Shares of Vmware (VMW) Sees Large Outflow of Money

Vmware (VMW): The stock had negative money flow to the tune of ($4.05 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $10.2 million, whereas, the outflow of money on downticks was $14.25 million and the ratio between the two was 0.72. The block trade had a negative net money flow of ($4.39 million). On the other hand, downticks amounted to $4.39 million of the traded value, which shows distribution in the stock by traders. Vmware (VMW) closed with marginal gains of 6 cents to end the day at $71.08, an increase of 0.08% over the previous days close. The stock recorded 0.14% for the week.


VMware, Inc. has dropped 0.31% in the last five trading days, however, the shares have posted positive gains of 14.18% in the last 4 weeks. VMware, Inc. is up 19.53% in the last 3-month period. Year-to-Date the stock performance stands at 25.28%.

Vmware (NYSE:VMW): The stock opened at $71.14 on Monday but the bulls could not build on the opening and the stock topped out at $71.47 for the day. The stock traded down to $70.75 during the day, due to lack of any buying support eventually closed down at $70.87 with a loss of -0.30% for the day. The stock had closed at $71.08 on the previous day. The total traded volume was 1,448,264 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Sr. Vice President, CAO) of Vmware, Inc., Krysler P. Kevan had sold 6,988 shares worth of $505,931 in a transaction dated July 27, 2016. In this transaction, 6,988 shares were sold at $72.4 per share.

VMware, Inc. is a provider of virtualization infrastructure solutions. The Company develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC). The Companys SDDC is designed to transform the data center into an on-demand service that addresses application requirements by abstracting, pooling and automating the services that are required from the underlying hardware. The hybrid cloud computing enables customers to utilize off-premise vSphere-based hybrid cloud computing capacity. End-user computing enables information technology (IT) organizations to deliver secure access to data, applications and devices to end users.

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