Shares of NVIDIA Corporation (NASDAQ:NVDA) Sees Large Inflow of Net Money Flow

NVIDIA Corporation (NASDAQ:NVDA) had a weak trading session and its shares were last down at $46.2, down -1.18% or -2.49 points. The trading data also revealed that the total net flow stood at $6.73 million as the shares had $93.47 million in upticks but lost $86.74 million in downticks. The up/down ratio was 1.08. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -0.6% in the shares.The block trade data suggests an inflow of $2.13 million in upticks and an outflow of $5.79 million in downticks. The up/down ratio for the block stood at 0.37. The net money flow for this transaction was recorded at $-3.67.


Currently the company Insiders own 5.82% of NVIDIA Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.53% . Institutional Investors own 90.79% of NVIDIA Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -2.17%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Stevens Mark A, director of Nvidia Corp, had unloaded 150,000 shares at an average price of $45.4 in a transaction dated on May 24, 2016. The total value of the transaction was worth $6,810,000.

NVIDIA Corporation (NASDAQ:NVDA) : On Monday heightened volatility was witnessed in NVIDIA Corporation (NASDAQ:NVDA) which led to swings in the share price. The stock opened for trading at $46.25 and hit $47.6986 on the upside , eventually ending the session at $46.79, with a gain of 1.28% or 0.59 points. The heightened volatility saw the trading volume jump to 11,889,674 shares. The 52-week high of the share price is $47.6986 and the company has a market cap of $24,986 million. The 52-week low of the share price is at $19.09 .

Many analysts have stated their opinion on the company shares. Goldman Sachs initiates coverage on NVIDIA Corporation (NASDAQ:NVDA). In the latest research report, Goldman Sachs announces the target price to $54 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 2, 2016.

NVIDIA Corporation (NVIDIA) is engaged in visual computing, enabling individuals to interact with digital ideas, data and entertainment. The Company is engaged in creating NVIDIA-branded products and services, offering its processors to original equipment manufacturers (OEMs), and licensing its intellectual property. NVIDIA-branded products and services are visual computing platforms that address four markets: Gaming, Enterprise, High Performance Computing & Cloud, and Automotive. The Company operates in two segments: Graphics Processing Unit (GPU) and Tegra Processor. The Companys GPU product brands include GeForce for gamers; Quadro for designers; Tesla for researchers, learning and big-data analysts; and GRID for cloud-based visual computing users. The Companys Tegra processors are primarily designed to enable its branded platforms: DRIVE and SHIELD.

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