Shares of Analog Devices (NASDAQ:ADI) Sees Large Outflow of Money

Analog Devices (NASDAQ:ADI) surged 0.21% during the last session. The last traded price was up 0.12 points at $56.91. The data for the fund flow suggests that the net intraday money flow was $(-1.05) million. The fund value in upticks was recorded to be $4.42 million and in downticks, it was found to be $5.48 million. The up/down ratio for the day was measured to be 0.81. For the week, the shares have seen a percentage change of 1.64%.A block trade of $(-1.26) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0.94 million and that of downticks was $2.21 million. The block tradeoff had the up/down ratio of 0.43.


The stock has recorded a 20-day Moving Average of 0.8% and the 50-Day Moving Average is 0.04%. The company shares have dropped 15.9% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $68.26 and one year low was seen on January 15, 2016 at $47.24. The 50-day moving average is $56.77 and the 200 day moving average is recorded at $55.56. S&P 500 has rallied 1.93% during the last 52-weeks.

Analog Devices (NASDAQ:ADI): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $56.99 and $56.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $57.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $57.06, notching a gain of 0.48% for the day. The total traded volume was 1,243,623 . The stock had closed at $56.79 on the previous day.

Currently the company Insiders own 0.9% of Analog Devices shares according to the proxy statements. Institutional Investors own 87.65% of Analog Devices shares. During last six month period, the net percent change held by insiders has seen a change of -44.13%. On the companys insider trading activities, Sicchitano Kenton J, director of Analog Devices Inc, unloaded 15,000 shares at an average price of $58.28 on April 7, 2016. The total amount of the transaction was worth $874,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Analog Devices, Inc. is engaged in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signal processing integrated circuits (ICs). The Company is focused on solving the engineering challenges associated with signal processing in electronic equipment. The Companys produces a wide range of products including data converters, amplifiers and linear products, radio frequency (RF) ICs, power management products, sensors based on micro-electro mechanical systems (MEMS) technology and other sensors, and processing products, including DSP and other processors that are designed to meet the needs of a broad base of customers. The Company focuses on strategic markets where its signal processing technology is often a critical differentiator in its customers products, in the industrial, automotive, consumer and communications markets.

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