Shares of Interpublic Group of Companies (The) (IPG) Rally 0.25%

Interpublic Group of Companies (The) (IPG) : During the past 4 weeks, traders have been relatively bearish on Interpublic Group of Companies (The) (IPG), hence the stock is down -3.21% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.22% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.25% in the last 1 week, and is up 1.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 0.93% and the 50-Day Moving Average is 0.8%.

Interpublic Group of Companies (The) (NYSE:IPG): The stock opened at $24.01 on Friday but the bulls could not build on the opening and the stock topped out at $24.01 for the day. The stock traded down to $23.56 during the day, due to lack of any buying support eventually closed down at $23.79 with a loss of -0.25% for the day. The stock had closed at $23.85 on the previous day. The total traded volume was 4,566,822 shares.


The company Insiders own 1.75% of Interpublic Group of Companies (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.72% . Institutional Investors own 92.55% of Interpublic Group of Companies (The) shares. During last six month period, the net percent change held by insiders has seen a change of -28.21%. In a related news,The officer (SVP, Controller & CAO) of Interpublic Group Of Companies, Inc., Carroll Christopher F sold 20,000 shares at $23.33 on May 2, 2016. The Insider selling transaction had a total value worth of $466,600. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

The Interpublic Group of Companies, Inc. (IPG) is a global advertising and marketing services company. The Company operates through two segments: Integrated Agency Networks (IAN) and Constituency Management Group (CMG). IAN includes McCann Worldgroup, Foote, Cone & Belding, Lowe and Partners, IPG Mediabrands, its digital specialist agencies and its domestic integrated agencies. IANs domestic integrated agencies, including Hill Holliday, Carmichael Lynch, Dailey, Tierney and Mullen, provide a range of advertising, marketing communications services and/or marketing services. CMG, which includes Weber Shandwick, Cassidy, DeVries, Golin, FutureBrand, Jack Morton and Octagon Worldwide, provides diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity and strategic marketing consulting.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.