Shares of Monotype Imaging Holdings (TYPE) Sees Large Inflow of Net Money Flow

Monotype Imaging Holdings (TYPE) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $0.91 million worth of transactions were on upticks, whereas, the downticks accounted for $0.23 million worth of transactions. The net money flow was a positive $0.68 million and the uptick to downtick ratio was 3.93. The net money flow into the stock was $0.58 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.58 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Monotype Imaging Holdings (TYPE) was trading at $24.66, down $0.01 during day. The stock slid -0.05% over the previous days close. For the week, the stock recorded 1.9% over the previous weeks close.


The company Insiders own 2.3% of Monotype Imaging Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.06% . Institutional Investors own 92.93% of Monotype Imaging Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -7.55%. In an insider trading activity, Martin Steven R, officer (Exec VP, Chief Innovation Off.) of Monotype Imaging Holdings Inc., unloaded 1,110 shares at an average price of $23.36 on June 15, 2016. The total amount of the transaction was worth $25,930, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Monotype Imaging Holdings Inc. rose by 1.67% in the last five trading days and 6.77% for the last 4 weeks. Monotype Imaging Holdings Inc. is up 11.23% in the last 3-month period. Year-to-Date the stock performance stands at 6.32%.

Monotype Imaging Holdings (NASDAQ:TYPE): stock turned positive on Tuesday. Though the stock opened at $24.83, the bulls momentum made the stock top out at $25 level for the day. The stock recorded a low of $24.46 and closed the trading day at $24.9, in the green by 0.93%. The total traded volume for the day was 188,188. The stock had closed at $24.67 in the previous days trading.

Monotype Imaging Holdings Inc. (Monotype) is a provider of type and technology for applications and consumer devices. The Company is engaged in the development, marketing and licensing of technologies and fonts. Its business is organized as follows: Creative Professional and original equipment manufacturer (OEM). For the Creative Professional market, it provides content across various devices and mediums. It offers products, such as Type, which include Monotype Libraries, Monotype, Linotype, FontFont, ITC, Ascender and Bitstream collections; E-commerce Websites; Web Fonts service, and font solutions. For the OEM market, it offers solutions for consumer device manufacturers and independent software vendors (ISVs). It offers technologies, such as screen imaging technologies, printer imaging technologies, creative tools, cloud-based technology platform and font management.

Leave a Reply

Get Pre-Market Alerts!

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