Large Outflow of Money Witnessed in Aramark

Aramark (ARMK) : Tuesdays money flow analysis of Aramark (ARMK) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $19.48 million. In comparison, the inflow of money on upticks was a meager $10.02 million. The dollar value of composite uptick trades minus the downtick trades was negative $9.45 million. The uptick to downtick ratio of 0.51 in the money flow shows weakness. The uptick block trades were valued at $4.55 million. The downtick transaction value was high at $14.21 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.32. Hence, the net money flow in the stock was negative ($9.66 million). Aramark (ARMK) gained $0.33 at $34.9, a change of 0.95% over the previous days close.


The company Insiders own 2.5% of Aramark shares according to the proxy statements. Institutional Investors own 94.27% of Aramark shares. In an insider trading activity, Mckee Lynn, officer (EVP, Human Resources) of Aramark, unloaded 125,000 shares at an average price of $33.26 on June 1, 2016. The total amount of the transaction was worth $4,157,500, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Aramark rose by 5.12% in the last five trading days and 3.65% for the last 4 weeks. Aramark is up 5.77% in the last 3-month period. Year-to-Date the stock performance stands at 8.86%.

Aramark (NYSE:ARMK): stock turned positive on Tuesday. Though the stock opened at $34.71, the bulls momentum made the stock top out at $34.93 level for the day. The stock recorded a low of $34.58 and closed the trading day at $34.9, in the green by 0.95%. The total traded volume for the day was 1,479,009. The stock had closed at $34.57 in the previous days trading.

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.

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