Shares of Graco (NYSE:GGG) Sees Large Inflow of Net Money Flow

Graco (NYSE:GGG) dropped slightly amid mild profit booking and the last known price was $79.9 per share. The price decreased by -0.14 points or -0.17% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $0.65 million. The total upticks were valued at $1.36 million and the total downticks aggregated to $0.7 million, thereby putting the up/down ratio at 1.93,. The shares have seen a change in the share price of -1.43% on a weekly basis.In a big block trade which occurred today, the total uptick value was $0.98 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $0.98 million.


Currently the company Insiders own 5.6% of Graco shares according to the proxy statements. Institutional Investors own 92.54% of Graco shares. During last six month period, the net percent change held by insiders has seen a change of -0.84%. On the companys insider trading activities, The officer (Vice President), of Graco Inc, Rescorla Charles L had unloaded 22,500 shares at $81.73 per share in a transaction on June 2, 2016. The total value of transaction was $1,838,925. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Graco (NYSE:GGG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.46 points or 0.57% at $79.58 with 218,256 shares getting traded. Post opening the session at $79.61, the shares hit an intraday low of $79.38 and an intraday high of $80.27 and the price was in this range throughout the day. The company has a market cap of $4,426 million and the number of outstanding shares have been calculated to be 55,614,000 shares. The 52-week high of Graco (NYSE:GGG) is $86.62 and the 52-week low is $63.05.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm SunTrust Robinson Humphrey downgrades its rating on Graco (NYSE:GGG). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 14, 2016.

Graco Inc. (Graco) is a manufacturing company. The Company designs, manufactures and markets equipment to pump, meter, mix and dispense a variety of fluids and coatings. Its equipment is used in the construction, automotive, industrial, mining, oil and natural gas, process, public works and other industries. The Company operates in three segments: Industrial, Contractor and Lubrication. The Industrial segment markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Contractor segment markets sprayers for architectural coatings for painting, corrosion control, texture and line striping. The Lubrication segment markets products to move and dispense lubricants for service garages, fleet service centers, automobile dealerships, the mining industry and industrial lubrication applications. Graco sells its products in North, Central and South America, Europe, Middle East and Africa, and Asia Pacific.

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