Shares of NVIDIA Corporation (NASDAQ:NVDA) Sees Large Inflow of Net Money Flow

NVIDIA Corporation (NASDAQ:NVDA) witnessed a selling pressure and the shares last traded with a loss of -0.7 points or -1.47% at $46.85. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $29.24 million with an inflow of $64.92 million in upticks and an outflow of $35.68 million in downticks. Using the data, the up/down ratio is found to be 1.82. The share price has recorded 1.41% on a weekly basis.A block trade of $33.56 million in uptick and $2.3 million in downtick was also observed, resulting in an up/down ratio of 14.62. The net money flow of the block trade stood at a $31.26, signaling heavy buying.

Shares of NVIDIA Corporation rose by 1.13% in the last five trading days and 8.03% for the last 4 weeks. NVIDIA Corporation is up 38.54% in the last 3-month period. Year-to-Date the stock performance stands at 42.63%.

Currently the company Insiders own 5.82% of NVIDIA Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.53% . Institutional Investors own 90.79% of NVIDIA Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -2.17%. . On the companys insider trading activities, The director officer (President and CEO), of Nvidia Corp, Huang Jen Hsun had unloaded 40,000 shares at $46.49 per share in a transaction on June 10, 2016. The total value of transaction was $1,859,600. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

NVIDIA Corporation (NASDAQ:NVDA) witnessed a decline in the market cap on Friday as its shares dropped 1.75% or 0.83 points. After the session commenced at $47.61, the stock reached the higher end at $47.62 while it hit a low of $46.53. With the volume soaring to 11,775,048 shares, the last trade was called at $46.72. The company has a 52-week high of $47.77. The company has a market cap of $24,948 million and there are 534,000,000 shares in outstanding. The 52-week low of the share price is $19.09.

NVIDIA Corporation (NVIDIA) is engaged in visual computing, enabling individuals to interact with digital ideas, data and entertainment. The Company is engaged in creating NVIDIA-branded products and services, offering its processors to original equipment manufacturers (OEMs), and licensing its intellectual property. NVIDIA-branded products and services are visual computing platforms that address four markets: Gaming, Enterprise, High Performance Computing & Cloud, and Automotive. The Company operates in two segments: Graphics Processing Unit (GPU) and Tegra Processor. The Companys GPU product brands include GeForce for gamers; Quadro for designers; Tesla for researchers, learning and big-data analysts; and GRID for cloud-based visual computing users. The Companys Tegra processors are primarily designed to enable its branded platforms: DRIVE and SHIELD.

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