Shares of Genuine Parts Company (GPC) Sees Large Inflow of Net Money Flow

Genuine Parts Company (GPC) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $24.73 million worth of transactions were on upticks, whereas, the downticks accounted for $16.78 million worth of transactions. The net money flow was a positive $7.94 million and the uptick to downtick ratio was 1.47. The net money flow into the stock was $9.96 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $9.96 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Genuine Parts Company (GPC) was trading at $101.98, down $0.98 during day. The stock slid -0.95% over the previous days close. For the week, the stock recorded -2.85% over the previous weeks close.


Genuine Parts Company is up 2.85% in the last 3-month period. Year-to-Date the stock performance stands at 20.4%. Genuine Parts Company has dropped 3.1% in the last five trading days, however, the shares have posted positive gains of 5.58% in the last 4 weeks. In a related news, Breen Timothy P, officer (Executive Vice President) of Genuine Parts Co, unloaded 700 shares at an average price of $98.05 on April 27, 2016. The total amount of the transaction was worth $68,635, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Genuine Parts Company (NYSE:GPC): On Mondays trading session , Opening price of the stock was $102.84 with an intraday high of $102.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $101.75. However, the stock managed to close at $101.98, a loss of 0.95% for the day. On the previous day, the stock had closed at $102.96. The total traded volume of the day was 906,709 shares.

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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