Large Outflow of Money Witnessed in ManpowerGroup

ManpowerGroup (NYSE:MAN) traded on a positive note gaining 0.48 points or 0.65% to be valued at $73.97 per share. Intraday, the shares aggregated $7.18 million in upticks but saw an exodus of $14.83 million in downticks. The net money flow was calculated to be $(-7.65) million with the final up/down ratio coming in at 0.48. The share price has seen a change of -3.43% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $6.8 million in downticks. The net money flow for the block exchange was disappointing at $(-6.8) Million.

ManpowerGroup Inc. has lost 3.66% in the last five trading days and dropped 4.18% in the last 4 weeks. ManpowerGroup Inc. has dropped 6.27% during the last 3-month period . Year-to-Date the stock performance stands at -11.48%.

Currently the company Insiders own 1.6% of ManpowerGroup shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -50.89% . Institutional Investors own 96.54% of ManpowerGroup shares. During last six month period, the net percent change held by insiders has seen a change of -41.65%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Chandrashekar Sriram, officer (EVP) of Manpowergroup Inc., had unloaded 3,045 shares at an average price of $81.25 in a transaction dated on April 26, 2016. The total value of the transaction was worth $247,406.

ManpowerGroup (NYSE:MAN) rose 0.42% or 0.31 points on Friday and made its way into the gainers of the day. After trading began at $73.42 the stock was seen hitting $74.63 as a peak level and $73.1 as the lowest level. The stock ended up at $73.8. The daily volume was measured at 909,311 shares. The 52-week high of the share price is $96.87 and the 52-week low is $69.66. The company has a market cap of $5,276 million.

ManpowerGroup Inc. is a Germany-based provider of workforce solutions and services. Its services include recruitment and assessment, career management, outsourcing, workforce consulting, and training and development, including training courses and leadership development solutions. The Company provides clients with outsourcing services related to human resources functions primarily in the areas of recruiting and workforce-intensive initiatives. It operates through various brands, including Manpower, Experis, Right Management, and ManpowerGroup Solutions, and is divided into five segments: Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), and Right Management. The Right Management segment focuses on outplacement services, career management consulting, leadership development and cooperates with students and universities.

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