Large Outflow of Money Witnessed in NVIDIA Corporation

NVIDIA Corporation (NVDA) : Net money flow in NVIDIA Corporation (NVDA) was negative ($7.97 million) and the inflow of money on uptick was $55.67 million, whereas, the outflow of money on downticks amounted to $63.64 million on Tuesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.87. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.85 million. On the other hand, the total value of block trades done on downticks was $11.38 million. The ratio of uptick to downtick block trades was 0.16. The money flow in block trades was negative ($9.52). NVIDIA Corporation (NVDA) gained $0.44 cent during the day and reached $52.46, a gain of 0.85% over the previous day.


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 -11.1% . Institutional Investors own 90.37% of NVIDIA Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -2.17%. In an insider trading activity,The director of Nvidia Corp, Seawell A Brooke sold 5,142 shares at $47.01 on June 16, 2016. The Insider selling transaction had a total value worth of $241,725. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of NVIDIA Corporation rose by 11.51% in the last five trading days and 14.29% for the last 4 weeks. NVIDIA Corporation is up 47.7% in the last 3-month period. Year-to-Date the stock performance stands at 61.2%.

NVIDIA Corporation (NASDAQ:NVDA): stock turned positive on Tuesday. Though the stock opened at $52.6, the bulls momentum made the stock top out at $53.28 level for the day. The stock recorded a low of $51.94 and closed the trading day at $52.8, in the green by 1.50%. The total traded volume for the day was 10,919,045. The stock had closed at $52.02 in the previous days trading.

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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