Shares of Intersil Corporation (ISIL) Sees Large Inflow of Net Money Flow

Intersil Corporation (ISIL) : On Friday, The money flowed into the Intersil Corporation (ISIL) stock with an uptick to downtick ratio was recorded at 1.13. Transactions worth $7.43 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $6.6 million. The total money flow into the stock was $0.83 million. The block trades reveal a bullish bias with an up-down ratio of 0.44. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.6 million of block transactions on upticks. The value of block trades on downticks was $1.38 million, indicating lower selling interest. The total money flow in block trades was $-0.78 million. In terms of price action, Intersil Corporation (ISIL) traded down $0.05 during the session at $20.2. Compared to the previous days closing, the stock was down only by -0.25%. For the week, the stock is 5.59%, over previous weeks closing.


The company Insiders own 1.6% of Intersil Corporation shares according to the proxy statements. Institutional Investors own 92.43% of Intersil Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 4.75%.

In a related news,The officer (SVP, WW Operations) of Intersil Corp/De, Micallef Andrew sold 4,000 shares at $11.96 on May 10, 2016. The Insider selling transaction had a total value worth of $47,840. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Intersil Corporation (NASDAQ:ISIL): stock was range-bound between the intraday low of $20.02 and the intraday high of $20.28 after having opened at $20.2 on Fridays session. The stock finally closed in the red at $20.2, a loss of -0.25%. The stock remained in the red for the whole trading day. The total traded volume was 2,269,173 shares. The stock failed to cross $20.28 in Fridays trading. The stocks closing price on Thursday was $20.25.

Intersil Corporation (ISIL) : Traders are bullish on Intersil Corporation (ISIL) as it has outperformed the S&P 500 by a wide margin of 31.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.06%, 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 5.59% in the last 1 week, and is up 31.51% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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