day was 955,329. The stock had closed at $63.21 in the previous trading session.

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