Large Outflow of Money Witnessed in General Mills

General Mills (NYSE:GIS) had an volatile session and gained 0.07 points till last call. The price was at $65.41, gaining 0.11% till the last intraday data. The total uptick value was $22.41 million while the total downtick value was $36.46 million. The shares saw a net money flow of $(-14.05) million and the up/down ratio stood at 0.61. The stock has seen a change of of 2.7% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-15.22) million. Almost $0 million were received in upticks and approximately $15.22 million were lost in downticks, thereby giving the up/down ratio of 0.


Currently the company Insiders own 1.4% of General Mills shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.32% . Institutional Investors own 71.31% of General Mills shares. During last six month period, the net percent change held by insiders has seen a change of -5.32%. On the companys insider trading activities,The officer (Executive Vice President) of General Mills Inc, Mulligan Donal L sold 45,968 shares at $64.5 on May 12, 2016. The Insider selling transaction had a total value worth of $2,964,936. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

General Mills (NYSE:GIS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.56 points or 0.86% at $64.85 with 2,407,791 shares getting traded. Post opening the session at $65.02, the shares hit an intraday low of $64.73 and an intraday high of $65.4934 and the price was in this range throughout the day. The company has a market cap of $38,547 million and the number of outstanding shares have been calculated to be 594,401,540 shares. The 52-week high of General Mills (NYSE:GIS) is $65.5 and the 52-week low is $47.43.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Goldman Sachs downgrades its rating on General Mills (NYSE:GIS). The rating major has initiated the coverage with sell rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on May 24, 2016.

General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S. Retail, International, and Convenience Stores and Foodservice. The Company offers a range of food products with a focus on five categories: ready-to-eat cereal; convenient meals, including meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast and frozen entrees; snacks, including grain, fruit and savory snacks, nutrition bars and frozen hot snacks; yogurt, and super-premium ice cream. The Companys other product categories include baking mixes and ingredients; refrigerated and frozen dough, and frozen and shelf-stable vegetables. The Company has 50% interests in two joint ventures that manufacture and market food products.

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