Large Inflow of Money Witnessed in AmeriGas Partners L.P.

AmeriGas Partners L.P. (NYSE:APU) : AmeriGas Partners L.P. (NYSE:APU) had a healthy money flow of $0.41 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $2.73 million, whereas, investors only sold shares worth $2.32 million on downticks. The stock closed the day with an up-down ratio of 1.18.The money flow in the block trades to the tune of $0.01 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.01 million worth of transactions were on upticks. AmeriGas Partners L.P. (NYSE:APU) stock slid $0.02 intraday and traded at 46.39, a change of -0.04% over previous days close. However, for the week, the company shares are 3% compared to previous weeks close.


In an insider trading activity, Gallagher Hugh J., CFO of Amerigas Partners Lp had purchased 208 shares on February 18, 2016 in a transaction. The price per share was $39.22 and the total amount of the disclosed transaction was $8,158.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices. Currently the company Insiders own 0.29% of AmeriGas Partners L.P. shares according to the proxy statements. Institutional Investors own 24.18% of AmeriGas Partners L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 2.29%.

The company shares have rallied 0.69% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $47.85 and the one year low was seen on Dec 11, 2015. The 50-Day Moving Average price is $44.58 and the 200 Day Moving Average price is recorded at $40.97. AmeriGas Partners L.P. (NYSE:APU): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.82 and $46.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.43, notching a gain of 0.04% for the day. The total traded volume was 219,600 . The stock had closed at $46.41 on the previous day.

Amerigas Partners, L.P. is a holding company. The Company conducts its business principally through its subsidiary, AmeriGas Propane, L.P. (AmeriGas OLP), a Delaware limited partnership. AmeriGas Propane, Inc. is the Companys general partner (the General Partner) and is responsible for managing its operations. The General Partner is a wholly owned subsidiary of UGI Corporation (UGI), a publicly traded company. The Partnership serves approximately 2 million residential, commercial, industrial, agricultural, wholesale and motor fuel customers in all 50 states from over 2,000 propane distribution locations. In addition to distributing propane, the Partnership also sells, installs and services propane appliances, including heating systems. The Partnership sells propane primarily to residential, commercial/industrial, motor fuel, agricultural and wholesale customers.

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