Shares of Linear Technology Corporation (NASDAQ:LLTC) Sees Large Inflow of Net Money Flow

Linear Technology Corporation (NASDAQ:LLTC) dropped slightly amid mild profit booking and the last known price was $46.08 per share. The price decreased by -1.63 points or -3.41% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $15.82 million. The total upticks were valued at $36.68 million and the total downticks aggregated to $20.85 million, thereby putting the up/down ratio at 1.76,. The shares have seen a change in the share price of -2.86% on a weekly basis.In a big block trade which occurred today, the total uptick value was $15.84 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $15.84 million.

Linear Technology Corporation has dropped 2.7% in the last five trading days, however, the shares have posted positive gains of 2.88% in the last 4 weeks. Linear Technology Corporation is up 4.32% in the last 3-month period. Year-to-Date the stock performance stands at 10.31%.

Currently the company Insiders own 1.2% of Linear Technology Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.7% . Institutional Investors own 94.45% of Linear Technology Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -8.16%. . On the companys insider trading activities, The officer (VP of Quality & Reliability), of Linear Technology Corp /Ca/, Chantalat V Paul had unloaded 15,000 shares at $45.91 per share in a transaction on April 25, 2016. The total value of transaction was $688,650. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Linear Technology Corporation (NASDAQ:LLTC) witnessed a decline in the market cap on Friday as its shares dropped 3.25% or 1.55 points. After the session commenced at $46.005, the stock reached the higher end at $47.48 while it hit a low of $44.94. With the volume soaring to 5,338,133 shares, the last trade was called at $46.15. The company has a 52-week high of $47.887. The company has a market cap of $11,034 million and there are 239,098,190 shares in outstanding. The 52-week low of the share price is $36.41.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.