Shares of EMC Corporation (NYSE:EMC) Sees Large Inflow of Net Money Flow

EMC Corporation (NYSE:EMC) traded with a cut of -0.05 points or -0.18% at $27.66 per share. As per the last available information, the stock aggregated $20.17 million in upticks and $15.57 million in downticks, keeping the net money flow capped at $4.6 million. The up/down ratio was found to be 1.3. For the week, the shares have seen a change of -0.9% in the share price.A block trade of $6.89 million in upticks and $3.21 million in downticks also took place during the day. The up/down ratio for the block stood at 2.15. The net money flow for this transaction was $3.69 million.


Currently the company Insiders own 0.4% of EMC Corporation shares according to the proxy statements. Institutional Investors own 79.88% of EMC Corporation shares. On the companys insider trading activities, Amit Yoran, officer (President, RSA) of Emc Corp, unloaded 21,487 shares at an average price of $27.17 on August 7, 2015. The total amount of the transaction was worth $583,802, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

EMC Corporation (NYSE:EMC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.14% at $27.67 with 6,490,059 shares getting traded. Post opening the session at $27.52, the shares hit an intraday low of $27.52 and an intraday high of $27.845 and the price was in this range throughout the day. The company has a market cap of $54,045 million and the number of outstanding shares have been calculated to be 1,953,196,700 shares. The 52-week high of EMC Corporation (NYSE:EMC) is $28.77 and the 52-week low is $22.66.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Sterne Agee CRT downgrades its ratings on EMC Corporation (NYSE:EMC). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 2, 2016.

EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industrys range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure and Pivotal. EMC Information Infrastructure business consists of three divisons: Information Storage, Enterprise Content Division and RSA Information Security. EMC Information Infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure quantities of information. VMware develops and markets its product and service offerings within three main product groups: Software-Defined Data Center, Cloud Services and End-User Computing. Pivotals three offerings include the Pivotal Big Data Suite, Pivotal Labs and Pivotal Cloud Foundry.

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