Shares of Apple (NASDAQ:AAPL) Sees Large Inflow of Net Money Flow

Apple (NASDAQ:AAPL) traded negative at $95.57. On an intraday basis, the price dropped -1.98 points or -2.03%. The composite uptick value was $1143.39 million while the combined downtick value was $563.65. The net money flow was $579.75 million while the up/down ratio was not very comforting at 2.03. The shares on a weekly note has seen a change in share price of -3.3%.According to the trading data, the shares saw a block trade with $554.88 million in upticks and $6.13 million in downticks. The up/down ratio for the block was calculated to be 90.58. The net money flow for the block trade was 548.75.

Apple Inc. has dropped 3.54% in the last five trading days, however, the shares have posted positive gains of 0.81% in the last 4 weeks. Apple Inc. has dropped 9.45% during the last 3-month period . Year-to-Date the stock performance stands at -8.39%.

Currently the company Insiders own 0.08% of Apple shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -32.05% . Institutional Investors own 59.81% of Apple shares. During last six month period, the net percent change held by insiders has seen a change of -33.73%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of Apple Inc, Ahrendts Angela J had sold 25,000 shares worth of $2,500,000 in a transaction dated May 31, 2016. In this transaction, 25,000 shares were sold at $100 per share.

Apple (NASDAQ:AAPL) witnessed a decline in the market cap on Friday as its shares dropped 2.28% or 2.22 points. After the session commenced at $96.62, the stock reached the higher end at $96.65 while it hit a low of $95.3. With the volume soaring to 61,008,219 shares, the last trade was called at $95.33. The company has a 52-week high of $132.97. The company has a market cap of $522,163 million and there are 5,477,425,000 shares in outstanding. The 52-week low of the share price is $89.47.

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.

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