Shares of DEMANDWARE (NYSE:DWRE) Sees Large Inflow of Net Money Flow

DEMANDWARE (NYSE:DWRE) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $74.92 with a loss of -0.08 points or -0.11%. The net money flow was $8.28 million and the up/down ratio was 1.67. Approximately $20.57 million was the inflow in upticks and $12.29 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of 0.24%.The shares witnessed a block transaction with a net money flow of $8.93 million. The total money in uptick was $10.35 million and in downtick was $1.42 million with the up/down ratio reaching 7.29.


Currently the company Insiders own 5.01% of DEMANDWARE shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 6.04% . During last six month period, the net percent change held by insiders has seen a change of 6.79%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Saxena Jitendra S, director of Demandware Inc, had unloaded 10,000 shares at an average price of $74.75 in a transaction dated on June 1, 2016. The total value of the transaction was worth $747,500.

DEMANDWARE (NYSE:DWRE) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.11% at $74.92 with 1,580,450 shares getting traded. Post opening the session at $74.95, the shares hit an intraday low of $74.88 and an intraday high of $75 and the price was in this range throughout the day. The company has a market cap of $2,849 million and the number of outstanding shares have been calculated to be 38,021,736 shares. The 52-week high of DEMANDWARE (NYSE:DWRE) is $75.9 and the 52-week low is $26.47.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Citigroup downgrades the rating on DEMANDWARE (NYSE:DWRE). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The Analysts at the ratings agency raises the price target from $53 per share to $75 per share. The rating by the firm was issued on June 2, 2016.

Demandware, Inc. is a provider of enterprise-class cloud-based digital commerce solutions, which includes ecommerce, order management and predictive intelligence applications, for retailers and branded manufacturers. The Companys solution, Demandware Commerce, is a combination of its cloud platform, community and related services that enables customers to establish and execute digital commerce solutions. Its solutions include global expansion, multi-brand, multi-site rollouts, omni-channel and in-store operations, as well as single platform, or unified commerce platform, solutions. A component of its solution is the Companys ecosystem of trusted partners called Demandware LINK that complements the Demandware Commerce Cloud. Demandware LINK is comprised of technology, solution and end-to end partners. LINK Technology Partners provide customers with access to technologies that complement the Demandware Commerce Cloud through pre-built integrations.

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