Large Outflow of Money Witnessed in MSC Industrial Direct Company

MSC Industrial Direct Company (MSM) : Tuesdays money flow analysis of MSC Industrial Direct Company (MSM) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $19.44 million. In comparison, the inflow of money on upticks was a meager $14.52 million. The dollar value of composite uptick trades minus the downtick trades was negative $4.92 million. The uptick to downtick ratio of 0.75 in the money flow shows weakness. The uptick block trades were valued at $5.19 million. The downtick transaction value was high at $9.8 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.53. Hence, the net money flow in the stock was negative ($4.61 million). MSC Industrial Direct Company (MSM) gained $0.23 at $72.9, a change of 0.32% over the previous days close.


The company Insiders own 31.75% of MSC Industrial Direct Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.09% . Institutional Investors own 77.74% of MSC Industrial Direct Company shares. During last six month period, the net percent change held by insiders has seen a change of -3.15%. In an insider trading activity, The Securities and Exchange Commission has divulged that Sandler David, director officer (Executive Vice Chairman) of Msc Industrial Direct Co Inc, had unloaded 1,500 shares at an average price of $74.5 in a transaction dated on May 17, 2016. The total value of the transaction was worth $111,750.

Shares of MSC Industrial Direct Co. Inc. rose by 3.41% in the last five trading days and 0.34% for the last 4 weeks. MSC Industrial Direct Co. Inc. has dropped 1.84% during the last 3-month period . Year-to-Date the stock performance stands at 31.82%.

MSC Industrial Direct Company (NYSE:MSM): stock turned positive on Tuesday. Though the stock opened at $72, the bulls momentum made the stock top out at $73.06 level for the day. The stock recorded a low of $71.42 and closed the trading day at $72.79, in the green by 0.17%. The total traded volume for the day was 1,021,714. The stock had closed at $72.67 in the previous days trading.

MSC Industrial Direct Co., Inc. (MSC) is direct marketers and distributors of a range of metalworking and maintenance, repair and operations (MRO) products to customers throughout the United States. The Company operates primarily in the United States, with customers in all 50 states, through a network of five customer fulfillment centers (four customer fulfillment centers are located within the United States and one is located in the United Kingdom and 106 branch offices (104 branches are located within the United States, one is located in the United Kingdom and the other is located in Mexico). Its products represent a range of MRO products that include cutting tools; measuring instruments; tooling components; metalworking products; fasteners; flat stock; raw materials; abrasives; machinery hand and power tools; safety and janitorial supplies; plumbing supplies; materials handling products; power transmission components and electrical supplies.

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