Large Inflow of Money Witnessed in Avago Technologies Limited

Avago Technologies Limited (NASDAQ:AVGO) dropped by -0.71 or -1.12 points during the last session to $155.81 per share. One of the highlights of the day was the net money flow figure, which stood at $16.47 million even as the stock accepted $70.36 million in upticks but rejected $53.9 million in downticks. The up/down ratio for the last observation was a 1.31. The 1-week percentage change for the stock price is registered at -0.12%.A block transaction occurred with $16.85 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $16.85 million at the end of the block trade.


The stock has recorded a 20-day Moving Average of 0.86% and the 50-Day Moving Average is 2.96%. The company shares have rallied 10.8% in the past 52 Weeks. On June 3, 2016 The shares registered one year high of $166 and one year low was seen on August 24, 2015 at $100. The 50-day moving average is $151.32 and the 200 day moving average is recorded at $143.64. S&P 500 has rallied 1.93% during the last 52-weeks.

Avago Technologies Limited (NASDAQ:AVGO): The stock opened at $157.61 on Tuesday but the bulls could not build on the opening and the stock topped out at $158.40 for the day. The stock traded down to $155.61 during the day, due to lack of any buying support eventually closed down at $155.81 with a loss of -0.71% for the day. The stock had closed at $156.93 on the previous day. The total traded volume was 1,612,638 shares.

Currently the company Insiders own 6.2% of Avago Technologies Limited shares according to the proxy statements. Institutional Investors own 92.7% of Avago Technologies Limited shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Kawwas Charlie B, officer (SVP & Chief Sales Officer) of Broadcom Ltd, had unloaded 5,224 shares at an average price of $163.56 in a transaction dated on June 9, 2016. The total value of the transaction was worth $854,437.

Avago Technologies Limited (Avago) is a designer, developer and global supplier of a range of analog semiconductor devices. The Company focuses on III-V based products and complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices. The Company operates through four segments: wireless communications, enterprise storage, wired infrastructure and industrial & other. The wireless communications segment supports the wireless industry with a range of radio frequency (RF) semiconductor devices. The enterprise storage segment consists of LSI Corporations (LSIs) storage products and PLX Technology, Inc.s (PLXs) peripheral component interconnect express (PCIe) switches and bridges. The wired infrastructure segment supplies transceivers that receive and transmit information along optical fibers in the storage and Ethernet networking markets. The industrial & other segment provides a range of products for the general industrial and automotive markets.

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