Proofpoint (PFPT) : The money flow analysis of Proofpoint (PFPT) indicates a $7.82 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $10.29 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.32 and so was the total money flow at $2.47 million. The bulls lapped up $2.01 million worth of block trades on upticks. The money flow was $2.01 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Proofpoint (PFPT), pushing it down by -2.2% for the day. The stock slid $1.52 and traded at $67.56 during the day. Nonetheless, the stock is -0.69% over the previous weeks close.
The company Insiders own 6.8% of Proofpoint shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -52.45%. In an insider trading activity, The Securities and Exchange Commission has divulged that Knight David, officer (EVP&GM, Info Security Products) of Proofpoint Inc, had unloaded 2,000 shares at an average price of $63.52 in a transaction dated on July 6, 2016. The total value of the transaction was worth $127,040.
Shares of Proofpoint, Inc. rose by 5.7% in the last five trading days and 9.27% for the last 4 weeks. Proofpoint, Inc. is up 40.74% in the last 3-month period. Year-to-Date the stock performance stands at 4.11%.
Proofpoint (NASDAQ:PFPT): On Tuesdays trading session , Opening price of the stock was $68.79 with an intraday high of $68.79. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $66.82. However, the stock managed to close at $67.68, a loss of 2.03% for the day. On the previous day, the stock had closed at $69.08. The total traded volume of the day was 1,017,883 shares.
Proofpoint, Inc. is a security-as-a-service provider that provides data protection solutions for large and mid-sized organizations around the world. The Companys security-as-a-service platform consists of a suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication. The Company provides a multi-tiered security-as-a-service platform, comprising solutions, platform technologies and infrastructure. Its security-as-a-service platform offers a bundle of five solutions: Proofpoint Enterprise Protection, Proofpoint Enterprise Privacy, Proofpoint Enterprise Archive & Governance, Proofpoint Nexgate Social Media Security & Compliance, and Proofpoint Essentials. Its platforms services include content inspection, reputation, encryption and key management, notification and workflow, and analytics and search.