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

NVIDIA Corporation (NVDA): $5.79 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 4.74. The value of trades done on upticks was $7.34 million, whereas, trades done on downticks were valued at $1.55 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $5.89 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $5.89 million. NVIDIA Corporation (NVDA) fell $0.07 traded at $53.15, a change of -0.13% over the previous day. The stock is 0.85% for the week.


NVIDIA Corporation (NVDA) : Average target price received by NVIDIA Corporation (NVDA) is $42.93 with an expected standard deviation of $14.18. The most aggressive target on the stock is $60, whereas the most downbeat target is $13. 15 financial analysts are currently covering the stock.

NVIDIA Corporation (NASDAQ:NVDA): stock turned positive on Friday. Though the stock opened at $53.41, the bulls momentum made the stock top out at $54.67 level for the day. The stock recorded a low of $53.02 and closed the trading day at $54.67, in the green by 2.72%. The total traded volume for the day was 7,894,165. The stock had closed at $53.22 in the previous days trading.

In a related news, The director officer (President and CEO), of Nvidia Corp, Huang Jen Hsun had unloaded 40,000 shares at $52.94 per share in a transaction on July 13, 2016. The total value of transaction was $2,117,600. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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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