Large Inflow of Money Detected in NVIDIA Corporation

NVIDIA Corporation (NVDA) : Investors lapped up stocks on upticks to the tune of $11.86 million in the Thursdays trading session. The trading value on downticks was comparatively at $5.26 million and the uptick to downtick ratio of 2.25 indicates continuous buying by the bulls. The net money flow into the stock was $6.59 million. Upticks saw transactions worth $6.53 clearly indicating buying by large investors. The total money flow for block trades stood at $6.53 million, which is a positive for the stock in the long-term. NVIDIA Corporation (NVDA) fell $0.15 during the day at $52.63, a drop of -0.28% over the previous days close. However, for the week, the stock is 3.5%, compared to the previous week.


The stock has recorded a 20-day Moving Average of 10.89% and the 50-Day Moving Average is 19.02%. Shares have rallied 161.54% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $52.40 and the one year low was seen on Jul 27, 2015. The 50-Day Moving Average price is $46.93 and the 200 Day Moving Average price is recorded at $36.50.

NVIDIA Corporation (NASDAQ:NVDA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.06 and $52.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.32, notching a gain of 1.02% for the day. The total traded volume was 7,922,283 . The stock had closed at $52.78 on the previous day.

In an insider trading activity,The director of Nvidia Corp, Seawell A Brooke sold 5,142 shares at $47.01 on June 16, 2016. The Insider selling transaction had a total value worth of $241,725. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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