Interpublic Group of Companies (The) (IPG) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $2.88 million worth of transactions were on upticks, whereas, the downticks accounted for $2.25 million worth of transactions. The net money flow was a positive $0.64 million and the uptick to downtick ratio was 1.28. The net money flow into the stock was $0.88 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.88 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Interpublic Group of Companies (The) (IPG) was trading at $23.96, down $0.05 during day. The stock slid -0.21% over the previous days close. For the week, the stock recorded 0.97% over the previous weeks close.
The company Insiders own 1.75% of Interpublic Group of Companies (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.72% . Institutional Investors own 92.54% of Interpublic Group of Companies (The) shares. During last six month period, the net percent change held by insiders has seen a change of -28.21%. In an insider trading activity, The Securities and Exchange Commission has divulged that Carroll Christopher F, officer (SVP, Controller & CAO) of Interpublic Group Of Companies, Inc., had unloaded 20,000 shares at an average price of $23.33 in a transaction dated on May 2, 2016. The total value of the transaction was worth $466,600.
Shares of The Interpublic Group of Companies, Inc. rose by 4.88% in the last five trading days and 0.29% for the last 4 weeks. The Interpublic Group of Companies, Inc. is up 6.38% in the last 3-month period. Year-to-Date the stock performance stands at 4.87%.
Interpublic Group of Companies (The) (NYSE:IPG): stock turned positive on Tuesday. Though the stock opened at $24.05, the bulls momentum made the stock top out at $24.16 level for the day. The stock recorded a low of $23.845 and closed the trading day at $24.09, in the green by 0.33%. The total traded volume for the day was 4,794,137. The stock had closed at $24.01 in the previous days trading.
The Interpublic Group of Companies, Inc. (IPG) is a global advertising and marketing services company. The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). IAN includes McCann Worldgroup, Foote, Cone & Belding, Lowe and Partners, IPG Mediabrands, its digital specialist agencies and its domestic integrated agencies. IANs domestic integrated agencies, including Hill Holliday, Carmichael Lynch, Dailey, Tierney and Mullen, provide a range of advertising, marketing communications services and/or marketing services. CMG, which includes Weber Shandwick, Cassidy, DeVries, Golin, FutureBrand, Jack Morton and Octagon Worldwide, provides diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity and strategic marketing consulting.