Shares of Simpson Manufacturing Company (NYSE:SSD) Sees Large Inflow of Net Money Flow

Simpson Manufacturing Company (NYSE:SSD) witnessed a selling pressure and the shares last traded with a loss of -0.17 points or -0.43% at $39.16. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $2.08 million with an inflow of $2.56 million in upticks and an outflow of $0.48 million in downticks. Using the data, the up/down ratio is found to be 5.34. The share price has recorded -0.38% on a weekly basis.A block trade of $2.18 million in uptick and $0 million in downtick was also observed, resulting in an up/down ratio of 0. The net money flow of the block trade stood at a $2.18, signaling heavy buying.


Currently the company Insiders own 0.5% of Simpson Manufacturing Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.51% . Institutional Investors own 82.26% of Simpson Manufacturing Company shares. During last six month period, the net percent change held by insiders has seen a change of -7.51%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Vice President) of Simpson Manufacturing Co Inc /Ca/, Leung Sunny H had sold 988 shares worth of $38,285 in a transaction dated April 27, 2016. In this transaction, 988 shares were sold at $38.75 per share.

Simpson Manufacturing Company (NYSE:SSD) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.45 points or 1.14% at $38.88 with 175,821 shares getting traded. Post opening the session at $39.1, the shares hit an intraday low of $38.71 and an intraday high of $39.3 and the price was in this range throughout the day. The company has a market cap of $1,879 million and the number of outstanding shares have been calculated to be 48,318,660 shares. The 52-week high of Simpson Manufacturing Company (NYSE:SSD) is $40 and the 52-week low is $30.25.

Simpson Manufacturing Co., Inc. through its subsidiary, Simpson Strong-Tie Company Inc. (SST), designs, engineers and manufactures wood construction products, including connectors, truss plates, fastening systems, fasteners and lateral systems used in light-frame construction. The Company also offers concrete construction products used for concrete, masonry, steel and for concrete repair, protection and strengthening, including adhesives, chemicals, mechanical anchors, carbide drill bits, powder actuated tools and fiber reinforced materials. The Company operates in three segments: North America, Europe and Asia/Pacific. The North America segment includes operations in the United States and Canada. The Europe segment includes operations in France, the United Kingdom, Germany, Denmark, Switzerland, Portugal and Poland. The Asia/Pacific segment includes operations in China, Hong Kong, Thailand, Australia, New Zealand, South Africa and the Middle East.

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