Shares of Ellie Mae (ELLI) Sees Large Inflow of Net Money Flow

Ellie Mae (ELLI): $0.36 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.16. The value of trades done on upticks was $2.58 million, whereas, trades done on downticks were valued at $2.22 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0 million. Ellie Mae (ELLI) fell $0.43 traded at $98.95, a change of -0.43% over the previous day. The stock is 2.06% for the week.


The company Insiders own 5.2% of Ellie Mae shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -25.78% . Institutional Investors own 96.48% of Ellie Mae shares. During last six month period, the net percent change held by insiders has seen a change of -45.21%.

In a related news,The officer (Sr. VP, General Counsel) of Ellie Mae Inc, Brown Brian E. sold 137 shares at $96.7 on September 1, 2016. The Insider selling transaction had a total value worth of $13,248. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Ellie Mae (NYSE:ELLI): stock was range-bound between the intraday low of $98.07 and the intraday high of $100 after having opened at $99.82 on Fridays session. The stock finally closed in the red at $99.82, a loss of -0.58%. The stock remained in the red for the whole trading day. The total traded volume was 317,659 shares. The stock failed to cross $100 in Fridays trading. The stocks closing price on Thursday was $99.38.

Ellie Mae (ELLI) : Traders are bullish on Ellie Mae (ELLI) as it has outperformed the S&P 500 by a wide margin of 1.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.4%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.91% in the last 1 week, and is up 1.31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Ellie Mae, Inc. (Ellie Mae) is a provider of on-demand software solutions and services for the residential mortgage industry in the United States. The Companys Encompass mortgage management solution provides one system of record that allows banks, credit unions and mortgage lenders to originate and fund mortgages. The Encompass mortgage management solution handles functions involved in running the business of originating mortgages, including customer relationship management; loan processing; underwriting; preparation of application, disclosure and closing documents; funding and closing the loan for the borrower; compliance with regulatory and investor requirements, and overall enterprise management that provides one system of record. The Company delivers Encompass software in an on-demand Software-as-a-Service (SaaS). The Company also hosts the Ellie Mae Network.

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