Large Outflow of Money Witnessed in International Paper Company

International Paper Company (IP) : The total money flow in International Paper Company (IP) was negative ($9.98 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $23 million. Transactions on upticks were comparatively lower at $13.01 million. The uptick to downtick ratio was 0.57. The total block trades done on upticks were valued at $1.59 million. The total block trades on downticks were valued at $12.3 million. The uptick to the downtick ratio of block trades was 0.13. The money flow during block trades was negative ($10.71 million) when the stock traded with a gain of $41 cent. International Paper Company (IP) was $49.12, an increase of 0.84% over the previous days close.


The company Insiders own 0.64% of International Paper Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.73% . Institutional Investors own 82.27% of International Paper Company shares. During last six month period, the net percent change held by insiders has seen a change of -5.98%.

In a related news,The officer (SVP & CFO) of International Paper Co /New/, Roberts Carol L sold 12,256 shares at $46.2 on August 8, 2016. The Insider selling transaction had a total value worth of $566,227. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

International Paper Company (NYSE:IP): The stock opened at $49 and touched an intraday high of $49.225 on Friday. During the day, the stock corrected to an intraday low of $48.77, however, the bulls stepped in and pushed the price higher to close in the green at $49.12 with a gain of 0.84% for the day. The total traded volume for the day was 1,656,955. The stock had closed at $48.71 in the previous trading session.

On a relative basis, the stock has outperformed the S&P 500 by 6.97% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.47% in the last 1 week, and is up 6.83% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company operates in three segments: Industrial Packaging, Printing Papers and Consumer Packaging. Industrial Packaging segments products include linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. Printing Papers segment products include uncoated papers, which engage in the business of producing papers for use in copiers, desktop and laser printers and pulp, which manufactures printing, writing and specialty papers, tissue products and filtration products. Consumer Packagings coated paperboard business produces coated paperboard for packaging and commercial printing end uses. Its foodservice business produces cups, lids, food containers and plates. Its brands include Hammermill, Springhill, Accent, Ballet, Rey, Pol, Everest, Fortress and Carolina.

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