Large Inflow of Money Detected in Genuine Parts Company

Genuine Parts Company (GPC) : On Thursday, The money flowed into the Genuine Parts Company (GPC) stock with an uptick to downtick ratio was recorded at 1.72. Transactions worth $23.88 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $13.87 million. The total money flow into the stock was $10.01 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $10.94 million of block transactions on upticks. The total money flow in block trades was $10.94 million. In terms of price action, Genuine Parts Company (GPC) traded down $0.53 during the session at $103.83. Compared to the previous days closing, the stock was down only by -0.51%. For the week, the stock is -1.09%, over previous weeks closing.


The stock has recorded a 20-day Moving Average of 3.76% and the 50-Day Moving Average is 6.55%. Shares have rallied 16.66% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $105.90 and the one year low was seen on Jan 15, 2016. The 50-Day Moving Average price is $98.04 and the 200 Day Moving Average price is recorded at $93.20.

Genuine Parts Company (NYSE:GPC): The stock opened at $104.51 on Thursday but the bulls could not build on the opening and the stock topped out at $104.76 for the day. The stock traded down to $103.53 during the day, due to lack of any buying support eventually closed down at $103.83 with a loss of -0.51% for the day. The stock had closed at $104.36 on the previous day. The total traded volume was 702,732 shares.

In an insider trading activity,The officer (Executive Vice President) of Genuine Parts Co, Breen Timothy P sold 700 shares at $98.05 on April 27, 2016. The Insider selling transaction had a total value worth of $68,635. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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