Shares of MSC Industrial Direct Company (NYSE:MSM) Sees Large Inflow of Net Money Flow

Shares of MSC Industrial Direct Company (NYSE:MSM) saw an erosion of -0.65 points in recent session. During the trading, the value of each share was $72.32, dropping -0.89%. The shares saw high fund-flow as the composite value of all the upticks was $9.22 million and the total value of all the downticks was a mere $7.02 million. The net money flow was seen at $2.2 million and the up/down ratio was measured at 1.31. On a weekly basis the shares of the shares have recorded a change of -3.29%.The block trade which occurred today had $2.67 million in upticks and $0 million in downticks with the up/down ratio climbing to 0. $2.67 million was the net money flow of the block transaction.


Currently the company Insiders own 31.75% of MSC Industrial Direct Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.09% . Institutional Investors own 77.74% of MSC Industrial Direct Company shares. During last six month period, the net percent change held by insiders has seen a change of -4.61%. On the companys insider trading activities,The director officer (Executive Vice Chairman) of Msc Industrial Direct Co Inc, Sandler David sold 1,500 shares at $74.5 on May 17, 2016. The Insider selling transaction had a total value worth of $111,750. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

MSC Industrial Direct Company (NYSE:MSM) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.08 points or 1.48% at $71.89 with 630,841 shares getting traded. Post opening the session at $72.65, the shares hit an intraday low of $71.45 and an intraday high of $72.98 and the price was in this range throughout the day. The company has a market cap of $4,412 million and the number of outstanding shares have been calculated to be 61,373,148 shares. The 52-week high of MSC Industrial Direct Company (NYSE:MSM) is $78.35 and the 52-week low is $54.19.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Barclays downgrades the rating on MSC Industrial Direct Company (NYSE:MSM). The brokerage firm has issued a Underweight rating on the shares. The shares were previously rated Equalweight. The rating by the firm was issued on May 25, 2016.

MSC Industrial Direct Co., Inc. (MSC) is direct marketers and distributors of a range of metalworking and maintenance, repair and operations (MRO) products to customers throughout the United States. The Company operates primarily in the United States, with customers in all 50 states, through a network of five customer fulfillment centers (four customer fulfillment centers are located within the United States and one is located in the United Kingdom and 106 branch offices (104 branches are located within the United States, one is located in the United Kingdom and the other is located in Mexico). Its products represent a range of MRO products that include cutting tools; measuring instruments; tooling components; metalworking products; fasteners; flat stock; raw materials; abrasives; machinery hand and power tools; safety and janitorial supplies; plumbing supplies; materials handling products; power transmission components and electrical supplies.

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