Shares of Genuine Parts Company (GPC) Sees Large Outflow of Money

Genuine Parts Company (GPC) : Net money flow in Genuine Parts Company (GPC) was negative ($1.03 million) and the inflow of money on uptick was $0.23 million, whereas, the outflow of money on downticks amounted to $1.26 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.18. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $0 million. The money flow in block trades was negative ($0). Genuine Parts Company (GPC) gained $0.46 cent during the day and reached $101.96, a gain of 0.45% over the previous day.


Shares of Genuine Parts Company appreciated by 1.04% during the last five trading days but lost 0.43% on a 4-week basis. Genuine Parts Company is up 6.48% in the last 3-month period. Year-to-Date the stock performance stands at 21.03%.

Genuine Parts Company (NYSE:GPC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $101.49 and $101.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $102.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $102.52, notching a gain of 1.00% for the day. The total traded volume was 398,293 . The stock had closed at $101.50 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of Genuine Parts Co, Breen Timothy P had sold 700 shares worth of $68,635 in a transaction dated April 27, 2016. In this transaction, 700 shares were sold at $98.05 per share.

Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company operates through four segments: Automotive Parts Group, which distributes automotive parts and accessory items; Industrial Parts Group, which distributes industrial replacement parts and related supplies; Office Products Group, which is engaged in the wholesale distribution of a line of office and other business related products, and Electrical/Electronic Materials Group, which distributes materials to more than 20,000 electrical and electronic manufacturers, as well as industrial assembly and specialty wire and cable markets in North America. In 2014, the Companys business was conducted from approximately 2,600 locations throughout the United States, Canada, Mexico, Australia and New Zealand.

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