Shares of Netsuite Inc (N) Sees Large Inflow of Net Money Flow

Netsuite Inc (N) : Fridays money flow indicated an uptick to downtick ratio was at 1.49. The total value of inflow transactions on upticks was $1.84 million, whereas, the total value of outflow trades on downticks was $1.23 million. The total money flow was $0.61 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0 million. The total value of the trades done on upticks was $0 million. Netsuite Inc (N) was trading with a -0.06% change over previous days close. It fell $0.06 during the day and reached $108.95. The stock was 0.01% compared to the previous weeks close.


The company Insiders own 4.6% of Netsuite Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.29% . Institutional Investors own 54.3% of Netsuite Inc shares. During last six month period, the net percent change held by insiders has seen a change of -18.14%.

In a related news,The officer (President WW Sales & Distrib) of Netsuite Inc, Huffman Marc sold 1,756 shares at $108.74 on August 15, 2016. The Insider selling transaction had a total value worth of $190,947. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Netsuite Inc (NYSE:N): stock was range-bound between the intraday low of $108.92 and the intraday high of $109.06 after having opened at $109.01 on Fridays session. The stock finally closed in the red at $109.01, a loss of -0.05%. The stock remained in the red for the whole trading day. The total traded volume was 191,591 shares. The stock failed to cross $109.06 in Fridays trading. The stocks closing price on Thursday was $109.01.

On a relative basis, the stock has outperformed the S&P 500 by 0.43% 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 0.02% in the last 1 week, and is up 0.29% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

NetSuite Inc. (NetSuite) is a provider of cloud-based financials, enterprise resource planning (ERP) and omnichannel commerce software suites. The Companys offerings include NetSuite, NetSuite OneWorld, NetSuite CRM+, NetSuite OpenAir PSA, SuiteCommerce, NetSuite POS, TribeHR, LightCMS, Add-On Modules, NetSuite Industry Editions and SuiteCloud Platform. Its main offering is NetSuite, which provides core business management capabilities. NetSuite, OneWorld and NetSuite CRM+ are designed for use by most types of businesses. NetSuite OpenAir (OpenAir) PSA is for professional services businesses. SuiteCommerce enables businesses to move from standalone transactional channels to an integrated commerce solution. NetSuite POS is a point-of-sale solution. TribeHR is a HCM solution. LightCMS is a Web-based software platform. SuiteCloud is the Companys technology platform. It delivers its applications over the Internet as a subscription service using the software-as-a-service (SaaS) model.

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