Apple (AAPL) : The total money flow in Apple (AAPL) was negative ($28.68 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $574.13 million. In comparison, the inflow of money into the stock on upticks was $545.45 million. The uptick to downtick ratio was 0.95. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $64.51 million. The value of transactions on uptick was $48.79 million. The negative money flow of ($15.73 million) confirms the selling in Apple (AAPL) on strength. The uptick to downtick ratio of block trades was 0.76. Apple (AAPL) gained $1.05 at $99.83, a gain of 1.06% over the previous days close. However, the stock registered 3.26% in the week.
Apple Inc. has dropped 6.55% during the last 3-month period . Year-to-Date the stock performance stands at -4.06%. Shares of Apple Inc. rose by 2.94% in the last five trading days and 2.34% for the last 4 weeks. In a related news,The officer (Senior Vice President) of Apple Inc, Ahrendts Angela J sold 25,000 shares at $100 on May 31, 2016. The Insider selling transaction had a total value worth of $2,500,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Apple (NASDAQ:AAPL): stock turned positive on Monday. Though the stock opened at $98.7, the bulls momentum made the stock top out at $100.13 level for the day. The stock recorded a low of $98.6 and closed the trading day at $99.83, in the green by 1.06%. The total traded volume for the day was 36,493,867. The stock had closed at $98.78 in the previous days trading.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Companys products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.