Shares of Sysco Corporation (SYY) Sees Large Inflow of Net Money Flow

Sysco Corporation (SYY) : On Tuesday, The money flowed into the Sysco Corporation (SYY) stock with an uptick to downtick ratio was recorded at 1.21. Transactions worth $8.25 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $6.84 million. The total money flow into the stock was $1.41 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $2.64 million of block transactions on upticks. The total money flow in block trades was $2.64 million. In terms of price action, Sysco Corporation (SYY) traded down $0.36 during the session at $51.28. Compared to the previous days closing, the stock was down only by -0.7%. For the week, the stock is -0.61%, over previous weeks closing.


The company Insiders own 7.77% of Sysco Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.46% . Institutional Investors own 78.67% of Sysco Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -7.12%. In an insider trading activity, The Securities and Exchange Commission has divulged that Grade Joel T., officer (EVP and CFO) of Sysco Corp, had unloaded 16,398 shares at an average price of $51 in a transaction dated on July 5, 2016. The total value of the transaction was worth $836,298.

Sysco Corporation has dropped 0.23% in the last five trading days, however, the shares have posted positive gains of 5.37% in the last 4 weeks. Sysco Corporation is up 9.48% in the last 3-month period. Year-to-Date the stock performance stands at 27.18%.

Sysco Corporation (NYSE:SYY): On Tuesdays trading session , Opening price of the stock was $51.62 with an intraday high of $51.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $50.995. However, the stock managed to close at $51.08, a loss of 1.08% for the day. On the previous day, the stock had closed at $51.64. The total traded volume of the day was 4,218,514 shares.

Sysco Corporation (Sysco) along with its subsidiaries and divisions, is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425,000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. Sysco provides food and related products to the foodservice or food-away-from-home industry. The Company has aggregated its operating companies into a number of segments, of which only Broadline and SYGMA are the main segments. Broadline operating companies distribute a line of food products and a variety of non-food products to their customers. SYGMA operating companies distribute a line of food products and a variety of non-food products to chain restaurant customer locations. The Companys other segments include its specialty produce, custom-cut meat and lodging industry products segments.

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