Shares of Linear Technology Corporation (LLTC) Sees Large Outflow of Money

Linear Technology Corporation (LLTC) : The total money flow in Linear Technology Corporation (LLTC) was negative ($5.83 million), which signals selling by the traders on Thursdays session. They trimmed their holdings by selling the stock on downticks to the tune of $15.36 million. In comparison, the inflow of money into the stock on upticks was $9.52 million. The uptick to downtick ratio was 0.62. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $6.69 million. The value of transactions on uptick was $1.7 million. The negative money flow of ($4.99 million) confirms the selling in Linear Technology Corporation (LLTC) on strength. The uptick to downtick ratio of block trades was 0.25. Linear Technology Corporation (LLTC) gained $0.63 at $46.15, a gain of 1.38% over the previous days close. However, the stock registered -0.15% in the week.


Linear Technology Corporation (LLTC) : 10 investment research analysts covering Linear Technology Corporation (LLTC) have an average price target of $46.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $55 and the lowest target is $35 for the short term. Analysts expect the variance to be within $5.73 of the average price. The stock has recorded a 20-day Moving Average of 0.82% and the 50-Day Moving Average is 0.61%.

Linear Technology Corporation (NASDAQ:LLTC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.67 and $45.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $46.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $46.15, notching a gain of 1.38% for the day. The total traded volume was 2,001,179 . The stock had closed at $45.52 on the previous day.

Linear Technology Corporation (Linear Technology) is engaged in designing, manufacturing and marketing a line of high performance analog integrated circuits for companies across the world. Linear Technology produces power management, data conversion, signal conditioning, RF and interface ICs, Module subsystems, and wireless sensor network products. The Company produces a range of products for a variety of customers and markets. The Companys SmartMesh IP and SmartMesh WirelessHART technology offers wireless network based solutions using low power electronic components, board level products with mesh networking and software addressing high level applications such as industrial process automation, data center energy management, building energy management, renewable energy monitoring, and transportation management systems.

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