EMC Corporation (EMC): $15.58 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.14. The value of trades done on upticks was $127.23 million, whereas, trades done on downticks were valued at $111.65 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $53.36 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $32.24 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.66 was strongly in favor of the bulls. The money flow in block trades was $21.13 million. EMC Corporation (EMC) fell $0.13 traded at $28.86, a change of -0.45% over the previous day. The stock is 0.56% for the week.
The company Insiders own 0.4% of EMC Corporation shares according to the proxy statements. Institutional Investors own 79.86% 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 (NYSE:EMC): stock was range-bound between the intraday low of $28.7 and the intraday high of $28.84 after having opened at $28.82 on Fridays session. The stock finally closed in the red at $28.82, a loss of -0.31%. The stock remained in the red for the whole trading day. The total traded volume was 30,119,639 shares. The stock failed to cross $28.84 in Fridays trading. The stocks closing price on Thursday was $28.86.
On a relative basis, the stock has outperformed the S&P 500 by 1.33% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.24% in the last 1 week, and is up 1.2% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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.