Large Outflow of Money Witnessed in Computer Sciences Corporation

Computer Sciences Corporation (CSC) : The total money flow in Computer Sciences Corporation (CSC) was negative ($8.26 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $24.43 million. In comparison, the inflow of money into the stock on upticks was $16.17 million. The uptick to downtick ratio was 0.66. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $9.78 million. The value of transactions on uptick was $1.15 million. The negative money flow of ($8.63 million) confirms the selling in Computer Sciences Corporation (CSC) on strength. The uptick to downtick ratio of block trades was 0.12. Computer Sciences Corporation (CSC) gained $0.59 at $47.63, a gain of 1.25% over the previous days close. However, the stock registered 3.3% in the week.


The company Insiders own 1.53% of Computer Sciences Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.6% . Institutional Investors own 92.71% of Computer Sciences Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -12%.

In a related news, Lawrie John M, director officer (Chairman, President and CEO) of Computer Sciences Corp, unloaded 6,500 shares at an average price of $46.61 on August 10, 2016. The total amount of the transaction was worth $302,965, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Computer Sciences Corporation (NYSE:CSC): The stock opened at $47.99 and touched an intraday high of $49.28 on Friday. During the day, the stock corrected to an intraday low of $47.96, however, the bulls stepped in and pushed the price higher to close in the green at $49.08 with a gain of 3.04% for the day. The total traded volume for the day was 1,765,765. The stock had closed at $47.63 in the previous trading session.

Computer Sciences Corporation (CSC) : Traders are bullish on Computer Sciences Corporation (CSC) as it has outperformed the S&P 500 by a wide margin of 1.29% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.91%, 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 6.44% in the last 1 week, and is up 1.15% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS), which is a provider of various technology solutions, including consulting, applications services and software; Global Infrastructure Services (GIS), which provides solutions, such as managed and virtual desktop solutions, and data center management, and North American Public Sector (NPS), which delivers IT, mission and operations-related services. Its subsidiary, ServiceMesh Inc. (ServiceMesh), is a provider of enterprise cloud management software. ServiceMesh also provides various other services, such as tiered services levels, different levels of security, self-service options, governance, policy and real time monitoring. CSCs subsidiary, Fruition Partners, provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software

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