Large Outflow of Money Witnessed in Polycom

Polycom (PLCM) : Tuesdays money flow analysis of Polycom (PLCM) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $15.84 million. In comparison, the inflow of money on upticks was a meager $9.76 million. The dollar value of composite uptick trades minus the downtick trades was negative $6.08 million. The uptick to downtick ratio of 0.62 in the money flow shows weakness. The uptick block trades were valued at $3.98 million. The downtick transaction value was high at $7.69 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.52. Hence, the net money flow in the stock was negative ($3.71 million). Polycom (PLCM) gained $0.03 at $12.28, a change of 0.24% over the previous days close.


The company Insiders own 0.65% of Polycom shares according to the proxy statements. Institutional Investors own 92.09% of Polycom shares. In an insider trading activity, The director, of Polycom Inc, Mercer D Scott had unloaded 7,500 shares at $11.14 per share in a transaction on August 3, 2015. The total value of transaction was $83,550. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Shares of Polycom, Inc. rose by 12.63% in the last five trading days and 3.53% for the last 4 weeks. Polycom, Inc. is up 6.76% in the last 3-month period. Year-to-Date the stock performance stands at -2.22%.

Polycom (NASDAQ:PLCM): stock turned positive on Tuesday. Though the stock opened at $12.3, the bulls momentum made the stock top out at $12.32 level for the day. The stock recorded a low of $12.28 and closed the trading day at $12.31, in the green by 0.24%. The total traded volume for the day was 2,769,332. The stock had closed at $12.28 in the previous days trading.

Polycom, Inc. offers solutions for voice, video and content sharing. The Companys video, voice and content-management and content-sharing solutions include immersive telepresence and conference room systems, home/work office solutions, applications for mobile devices, browser-based video collaboration and cloud-delivered services. The Company operates in three geographic segments: Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC). The Company offers various products and solutions, which include UC Group Systems, UC Platform and UC Personal Devices. UC Group Systems includes immersive telepresence, group video and group voice systems. UC Platform includes universal collaboration servers, virtualization management (distributed media optimization), resource management, and recording and streaming and remote access technologies that constitute the RealPresence Platform. UC Personal Devices includes desktop video devices and desktop voice products.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.