Shares of General Mills (GIS) Sees Large Inflow of Net Money Flow

General Mills (GIS) : The money flow analysis of General Mills (GIS) indicates a $45.47 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $48.16 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.06 and so was the total money flow at $2.68 million. A solid up-down ratio of 1.45 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $12.43 million worth of block trades on upticks. Only $8.56 million worth of the stock exchanged hands on downticks. The money flow was $3.87 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of General Mills (GIS), pushing it down by -0.54% for the day. The stock slid $0.39 and traded at $71.42 during the day. Nonetheless, the stock is -1.44% over the previous weeks close.


The company Insiders own 1.4% of General Mills shares according to the proxy statements. Institutional Investors own 70.88% of General Mills shares. During last six month period, the net percent change held by insiders has seen a change of -5.32%. In an insider trading activity, Rose Michael D, director of General Mills Inc, unloaded 10,000 shares at an average price of $72.32 on July 5, 2016. The total amount of the transaction was worth $723,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

General Mills, Inc. has dropped 0.3% in the last five trading days, however, the shares have posted positive gains of 9.92% in the last 4 weeks. General Mills, Inc. is up 13.29% in the last 3-month period. Year-to-Date the stock performance stands at 26.57%.

General Mills (NYSE:GIS): On Tuesdays trading session , Opening price of the stock was $71.47 with an intraday high of $71.805. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $71.12. However, the stock managed to close at $71.42, a loss of 0.54% for the day. On the previous day, the stock had closed at $71.81. The total traded volume of the day was 3,486,503 shares.

General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company is organized into three operating segments: U.S. Retail, International, and Convenience Stores and Foodservice. The Company offers a range of food products with a focus on five categories: ready-to-eat cereal; convenient meals, including meal kits, ethnic meals, pizza, soup, side dish mixes, frozen breakfast and frozen entrees; snacks, including grain, fruit and savory snacks, nutrition bars and frozen hot snacks; yogurt, and super-premium ice cream. The Companys other product categories include baking mixes and ingredients; refrigerated and frozen dough, and frozen and shelf-stable vegetables. The Company has 50% interests in two joint ventures that manufacture and market food products.

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