Large Inflow of Money Witnessed in Synopsys

Synopsys (NASDAQ:SNPS) traded with a cut of -0.03 points or -0.06% at $53.09 per share. As per the last available information, the stock aggregated $16.61 million in upticks and $5.07 million in downticks, keeping the net money flow capped at $11.54 million. The up/down ratio was found to be 3.28. For the week, the shares have seen a change of 1.2% in the share price.A block trade of $11.22 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $11.22 million.


The stock has recorded a 20-day Moving Average of 1.84% and the 50-Day Moving Average is 6.42%. The company shares have rallied 5.42% in the past 52 Weeks. On June 20, 2016 The shares registered one year high of $53.48 and one year low was seen on January 21, 2016 at $39.26. The 50-day moving average is $50.5 and the 200 day moving average is recorded at $46.66. S&P 500 has rallied 1.93% during the last 52-weeks.

Synopsys (NASDAQ:SNPS): The stock opened at $53.16 on Tuesday but the bulls could not build on the opening and the stock topped out at $53.44 for the day. The stock traded down to $52.77 during the day, due to lack of any buying support eventually closed down at $53.09 with a loss of -0.06% for the day. The stock had closed at $53.12 on the previous day. The total traded volume was 905,013 shares.

Currently the company Insiders own 1.62% of Synopsys shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.63% . Institutional Investors own 91.4% of Synopsys shares. During last six month period, the net percent change held by insiders has seen a change of -2.34%. On the companys insider trading activities,The officer (EVP, Business Ops. & CAO) of Synopsys Inc, Beattie Brian M sold 29,300 shares at $52.18 on June 13, 2016. The Insider selling transaction had a total value worth of $1,528,874. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Synopsys, Inc. is engaged in providing technology solutions used to develop electronics and electronic systems. It supplies the electronic design automation (EDA) software that engineers use to design, create prototypes for and test integrated circuits, also known as chips. It also supplies software and hardware used to develop the systems that incorporate integrated circuits and the software that runs on those integrated circuits. Its intellectual property (IP) products are pre-designed circuits that engineers use as components of larger chip designs rather than redesigning those circuits themselves. It also provides technical services to support its solutions and it help its customers develop chips and electronic systems.

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