Large Outflow of Money Witnessed in Sysco Corporation

Sysco Corporation (NYSE:SYY) jumped 0.13 points or 0.26% on strong buying and was last priced at $49.89 per share. The shares saw huge fund flow intraday; a massive $21.19 million made their way in through the upticks but an even bigger $51.62 million made their way out through downticks. As per the last observation, the net money flow stood at $(-30.42) million and the up/down ratio was found to be 0.41. The shares have seen a weekly value change of 2.28% .A block trade was recorded in the company shares with a net money flow of $(-31.28) million. The composite value of the funds in upticks was $1.02 million and the total value of funds in downticks was $32.3. As can be seen from the data, the block transaction had the up/down ratio of 0.03.

Shares of Sysco Corporation rose by 2.09% in the last five trading days and 2.26% for the last 4 weeks. Sysco Corporation is up 7.52% in the last 3-month period. Year-to-Date the stock performance stands at 23.22%.

Currently the company Insiders own 7.77% of Sysco Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.31% . Institutional Investors own 78.84% of Sysco Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -13.31%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Delaney William J Iii, director officer (Chief Executive Officer) of Sysco Corp, had unloaded 20,114 shares at an average price of $48.5 in a transaction dated on June 15, 2016. The total value of the transaction was worth $975,529.

Sysco Corporation (NYSE:SYY) rose 0.08% or 0.04 points on Friday and made its way into the gainers of the day. After trading began at $49.75 the stock was seen hitting $50.05 as a peak level and $49.23 as the lowest level. The stock ended up at $49.8. The daily volume was measured at 6,269,800 shares. The 52-week high of the share price is $50.68 and the 52-week low is $35.45. The company has a market cap of $28,063 million.

Sysco Corporation (Sysco) along with its subsidiaries and divisions, is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425,000 customers, including restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers. Sysco provides food and related products to the foodservice or food-away-from-home industry. The Company has aggregated its operating companies into a number of segments, of which only Broadline and SYGMA are the main segments. Broadline operating companies distribute a line of food products and a variety of non-food products to their customers. SYGMA operating companies distribute a line of food products and a variety of non-food products to chain restaurant customer locations. The Companys other segments include its specialty produce, custom-cut meat and lodging industry products segments.

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