Shares of NetEase (NTES) Sees Large Inflow of Net Money Flow

NetEase (NTES) : NetEase (NTES) had a healthy money flow of $4.56 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $81.74 million, whereas, investors only sold shares worth $77.17 million on downticks. The stock closed the day with an up-down ratio of 1.06.The money flow in the block trades to the tune of $-3.69 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0 million worth of transactions were on upticks. A paltry $3.69 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down.NetEase (NTES) stock slid $1 intraday and traded at 214.91, a change of -0.46% over previous days close. However, for the week, the company shares are -1.29% compared to previous weeks close.


The company Insiders own 54.7% of NetEase shares according to the proxy statements. Institutional Investors own 60.12% of NetEase shares.

NetEase (NASDAQ:NTES): stock was range-bound between the intraday low of $212 and the intraday high of $218.37 after having opened at $217 on Fridays session. The stock finally closed in the red at $217, a loss of -0.46%. The stock remained in the red for the whole trading day. The total traded volume was 1,547,380 shares. The stock failed to cross $218.37 in Fridays trading. The stocks closing price on Thursday was $215.91.

NetEase (NTES) has risen sharply, recording gains of 6.61% in the past 4 weeks. However, the stock has corrected -1.29% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 6.75% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

NetEase, Inc. (NetEase) is a holding company. The Company, through its subsidiaries and contracts with its affiliates Guangzhou NetEase Computer System Co., Ltd., Beijing Guangyitong Advertising Co., Ltd., Shanghai EaseNet Network Technology Co., Ltd., and certain other affiliated companies, operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet portal, e-mail, e-commerce and other businesses. The Company operates in three segments: Online Game Services, Advertising Services, and E-mail, E-commerce and Others. The Company conducts its business mainly in China.

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