Shares of Graco Inc. (GGG) saw an erosion of -1.42 points in recent session. During the trading, the value of each share was $88.17, dropping -1.58%. The shares saw high fund-flow as the composite value of all the upticks was $0.54 million and the total value of all the downticks was a mere $0.04 million. The net money flow was seen at $0.5 million and the up/down ratio was measured at 12.28. On a weekly basis the shares of the shares has recorded a change of -1.54%.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Shares of Graco Inc. rose by 1.85% in the last five trading days and 9.1% for the last 4 weeks. Graco Inc. is up 21.03% in the last 3-month period. Year-to-Date the stock performance stands at 9.1%. Graco Inc. (NYSE:GGG) rose 0.76% or 0.68 points on Wednesday and made its way into the gainers of the day. After trading began at $87.5 the stock was seen hitting $90.6 as a peak level and $87.5 as the lowest level. The stock ended up at $90.27. The daily volume was measured at 561,983 shares. The 52-week high of the share price is $91.2293 and the 52-week low is $68.115. The company has a market cap of $5,027 million.
Company has reported several Insider transactions to the SEC, on Jan 4, 2017, Dale D Johnson (Vice President) sold 17,156 shares at 82.82 per share price.On Dec 7, 2016, Martha A M Morfitt (director) sold 7,100 shares at 83.00 per share price.On Nov 17, 2016, William J Carroll (director) sold 3,600 shares at 81.36 per share price.
Graco Last issued its quarterly earnings results on Jan 30, 2017. The company reported $1.00 EPS for the quarter, beating the analyst consensus estimate by $ 0.14. Analyst had a consensus of $0.86. The company had revenue of $349.10 million for the quarter, compared to analysts expectations of $326.20 million. The companys revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.94 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Feb 1, 2017 to Sector Perform, Raises Price Target to $ 85 from a previous price target of $81 .Graco was Downgraded by Wunderlich to Hold on Feb 1, 2017.
Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial settings. Based in Minneapolis, Minnesota, Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. It designs, manu-factures and markets systems and equipment to move, measure, control, dispense and apply fluid materials. The Company helps customers solve difficult manufacturing problems, increase productivity, improve quality, conserve energy, and save expensive materials.