Large Inflow of Money Witnessed in QUALCOMM Incorporated

QUALCOMM Incorporated (NASDAQ:QCOM) traded negative at $53.88. On an intraday basis, the price dropped -0.01 points or -0.02%. The composite uptick value was $41.22 million while the combined downtick value was $35.27. The net money flow was $5.95 million while the up/down ratio was not very comforting at 1.17. The shares on a weekly note has seen a change in share price of 0.62%.According to the trading data, the shares saw a block trade with $7 million in upticks and $0 million in downticks. The up/down ratio for the block was calculated to be 0. The net money flow for the block trade was 7.


The stock has recorded a 20-day Moving Average of 0.9% and the 50-Day Moving Average is 2.57%. The company shares have dropped 19.54% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $67.62 and one year low was seen on February 11, 2016 at $42.24. The 50-day moving average is $53.32 and the 200 day moving average is recorded at $50.4. S&P 500 has rallied 1.93% during the last 52-weeks.

QUALCOMM Incorporated (NASDAQ:QCOM): The stock opened at $54.25 on Tuesday but the bulls could not build on the opening and the stock topped out at $54.25 for the day. The stock traded down to $53.60 during the day, due to lack of any buying support eventually closed down at $53.88 with a loss of -0.02% for the day. The stock had closed at $53.89 on the previous day. The total traded volume was 6,431,688 shares.

Currently the company Insiders own 0.24% of QUALCOMM Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -85.12% . Institutional Investors own 79.22% of QUALCOMM Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -85.12%. On the companys insider trading activities,The officer (EVP, Qualcomm Technologies Inc) of Qualcomm Inc/De, Grob Matthew S sold 10,000 shares at $55.25 on May 24, 2016. The Insider selling transaction had a total value worth of $552,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Qualcomm Incorporated (Qualcomm) is engaged in providing third-generation (3G), fourth-generation (4G) and next-generation wireless technologies. The Companys products include 2net, AllPlay, Brew, Gobi, Halo, HealthyCircles, Hy-Fi, IPQ, IZat, Pixtronix, Powerline, QChat, QLearn, Small Cells, Snapdragon, Vive, RaptorQ, Vuforia and WiPower. AllPlay helps manufacturers create devices and services. It also helps developers create Android and iPhone operating system (iOS) music streaming applications. The Companys Brew platform enables feature phone applications, such as gaming, messaging, Web browsing and social networking. Qualcomm Gobi modems connect users devices to 3G, 4G, and 4G long-term evolution (LTE) networks. Qualcomm Halo technology eliminates the need for plug-in cords for recharging in electric and hybrid vehicles. Qualcomm Powerline solutions turn electrical outlets into broadband connection points, creating networks by plugging in.

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