Large Outflow of Money Witnessed in Cisco Systems

Cisco Systems (CSCO) : The total money flow in Cisco Systems (CSCO) was negative ($60.89 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $115.91 million. In comparison, the inflow of money into the stock on upticks was $55.02 million. The uptick to downtick ratio was 0.47. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $59.66 million. The value of transactions on uptick was $5.4 million. The negative money flow of ($54.26 million) confirms the selling in Cisco Systems (CSCO) on strength. The uptick to downtick ratio of block trades was 0.09. Cisco Systems (CSCO) gained $0.09 at $29.91, a gain of 0.3% over the previous days close. However, the stock registered 2.22% in the week.


Cisco Systems, Inc. is up 7.07% in the last 3-month period. Year-to-Date the stock performance stands at 13.02%. Shares of Cisco Systems, Inc. rose by 1.63% in the last five trading days and 4.55% for the last 4 weeks. In a related news, The officer (EVP, Chief Development Officer), of Cisco Systems, Inc., Patel Pankaj had unloaded 9,891 shares at $29.03 per share in a transaction on June 23, 2016. The total value of transaction was $287,136. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Cisco Systems (NASDAQ:CSCO): stock turned positive on Monday. Though the stock opened at $29.75, the bulls momentum made the stock top out at $29.995 level for the day. The stock recorded a low of $29.74 and closed the trading day at $29.91, in the green by 0.30%. The total traded volume for the day was 17,484,874. The stock had closed at $29.82 in the previous days trading.

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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