The Almost Risk-Free Investment: Dow Inc. (DOW) and Fortive Corporation (FTV)

On Dec 13, BELL JAMES A, Director sold 5,404 shares of Dow Inc. (NYSE: DOW), with the average selling price of the stock being $53.61 per share. The total amount realized from this sold $289,726. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Director – DAVIS RICHARD K bought an extra 6,000 shares of this stock in a transaction that took place a day before, on Dec 10, with a share bought at an average of $52.91 and a total of $317,460 was realized from this transaction. After the transaction, the Director – DAVIS RICHARD K was left with 13,297 shares of the company’s stock, which is currently worth around $703544.27.

The recent price movement of DOW means that it is now down by -13.63% from its 52-week high and 29.25% up against its 52-week low prices. Over the past one week, the price volatility of DOW stands at 2.18% while the volatility over the past one month is 1.94%.

The shares of Dow Inc. (DOW) gained by 0.06%, leading to a gain of $0.03 per share, and saw DOW end the trading session at $52.27 on Wednesday 01/15/20. DOW started the trading session at $52.19, before reaching a daily high of $52.65. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $51.70.

The trading volume on Wednesday stood at 2227528, which was below the stock’s 3-month average volume of 3.78 million shares, out of a total 740.77M shares. As the price of the stock climbed, the market valuation of the company gained to 39.28 billion.

The shares of Fortive Corporation (NYSE: FTV) went down by -0.43% by the end of the recent trading session. This movement saw its price plunge to close at $78.00, which was lower than the previous closing price of $78.34. Over the past one week, the price of FTV has jumped by 1.29%, while it has recorded a gain of 3.74% over the past one month. Its three-month performance saw FTV gain 12.21% while its six-month performance saw it drop by -2.13%. The situation is different though over the past one year, as the stock price went up by 11.44%, while its year-to-date (YTD) price performance jumped by 2.11%. The stock price has gone up by +15.54% compared to its 90-day low, while it is down -1.76% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 1,635,490 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,680,838 shares and the indicators have an average rating of 50% Buy. The last indicators, the long-term see FTV stock with a 100-Day average volume of 2,009,396 shares, giving it an average rating of 50% Buy. A look at the general picture of all short, medium and long-term indicators leaves FTV with an average rating of 72% Buy.

Several brokerage firms sent out their reports FTV stock not long ago. In its report sent out on January 09, 2020, Wolfe Research lowered its ratings on FTV from a Peer Perform to a Outperform. In an earlier report on December 11, 2019, Morgan Stanley Upgrade the stock from a Equal-Weight to a Overweight. Credit Suisse meanwhile in its report on December 09, 2019 Upgrade its rating of the stock from a “Outperform” to “Outperform”.

In related news to the company’s stock, around 85.60% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 847 institutions currently hold the FTV stock. In the last quarter, a 280,604,157 FTV shares were in the possession of institutions. On the other hand, the company recorded 56 new institutions who bought it their stock, while 85 institutions sold their entire FTV reserve. Of the current institutions investing in the stock, 316 increased their investment while 397 decreased their investment in the stock.