Shares of Cerner Corporation (NASDAQ:CERN) Sees Large Outflow of Money

Cerner Corporation (NASDAQ:CERN) managed to stay afloat and traded higher with an addition of 1.06 point or 1.97% at $54.81. The money flow data is a negative $(-10.17) million with $20.75 million in upticks and $30.92 million in downticks. The intraday up/down ratio came in at 0.67. The shares have seen 1.78% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $2.53 million and the combined worth of the downticks was $13.58, Million, leading to the up/down ratio of 0.19. The block trade saw a net money flow of $(-11.05) million.


The stock has recorded a 20-day Moving Average of 0.92% and the 50-Day Moving Average is 1.68%. The company shares have dropped 23.13% in the past 52 Weeks. On July 29, 2015 The shares registered one year high of $75 and one year low was seen on March 3, 2016 at $49.59. The 50-day moving average is $55.07 and the 200 day moving average is recorded at $55.78. S&P 500 has rallied 1.93% during the last 52-weeks.

Cerner Corporation (NASDAQ:CERN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.00 and $53.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.81, notching a gain of 1.97% for the day. The total traded volume was 2,766,254 . The stock had closed at $53.75 on the previous day.

Currently the company Insiders own 13.2% of Cerner Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.48% . Institutional Investors own 80.69% of Cerner Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.86%. On the companys insider trading activities,The director of Cerner Corp /Mo/, Zollars William D sold 9,000 shares at $55.72 on June 1, 2016. The Insider selling transaction had a total value worth of $501,480. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. The Company offers software, hardware, professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Brazil, Canada, Cayman Islands, Chile, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Israel, Malaysia, Mexico, Netherlands, Qatar, Saudi Arabia, Singapore, Spain, Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries, Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, among others.

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