Large Inflow of Money Detected in Tessera Technologies

Tessera Technologies (TSRA) : The money flow analysis of Tessera Technologies (TSRA) indicates a $0 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $0.14 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 44.7 and so was the total money flow at $0.14 million. The bulls lapped up $0.1 million worth of block trades on upticks. The money flow was $0.1 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Tessera Technologies (TSRA), pushing it down by -0.22% for the day. The stock slid $0.07 and traded at $31.81 during the day. Nonetheless, the stock is 3.55% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 3.01% and the 50-Day Moving Average is 2.39%. Shares have dropped -13.72% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $39.95 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $31.42 and the 200 Day Moving Average price is recorded at $29.85.

Tessera Technologies (NASDAQ:TSRA): The stock opened at $32.10 on Thursday but the bulls could not build on the opening and the stock topped out at $32.22 for the day. The stock traded down to $31.63 during the day, due to lack of any buying support eventually closed down at $31.76 with a loss of -0.38% for the day. The stock had closed at $31.88 on the previous day. The total traded volume was 225,196 shares.

In an insider trading activity, The director, of Tessera Technologies Inc, Hill Richard had unloaded 25,000 shares at $32.12 per share in a transaction on June 13, 2016. The total value of transaction was $803,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Tessera Technologies, Inc. is a holding company. The Company operates its business through its subsidiaries, which include Invensas Corporation (Invensas), which is engaged in semiconductor interconnect innovation and intellectual property licensing, and FotoNation Limited (FotoNation), which provides face-oriented imaging technologies. Its technologies include semiconductor packaging and interconnect solutions, and products and solutions for mobile and imaging, including its LifeFocus, FaceTools, FacePower, FotoSavvy, DigitalAperture, face beautification, red-eye removal, high dynamic range, autofocus, panorama and image stabilization intellectual property. Its packaging capabilities include a low-temperature wafer bonding technology platform that manages the delivery of 2.5-dimensional (2.5D) and three-dimensional integrated circuit (3D-IC) solutions. The Companys 2.5D and 3D-IC solutions include ZiBond direct bonding and DBI hybrid bonding technologies.

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