Large Inflow of Money Detected in Microsoft Corporation

Microsoft Corporation (MSFT) : Tuesdays money flow data in Microsoft Corporation (MSFT) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $17.75 million, whereas, $16.02 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.11, in favor of the bulls. The total money flow into the stock was $1.73 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0 million. The total value of block trades done on upticks was $0.1 million. Microsoft Corporation (MSFT) fell $0.2 and traded at $57.9, down -0.34% for the day, over previous days close. On a weekly basis, the shares are -0.22% over the previous weeks close.


Also, Brokerage firm Wunderlich maintains its rating on Microsoft Corporation (NASDAQ:MSFT). As per the latest information, the brokerage house raises the price target to $60 per share from a prior target of $55. The shares have been rated Hold. The rating by the firm was issued on July 20, 2016.

Microsoft Corporation is up 10.22% in the last 3-month period. Year-to-Date the stock performance stands at 6.49%.

Microsoft Corporation (NASDAQ:MSFT): The stock opened at $57.98 on Tuesday but the bulls could not build on the opening and the stock topped out at $58.19 for the day. The stock traded down to $57.61 during the day, due to lack of any buying support eventually closed down at $57.89 with a loss of -0.36% for the day. The stock had closed at $58.10 on the previous day. The total traded volume was 16,930,185 shares.

In a related news,The director officer (Chief Executive Officer) of Microsoft Corp, Nadella Satya sold 143,000 shares at $57.97 on August 10, 2016. The Insider selling transaction had a total value worth of $8,289,710. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services. The Company also designs and sells hardware, and delivers online advertising to the customers. The Company operates in five segments: Devices and Consumer (D&C) Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other. The Companys products include operating systems for computing devices, servers, phones, and other intelligent devices; server applications for distributed computing environments; productivity applications; business solution applications; desktop and server management tools; software development tools; video games; and online advertising. It also offers cloud-based solutions that provide customers with software, services and content over the Internet by way of shared computing resources located in centralized data centers. It provides consulting and product and solution support services.

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