Large Outflow of Money Witnessed in Graco

Graco (NYSE:GGG) surged 1.08% during the last session. The last traded price was up 0.86 points at $79.82. The data for the fund flow suggests that the net intraday money flow was $(-5.47) million. The fund value in upticks was recorded to be $1.55 million and in downticks, it was found to be $7.02 million. The up/down ratio for the day was measured to be 0.22. For the week, the shares have seen a percentage change of -0.28%.A block trade of $(-5.53) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $5.53 million. The block tradeoff had the up/down ratio of 0.

Graco Inc. has dropped 0.75% in the last five trading days, however, the shares have posted positive gains of 0.67% in the last 4 weeks. Graco Inc. has dropped 5.47% during the last 3-month period . Year-to-Date the stock performance stands at 11.22%.

Currently the company Insiders own 5.6% of Graco shares according to the proxy statements. Institutional Investors own 92.54% of Graco shares. During last six month period, the net percent change held by insiders has seen a change of -0.84%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Vice President) of Graco Inc, Rescorla Charles L had sold 22,500 shares worth of $1,838,925 in a transaction dated June 2, 2016. In this transaction, 22,500 shares were sold at $81.73 per share.

Graco (NYSE:GGG) rose 0.61% or 0.48 points on Friday and made its way into the gainers of the day. After trading began at $78.88 the stock was seen hitting $80.03 as a peak level and $78.88 as the lowest level. The stock ended up at $79.44. The daily volume was measured at 306,866 shares. The 52-week high of the share price is $86.62 and the 52-week low is $63.05. The company has a market cap of $4,418 million.

Graco Inc. (Graco) is a manufacturing company. The Company designs, manufactures and markets equipment to pump, meter, mix and dispense a variety of fluids and coatings. Its equipment is used in the construction, automotive, industrial, mining, oil and natural gas, process, public works and other industries. The Company operates in three segments: Industrial, Contractor and Lubrication. The Industrial segment markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Contractor segment markets sprayers for architectural coatings for painting, corrosion control, texture and line striping. The Lubrication segment markets products to move and dispense lubricants for service garages, fleet service centers, automobile dealerships, the mining industry and industrial lubrication applications. Graco sells its products in North, Central and South America, Europe, Middle East and Africa, and Asia Pacific.

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