Large Outflow of Money Witnessed in Sensata Technologies Holding N.V.

Sensata Technologies Holding N.V. (ST) managed to eke out gains of 1.5% in intraday trade. The share price increased by 0.63 points to $42.58. Till last observation, the net money flow was recorded at a negative $(-3.6) million. The total inflow of $7.11 million in upticks was completely overshadowed by an outflow of $10.71 million in downticks, giving the up/down ratio a value of 0.66. The shares have seen a change of -0.44% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $1.72 million and the composite value in downticks was $6.47 million. The resultant up/down ratio for the block exchange was 0.27. The block trade had a negative money flow of $(-4.75) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Sensata Technologies Holding N.V. has dropped 0.82% in the last five trading days, however, the shares have posted positive gains of 8.88% in the last 4 weeks. Sensata Technologies Holding N.V. is up 18.7% in the last 3-month period. Year-to-Date the stock performance stands at 8.88%. Sensata Technologies Holding N.V. (NYSE:ST) rose 1.1% or 0.46 points on Wednesday and made its way into the gainers of the day. After trading began at $42.17 the stock was seen hitting $42.825 as a peak level and $42.07 as the lowest level. The stock ended up at $42.41. The daily volume was measured at 2,177,089 shares. The 52-week high of the share price is $43.68 and the 52-week low is $29.915. The company has a market cap of $7,246 million.

Company has reported several Insider transactions to the SEC, on May 2, 2016, Martha N. Sullivan (President and CEO) sold 120,287 shares at 38.56 per share price.On Nov 18, 2015, Martin J Carter (SVP, Sensing Solutions) sold 66,000 shares at 43.87 per share price.On Nov 4, 2015, Geert Braaksma (Vice President Global HVOR) sold 54,874 shares at 49.29 per share price.

Sensata Technologies Holding N.V. Last issued its quarterly earnings results on Oct 25, 2016. The company reported $0.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.73. The company had revenue of $789.80 million for the quarter, compared to analysts expectations of $792.84 million. The companys revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by RBC Capital Mkts on Jan 9, 2017 to Outperform, Raises Price Target to $ 46 from a previous price target of $40 .

Sensata Technologies B.V., through its subsidiaries, is a supplier of sensing, electrical protection, control and power management solutions. The Company produces a range of sensors and controls for mission critical applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. Sensatas products include pressure sensors, force sensors, position sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches. It develops solutions for specific customer requirements or applications across automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications. Sensata Technologies B.V. is based in Almelo, the Netherlands.

Sensata

Share this post

Leave a Reply