Large Inflow of Money Witnessed in ARRIS Group

ARRIS Group (NASDAQ:ARRS) witnessed a selling pressure and the shares last traded with a loss of -0.2 points or -0.88% at $22.65. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $18.76 million with an inflow of $26.9 million in upticks and an outflow of $8.14 million in downticks. Using the data, the up/down ratio is found to be 3.3. The share price has recorded -1.48% on a weekly basis.A block trade of $22.08 million in uptick and $3.28 million in downtick was also observed, resulting in an up/down ratio of 6.73. The net money flow of the block trade stood at a $18.8, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 3.95% and the 50-Day Moving Average is 1.29%. The company shares have dropped 30.48% in the past 52 Weeks. On December 4, 2015 The shares registered one year high of $32.93 and one year low was seen on February 18, 2016 at $20.27. The 50-day moving average is $23.26 and the 200 day moving average is recorded at $24.67. S&P 500 has rallied 1.93% during the last 52-weeks.

ARRIS Group (NASDAQ:ARRS): The stock opened at $22.86 on Tuesday but the bulls could not build on the opening and the stock topped out at $22.92 for the day. The stock traded down to $22.57 during the day, due to lack of any buying support eventually closed down at $22.65 with a loss of -0.88% for the day. The stock had closed at $22.85 on the previous day. The total traded volume was 2,906,463 shares.

Currently the company Insiders own 1.2% of ARRIS Group shares according to the proxy statements. Institutional Investors own 84.45% of ARRIS Group shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (SVP, GLOBAL SUPPLY CHAIN) of Arris International Plc, Brennan James R had sold 8,500 shares worth of $219,980 in a transaction dated May 5, 2016. In this transaction, 8,500 shares were sold at $25.88 per share.

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