Shares of TE Connectivity Ltd. (TEL) Sees Large Inflow of Net Money Flow

TE Connectivity Ltd. (TEL) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $74.17 with a loss of -0.18 points or -0.24%. The net money flow was $5.81 million and the up/down ratio was 1.53. Approximately $16.75 million was the inflow in upticks and $10.94 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -0.44%.The shares witnessed a block transaction with a net money flow of $5.36 million. The total money in uptick was $5.36 million and in downtick was $0 million with the up/down ratio reaching 0.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

TE Connectivity Ltd. has dropped 0.73% in the last five trading days, however, the shares have posted positive gains of 7.71% in the last 4 weeks. TE Connectivity Ltd. is up 19.35% in the last 3-month period. Year-to-Date the stock performance stands at 7.71%. TE Connectivity Ltd. (NYSE:TEL) rose 0.36% or 0.27 points on Wednesday and made its way into the gainers of the day. After trading began at $74.91 the stock was seen hitting $75.13 as a peak level and $73.65 as the lowest level. The stock ended up at $74.62. The daily volume was measured at 1,613,900 shares. The 52-week high of the share price is $76.46 and the 52-week low is $51.7. The company has a market cap of $26,512 million.

Company has reported several Insider transactions to the SEC, on Jan 30, 2017, James Otoole (President, Communications Sol.) sold 32,688 shares at 73.40 per share price.On Jan 30, 2017, Joan Wainwright (Pres., Channel & Customer Exp.) sold 43,138 shares at 73.82 per share price.On Jan 4, 2017, Thomas J Lynch (Chairman & CEO) sold 123,633 shares at 69.18 per share price.

TE Connectivity Ltd Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $1.00. The company had revenue of $3063.00 million for the quarter, compared to analysts expectations of $3011.49 million. The companys revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 26, 2017 to Buy, Raises Price Target to $ 81 from a previous price target of $75 .TE Connectivity Ltd was Upgraded by Longbow to Buy on Jan 12, 2017. TE Connectivity Ltd was Downgraded by Goldman to Sell on Jan 4, 2017.

TE Connectivity Ltd., formerly known as Tyco Electronics Ltd., operates as a global provider of engineered electronic components; network solutions and systems; and wireless systems. The Companys engineered electronic components are applicable in consumer and industrial products, network solutions and systems are applicable in telecommunications and energy markets; and wireless systems are applicable for critical communications, radar and defense applications. The Company designs, manufactures and markets products for customers in industries ranging from automotive, appliance, aerospace and defense to telecommunications, computers and consumer electronics. TE Connectivity Ltd. is based in Schaffhausen, Switzerland.


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