Aramark (NYSE:ARMK) dropped -0.59% or -0.2 points to trade at $33.67 per share. As per the latest trading data available, the net money flow stood at $25.99 million as the shares received $41.48 million in upticks and gave away $15.49 million in downticks. The final up/down ratio was at 2.68. On a weekly basis, the stock has seen a change of 1.26%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 3.52. $35.36 million was the inflow in upticks and $10.06 million was the outflow in downticks. For the block trade, the net money flow was $25.3 million.
Currently the company Insiders own 2.5% of Aramark shares according to the proxy statements. Institutional Investors own 94.27% of Aramark shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mckee Lynn, officer (EVP, Human Resources) of Aramark, had unloaded 125,000 shares at an average price of $33.26 in a transaction dated on June 1, 2016. The total value of the transaction was worth $4,157,500.
Aramark (NYSE:ARMK) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.12% at $33.63 with 1,733,948 shares getting traded. Post opening the session at $33.49, the shares hit an intraday low of $33.46 and an intraday high of $33.755 and the price was in this range throughout the day. The company has a market cap of $8,166 million and the number of outstanding shares have been calculated to be 242,825,330 shares. The 52-week high of Aramark (NYSE:ARMK) is $35.06 and the 52-week low is $28.09.
Many analysts have stated their opinion on the company shares. Nomura initiates coverage on Aramark (NYSE:ARMK). Nomura has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $39 per share. The rating by the firm was issued on April 19, 2016.
Aramark, formerly ARAMARK Holdings Corporation, is a global provider of food, facilities and uniform services to education, healthcare, business and industry and sports, leisure and corrections clients. The Companys core market is North America. It serves students, patients, employees, sports fans and guests worldwide. It serves over 500 million meals annually to approximately five million students at colleges, universities, and K-12 schools, services over 2,000 healthcare facilities, caters to approximately 100 million sports fans, and operates in 22 countries in North America, Europe, Asia and South America, as of September 28, 2012. It operates in three reportable segments: food and Support Services North America, or FSS North America, Food and Support Services International, or FSS International, and Uniform and Career Apparel, or Uniform.