Shares of Linear Technology Corporation (LLTC) Sees Large Outflow of Money

Linear Technology Corporation (LLTC) : The value of composite uptick trades was $16.42 million, whereas, the value of composite downtick trades was $27.08 million. The uptick to downtick ratio stood at 0.61 with a negative money flow of ($10.66) Million during Mondays trading session. The block trades money flow was negative ($6.6 million).The uptick to the downtick ratio of 0.25 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $2.19 million. The transaction of the trades on downticks amounted to $8.79 million, which confirms investors selling on the strength of price. Linear Technology Corporation (LLTC) gained 16 cents at $58.94, an increase of 0.27% over the previous days close.


Shares of Linear Technology Corporation rose by 0.51% in the last five trading days and 22.02% for the last 4 weeks. Linear Technology Corporation is up 32.35% in the last 3-month period. Year-to-Date the stock performance stands at 41.72%.

Linear Technology Corporation (NASDAQ:LLTC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $58.94 and $58.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $58.97, notching a gain of 0.32% for the day. The total traded volume was 2,518,740 . The stock had closed at $58.78 on the previous day.

In a related news,The officer (VP of Quality & Reliability) of Linear Technology Corp /Ca/, Chantalat V Paul sold 15,000 shares at $45.91 on April 25, 2016. The Insider selling transaction had a total value worth of $688,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Linear Technology Corporation (Linear Technology) is engaged in designing, manufacturing and marketing a line of high performance analog integrated circuits for companies across the world. Linear Technology produces power management, data conversion, signal conditioning, RF and interface ICs, Module subsystems, and wireless sensor network products. The Company produces a range of products for a variety of customers and markets. The Companys SmartMesh IP and SmartMesh WirelessHART technology offers wireless network based solutions using low power electronic components, board level products with mesh networking and software addressing high level applications such as industrial process automation, data center energy management, building energy management, renewable energy monitoring, and transportation management systems.

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