Shares of Ingram Micro (IM) Sees Large Inflow of Net Money Flow

Ingram Micro (IM) stock had a bullish inflow of $3.25 million worth of trades on uptick and an outflow of $1 million in downticks on Monday. The total uptick to downtick ratio stood at 3.26. The net money flow into the stock was $2.25 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $2.66 million. $2.66 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Ingram Micro (IM) stock traded down $0.24 , and reached $35.4, a drop of -0.67% over the previous day. On a weekly basis, the stock is 0.28%, over the previous weeks close.


Ingram Micro Inc. has dropped 0.68% during the last 3-month period . Year-to-Date the stock performance stands at 15.64%. Shares of Ingram Micro Inc. rose by 0.06% in the last five trading days and 0.72% for the last 4 weeks. In a related news, The officer (EVP & Pres., Mobility), of Ingram Micro Inc, Gupta Shailendra had unloaded 34,513 shares at $35.77 per share in a transaction on February 18, 2016. The total value of transaction was $1,234,530. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Ingram Micro (NYSE:IM): On Mondays trading session , Opening price of the stock was $35.61 with an intraday high of $35.61. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $34.81. However, the stock managed to close at $35.13, a loss of 1.43% for the day. On the previous day, the stock had closed at $35.64. The total traded volume of the day was 1,875,714 shares.

Ingram Micro Inc. (Ingram Micro) is an information technology (IT) supply chain management, mobile device lifecycle services and logistics solutions company. The Company distributes and markets technology products all over the world from the industrys computer hardware suppliers, mobility hardware suppliers, networking equipment suppliers, software publishers, and other suppliers of computer peripherals, consumer electronics (CE), unified communication and collaboration, automatic identification and data capture (AIDC)/point-of-sale (POS), and physical security products. The Company has operations in 38 countries, spanning all global regions: North America, Europe, Asia-Pacific and Latin America. The Company also operates support centers in Argentina, Bulgaria, Costa Rica, India, Philippines and Puerto Rico.

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