Shares of EMC Corporation (EMC) Rally 0.15%

EMC Corporation (EMC) : During the past 4 weeks, traders have been relatively bearish on EMC Corporation (EMC), hence the stock is down -3.66% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.33% 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 0.15% in the last 1 week, and is up 0.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 0.59% and the 50-Day Moving Average is 0.51%.

EMC Corporation (NYSE:EMC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.53 and $27.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.55, notching a gain of 0.07% for the day. The total traded volume was 16,957,435 . The stock had closed at $27.53 on the previous day.


The company Insiders own 0.4% of EMC Corporation shares according to the proxy statements. Institutional Investors own 79.78% of EMC Corporation shares. In a related news,The officer (President, RSA) of Emc Corp, Amit Yoran sold 21,487 shares at $27.17 on August 7, 2015. The Insider selling transaction had a total value worth of $583,802. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industrys range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure and Pivotal. EMC Information Infrastructure business consists of three divisons: Information Storage, Enterprise Content Division and RSA Information Security. EMC Information Infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure quantities of information. VMware develops and markets its product and service offerings within three main product groups: Software-Defined Data Center, Cloud Services and End-User Computing. Pivotals three offerings include the Pivotal Big Data Suite, Pivotal Labs and Pivotal Cloud Foundry.

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