Large Outflow of Money Witnessed in Cisco Systems

Cisco Systems (CSCO) : The value of composite uptick trades was $51.08 million, whereas, the value of composite downtick trades was $66.07 million. The uptick to downtick ratio stood at 0.77 with a negative money flow of ($14.99) Million during Fridays trading session. The block trades money flow was negative ($11.02 million).The uptick to the downtick ratio of 0.14 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $1.85 million. The transaction of the trades on downticks amounted to $12.86 million, which confirms investors selling on the strength of price. Cisco Systems (CSCO) gained 14 cents at $31.58, an increase of 0.45% over the previous days close.


The company Insiders own 0.13% of Cisco Systems shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.7% . Institutional Investors own 75.16% of Cisco Systems shares. During last six month period, the net percent change held by insiders has seen a change of -19.29%.

In a related news, The Securities and Exchange Commission has divulged that Bartz Carol, director of Cisco Systems, Inc., had unloaded 15,000 shares at an average price of $31.25 in a transaction dated on August 25, 2016. The total value of the transaction was worth $468,750.

Cisco Systems (NASDAQ:CSCO): The stock opened at $31.65 and touched an intraday high of $31.95 on Friday. During the day, the stock corrected to an intraday low of $31.65, however, the bulls stepped in and pushed the price higher to close in the green at $31.83 with a gain of 0.79% for the day. The total traded volume for the day was 18,156,539. The stock had closed at $31.58 in the previous trading session.

Cisco Systems (CSCO) : Traders are bullish on Cisco Systems (CSCO) as it has outperformed the S&P 500 by a wide margin of 2.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.02%, 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 1.53% in the last 1 week, and is up 2.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Cisco System, Inc. (Cisco) designs and sells lines of products, provides services and delivers integrated solutions to develop and connect networks around the world, building the Internet. The Company is engaged in designing, manufacturing and selling Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use. The Company operates its business through three segments: The Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). It groups its products and technologies into the various categories, such as Switching, Next-Generation Network (NGN) Routing, Collaboration, Service Provider Video, Data Center, Wireless, Security, and Other Products. In addition to its product offerings, it provides a range of service offerings, including technical support services and advanced services.

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