Large Outflow of Money Witnessed in Intersil Corporation

Intersil Corporation (ISIL) : The total negative money flow of $2.38 million on Monday indicates selling on strength. The inflow of money on upticks was $2.67 million, compared to $5.05 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.53. The negative money flow of $2.33 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $2.27 million in a block trade.The transaction value of block trade on downtick was $4.6 million. The uptick to downtick ratio was 0.49. The price action in the Intersil Corporation (ISIL) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $14.51 with a gain of $0.12 , a change of 0.83% over the previous days close. The stock registered 3.79% for the week.


Intersil Corporation is up 12.54% in the last 3-month period. Year-to-Date the stock performance stands at 15.54%. Shares of Intersil Corporation rose by 2.92% in the last five trading days and 2.63% for the last 4 weeks. In a related news, Micallef Andrew, officer (SVP, WW Operations) of Intersil Corp/De, unloaded 4,000 shares at an average price of $11.96 on May 10, 2016. The total amount of the transaction was worth $47,840, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Intersil Corporation (NASDAQ:ISIL): stock turned positive on Monday. Though the stock opened at $14.18, the bulls momentum made the stock top out at $14.64 level for the day. The stock recorded a low of $14.18 and closed the trading day at $14.45, in the green by 0.42%. The total traded volume for the day was 1,105,617. The stock had closed at $14.39 in the previous days trading.

Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. The Company also provides precision analog components. The Companys product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.

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