Shares of Southwest Airlines Company (LUV) Rally 6.46%

Southwest Airlines Company (LUV) : Traders are bullish on Southwest Airlines Company (LUV) as it has outperformed the S&P 500 by a wide margin of 4.06% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.89%, 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 6.46% in the last 1 week, and is up 8.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 8.13% and the 50-Day Moving Average is 4.69%.

Southwest Airlines Company (NYSE:LUV): The stock opened at $43.12 on Friday but the bulls could not build on the opening and the stock topped out at $43.57 for the day. The stock traded down to $42.70 during the day, due to lack of any buying support eventually closed down at $43.16 with a loss of -0.02% for the day. The stock had closed at $43.17 on the previous day. The total traded volume was 5,868,531 shares.


The company Insiders own 0.18% of Southwest Airlines Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.77% . Institutional Investors own 79.86% of Southwest Airlines Company shares. During last six month period, the net percent change held by insiders has seen a change of -20.54%. In a related news, The director, of Southwest Airlines Co, Montford John T had unloaded 1,210 shares at $43.31 per share in a transaction on June 7, 2016. The total value of transaction was $52,405. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products, such as Business Select, Fly By Priority Lanes and SWABIZ. Its Website,, enables purchasing and managing travel online. It offers and in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In, Pets Are Welcome on Southwest (P.A.W.S.) products, Automated Outbound Messaging (AOM) service and

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