Company Shares of Linear Technology Corporation (NASDAQ:LLTC) Rally 2.36%

Linear Technology Corporation (NASDAQ:LLTC) has been under a strong bear grip, hence the stock is down -1.84% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.06% in the past 1 week. The stock has risen by 2.36% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.25% in the past 4 weeks.

The company shares have rallied 9.13% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $47.89 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $46.69 and the 200 Day Moving Average price is recorded at $44.07.

The stock has recorded a 20-day Moving Average of 1.85% and the 50-Day Moving Average is 3.12%.


Linear Technology Corporation (NASDAQ:LLTC): stock turned positive on Friday. Though the stock opened at $46.47, the bulls momentum made the stock top out at $47.31 level for the day. The stock recorded a low of $46.24 and closed the trading day at $47.31, in the green by 2.51%. The total traded volume for the day was 1,817,030. The stock had closed at $46.15 in the previous days trading.

In an insider trading activity,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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