Large Inflow of Money Detected in Facebook

Facebook (FB) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $456.49 million worth of transactions were on upticks, whereas, the downticks accounted for $414.99 million worth of transactions. The net money flow was a positive $41.5 million and the uptick to downtick ratio was 1.1. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 2.52 in their favor. The net money flow into the stock was $14.95 million. The value of block trades done on downticks was only $9.85 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $24.81 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Facebook (FB) was trading at $123.9, down $0.98 during day. The stock slid -0.78% over the previous days close. For the week, the stock recorded -1% over the previous weeks close.


Facebook, Inc. has dropped 1.09% in the last five trading days, however, the shares have posted positive gains of 6.02% in the last 4 weeks. Facebook, Inc. is up 4.41% in the last 3-month period. Year-to-Date the stock performance stands at 18.38%.

Facebook (NASDAQ:FB): The stock opened at $124.91 on Monday but the bulls could not build on the opening and the stock topped out at $124.92 for the day. The stock traded down to $123.70 during the day, due to lack of any buying support eventually closed down at $123.90 with a loss of -0.78% for the day. The stock had closed at $124.88 on the previous day. The total traded volume was 19,295,130 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Facebook Inc, Koum Jan had sold 566,668 shares worth of $71,122,501 in a transaction dated August 9, 2016. In this transaction, 566,668 shares were sold at $125.51 per share.

Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products include Facebook, Instagram, Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Its Messenger is a mobile-to-mobile messaging application available on iOS and Android phones. Instagram is a mobile application and Website that enables people to take photos or videos, and share them with friends and followers. WhatsApp Messenger is a cross-platform mobile messaging application and allows people to exchange messages on iOS, Android, BlackBerry, Windows Phone and Nokia devices.

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