Shares of National Instruments Corporation (NATI) Sees Large Outflow of Money

National Instruments Corporation (NATI): The stock had negative money flow to the tune of ($2.91 million) on Thursday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $2.43 million, whereas, the outflow of money on downticks was $5.34 million and the ratio between the two was 0.46. The block trade had a negative net money flow of ($2.89 million). On the other hand, downticks amounted to $2.89 million of the traded value, which shows distribution in the stock by traders. National Instruments Corporation (NATI) closed with marginal gains of 3 cents to end the day at $28.86, an increase of 0.1% over the previous days close. The stock recorded 3.63% for the week.


The stock has recorded a 20-day Moving Average of 3.84% and the 50-Day Moving Average is 3.42%. Shares have dropped -2.06% from its 1 Year high price. On Dec 3, 2015, the shares registered one year high at $31.71 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $27.91 and the 200 Day Moving Average price is recorded at $28.27.

National Instruments Corporation (NASDAQ:NATI): The stock opened at $28.96 on Thursday but the bulls could not build on the opening and the stock topped out at $29.17 for the day. The stock traded down to $28.61 during the day, due to lack of any buying support eventually closed down at $28.65 with a loss of -0.62% for the day. The stock had closed at $28.83 on the previous day. The total traded volume was 634,346 shares.

In an insider trading activity, Truchard James J, director officer 10% owner (President) of National Instruments Corp, executed a transaction worth $10,857,523 on May 23, 2016. A total of 394,819 shares were purchased at an average price of $27.5. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides a software and hardware platform for the development of systems needing measurement and control. The Company offers a line of measurement, automation and control products to work either separately, as stand-alone products or as an integrated system or as an integrated system. The Company offers volume licensing. The Company offers products, technology and services, which include system design software, programming tools, application software, hardware products and related driver software, NI education platform, software products for teaching and hardware products for teaching. The Company also offers NI Services, including hardware services and maintenance, software maintenance services and training and certification.

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