Large Outflow of Money Witnessed in General Motors Company

General Motors Company (NYSE:GM) surged 0.07% during the last session. The last traded price was up 0.02 points at $29.08. The data for the fund flow suggests that the net intraday money flow was $(-5.83) million. The fund value in upticks was recorded to be $44.61 million and in downticks, it was found to be $50.43 million. The up/down ratio for the day was measured to be 0.88. For the week, the shares have seen a percentage change of -1.76%.A block trade of $(-3.57) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $2.62 million and that of downticks was $6.19 million. The block tradeoff had the up/down ratio of 0.42.


Currently the company Insiders own 0.04% of General Motors Company shares according to the proxy statements. Institutional Investors own 74.58% of General Motors Company shares. During last six month period, the net percent change held by insiders has seen a change of -79.93%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of General Motors Co, Deluca James B. had sold 10,374 shares worth of $326,574 in a transaction dated May 27, 2016. In this transaction, 10,374 shares were sold at $31.48 per share.

General Motors Company (NYSE:GM) : On Monday heightened volatility was witnessed in General Motors Company (NYSE:GM) which led to swings in the share price. The stock opened for trading at $28.85 and hit $29.4 on the upside , eventually ending the session at $29.08, with a gain of 0.07% or 0.02 points. The heightened volatility saw the trading volume jump to 13,871,284 shares. The 52-week high of the share price is $36.88 and the company has a market cap of $44,778 million. The 52-week low of the share price is at $24.62 .

Many analysts have stated their opinion on the company shares. Piper Jaffray initiates coverage on General Motors Company (NYSE:GM). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at Piper Jaffray announces a current price target of $41 per share. The rating by the firm was issued on June 9, 2016.

General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Companys four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline, E85 ethanol or any combination of the two.

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