Large Outflow of Money Witnessed in Cerner Corporation

Cerner Corporation (CERN): The stock had negative money flow to the tune of ($14.56 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $16.39 million, whereas, the outflow of money on downticks was $30.95 million and the ratio between the two was 0.53. The block trade had a negative net money flow of ($15.13 million). On the other hand, downticks amounted to $15.13 million of the traded value, which shows distribution in the stock by traders. Cerner Corporation (CERN) closed with marginal gains of 64 cents to end the day at $60.74, an increase of 1.06% over the previous days close. The stock recorded 0.2% for the week.


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 80.61% of Cerner Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.86%. In an insider trading activity,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.

Shares of Cerner Corporation rose by 4.26% in the last five trading days and 9.22% for the last 4 weeks. Cerner Corporation is up 9.44% in the last 3-month period. Year-to-Date the stock performance stands at 0.95%.

Cerner Corporation (NASDAQ:CERN): stock turned positive on Tuesday. Though the stock opened at $60.07, the bulls momentum made the stock top out at $61.26 level for the day. The stock recorded a low of $60.02 and closed the trading day at $60.74, in the green by 1.06%. The total traded volume for the day was 2,206,850. The stock had closed at $60.1 in the previous days trading.

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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