Large Inflow of Money Witnessed in Sherwin-Williams Company (The)

Sherwin-Williams Company (The) (NYSE:SHW) : Sherwin-Williams Company (The) (NYSE:SHW) had a healthy money flow of $0.42 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $7.38 million, whereas, investors only sold shares worth $6.96 million on downticks. The stock closed the day with an up-down ratio of 1.06.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. Sherwin-Williams Company (The) (NYSE:SHW) stock slid $0.07 intraday and traded at 289.99, a change of -0.02% over previous days close. However, for the week, the company shares are 2.2% compared to previous weeks close.

Sherwin-Williams

In an insider trading activity,The officer (President, Global Finishes Grp) of Sherwin Williams Co, Sewell David B sold 4,598 shares at $297.39 on May 16, 2016. The Insider selling transaction had a total value worth of $1,367,399. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.89% of Sherwin-Williams Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.48% . Institutional Investors own 78.27% of Sherwin-Williams Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -16.48%.

The company shares have rallied 3.29% from its 1 Year high price. On Apr 21, 2016, the shares registered one year high at $309.00 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $291.19 and the 200 Day Moving Average price is recorded at $276.15. Sherwin-Williams Company (The) (NYSE:SHW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $292.33 and $287.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $292.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $290.41, notching a gain of 0.12% for the day. The total traded volume was 631,504 . The stock had closed at $290.06 on the previous day.

The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Companys segments include Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops, manufactures and distributes a range of paint, coatings and related products to third party customers. The Global Finishes Group develops, licenses, manufactures, distributes and sells a range of protective and marine products, automotive finishes and refinished products, and OEM product finishes, among others. The Latin America Coatings Group develops, licenses, manufactures, distributes and sells a range of architectural paint and coatings, protective and marine products, and OEM product finishes, among others.

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