Large Inflow of Money Witnessed in Valspar Corporation (The)

Valspar Corporation (The) (NYSE:VAL) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $9.54 million worth of transactions were on upticks, whereas, the downticks accounted for $6.9 million worth of transactions. The net money flow was a positive $2.64 million and the uptick to downtick ratio was 1.38. The net money flow into the stock was $3.35 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $3.35 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Valspar Corporation (The) (NYSE:VAL) was trading at $107.38, down $0.23 during day. The stock slid -0.21% over the previous days close. For the week, the stock recorded -0.2% over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Hendrickson Gary E, director officer (Chairman, President and CEO) of Valspar Corp, had unloaded 50,000 shares at an average price of $84.65 in a transaction dated on December 7, 2015. The total value of the transaction was worth $4,232,500. Currently the company Insiders own 3.13% of Valspar Corporation (The) shares according to the proxy statements. Institutional Investors own 73.64% of Valspar Corporation (The) shares.

The company shares have rallied 29.17% from its 1 Year high price. On Jun 20, 2016, the shares registered one year high at $108.82 and the one year low was seen on Sep 28, 2015. The 50-Day Moving Average price is $107.65 and the 200 Day Moving Average price is recorded at $93.86. Valspar Corporation (The) (NYSE:VAL): The stock opened at $107.61 on Wednesday but the bulls could not build on the opening and the stock topped out at $107.93 for the day. The stock traded down to $107.11 during the day, due to lack of any buying support eventually closed down at $107.38 with a loss of -0.21% for the day. The stock had closed at $107.61 on the previous day. The total traded volume was 309,780 shares.

The Valspar Corporation is engaged in developing, manufacturing and distributing a range of coatings, paints and related products. The Company operates through two business segments: Coatings and Paints. The Coatings segment includes the Companys industrial product lines and packaging product line. The Company offers a range of decorative and protective coatings for metal, wood and plastic, primarily for sale to original equipment manufacturing (OEM) customers in Asia, Australia, Europe, North America and South America. The Paints segment includes the Companys consumer paints and automotive paint refinish product lines. The Company offers a range of paints, primers, topcoats and aerosol spray paints through retailers, distribution networks and Company-owned stores.

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