Large Outflow of Money Witnessed in General Motors Company

General Motors Company (GM) : The value of composite uptick trades was $38.22 million, whereas, the value of composite downtick trades was $58.69 million. The uptick to downtick ratio stood at 0.65 with a negative money flow of ($20.47) Million during Fridays trading session. The block trades money flow was negative ($19.65 million).The uptick to the downtick ratio of 0.16 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $3.83 million. The transaction of the trades on downticks amounted to $23.48 million, which confirms investors selling on the strength of price. General Motors Company (GM) gained 36 cents at $32.16, an increase of 1.13% over the previous days close.


The company Insiders own 0.04% of General Motors Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.53% . Institutional Investors own 71.32% of General Motors Company shares. During last six month period, the net percent change held by insiders has seen a change of -37.7%.

In a related news,The officer (Vice President & Controller) of General Motors Co, Timko Thomas S sold 6,250 shares at $31.94 on August 23, 2016. The Insider selling transaction had a total value worth of $199,625. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

General Motors Company (NYSE:GM): The stock opened at $31.88 and touched an intraday high of $32.2 on Friday. During the day, the stock corrected to an intraday low of $31.85, however, the bulls stepped in and pushed the price higher to close in the green at $32.16 with a gain of 1.13% for the day. The total traded volume for the day was 10,828,387. The stock had closed at $31.8 in the previous trading session.

General Motors Company (GM) : Traders are bullish on General Motors Company (GM) as it has outperformed the S&P 500 by a wide margin of 4.55% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.49%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2% in the last 1 week, and is up 4.42% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

General Motors Company (General Motors) designs, builds and sells cars, trucks and automobile parts across the world. The Company also provides automotive financing services through General Motors Financial Company, Inc. (GM Financial). The Companys four automotive segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO) and GM South America (GMSA). The Company also sells cars and trucks to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies and governments. The Company offers 13 FlexFuel vehicles in the United States for the 2015 model year plus an additional four models to fleet and commercial customers capable of operating on gasoline, E85 ethanol or any combination of the two.

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