Shares of 3M Company (NYSE:MMM) Sees Large Inflow of Net Money Flow

3M Company (NYSE:MMM) dropped slightly amid mild profit booking and the last known price was $169.35 per share. The price decreased by -0.59 points or -0.34% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $164.66 million. The total upticks were valued at $205.13 million and the total downticks aggregated to $40.47 million, thereby putting the up/down ratio at 5.07,. The shares have seen a change in the share price of 0.47% on a weekly basis.In a big block trade which occurred today, the total uptick value was $162.05 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $162.05 million.

Shares of 3M Company rose by 0.23% in the last five trading days and 1.27% for the last 4 weeks. 3M Company is up 2.86% in the last 3-month period. Year-to-Date the stock performance stands at 13.71%.

Currently the company Insiders own 0.58% of 3M Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.85% . Institutional Investors own 65.18% of 3M Company shares. During last six month period, the net percent change held by insiders has seen a change of -15.3%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Singh Jesse G, officer (Senior Vice President) of 3m Co, had unloaded 35,078 shares at an average price of $169.94 in a transaction dated on May 12, 2016. The total value of the transaction was worth $5,961,155.

3M Company (NYSE:MMM) witnessed a decline in the market cap on Friday as its shares dropped 0.58% or 0.99 points. After the session commenced at $169.99, the stock reached the higher end at $170 while it hit a low of $168.42. With the volume soaring to 3,447,960 shares, the last trade was called at $168.94. The company has a 52-week high of $171.93. The company has a market cap of $102,465 million and there are 606,514,530 shares in outstanding. The 52-week low of the share price is $134.

3M Company is a diversified technology company. The Company operates in five business segments: Industrial, which serves a range of markets, such as automotive original equipment manufacturer (OEM) and automotive aftermarket, electronics, appliance, paper and printing, packaging, food and beverage, and construction; Safety and Graphics, which serves a range of markets for the safety, security and productivity of people, facilities and systems; Electronics and Energy, which serves customers in electronics and energy markets, including solutions for electronic devices, telecommunications networks, electrical products, power generation and distribution, and infrastructure protection; Health Care, which serves markets that include medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, and health information systems, and Consumer, which serves markets that include consumer retail, office retail, home improvement, building maintenance and other markets.

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