Large Outflow of Money Witnessed in Cablevision Systems Corporation

Cablevision Systems Corporation (NYSE:CVC) jumped 0.09 points or 0.26% on strong buying and was last priced at $34.77 per share. The shares saw huge fund flow intraday; a massive $9.49 million made their way in through the upticks but an even bigger $11.84 million made their way out through downticks. As per the last observation, the net money flow stood at $(-2.35) million and the up/down ratio was found to be 0.8. The shares have seen a weekly value change of 0.35% .A block trade was recorded in the company shares with a net money flow of $(0.21) million. The composite value of the funds in upticks was $1.64 million and the total value of funds in downticks was $1.42. As can be seen from the data, the block transaction had the up/down ratio of 1.15.


Currently the company Insiders own 24.9% of Cablevision Systems Corporation shares according to the proxy statements. Institutional Investors own 63.73% of Cablevision Systems Corporation shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Tow Leonard, director of Cablevision Systems Corp /Ny, had unloaded 1,403 shares at an average price of $34.53 in a transaction dated on May 11, 2016. The total value of the transaction was worth $48,446.

Cablevision Systems Corporation (NYSE:CVC) : On Monday heightened volatility was witnessed in Cablevision Systems Corporation (NYSE:CVC) which led to swings in the share price. The stock opened for trading at $34.68 and hit $34.79 on the upside , eventually ending the session at $34.77, with a gain of 0.26% or 0.09 points. The heightened volatility saw the trading volume jump to 2,835,164 shares. The 52-week high of the share price is $34.79 and the company has a market cap of $9,608 million. The 52-week low of the share price is at $21.37 .

Cablevision Systems Corporation (Cablevision) through its subsidiary CSC Holdings, LLC (CSC Holdings, and collectively with Cablevision) and their subsidiaries operates cable operations business in the United States. The Company operates in three reportable segments: Cable, consisting of its video, high-speed data, and Voice over Internet Protocol (VoIP) operations; Lightpath, which provides Ethernet-based data, Internet, voice and video transport and managed services to the business market in the New York metropolitan area, and Other, consisting principally of the operations of Newsday, which includes the Newsday daily newspaper, amNew York, Star Community Publishing Group, and online Websites, such as the News 12 Networks, which provide regional news programming services, Cablevision Media Sales Corporation (Cablevision Media Sales), a cable television advertising company, and certain other businesses and unallocated corporate costs.

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