Shares of Vmware (VMW) Sees Large Outflow of Money

Vmware (VMW) : Thursdays money flow analysis of Vmware (VMW) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $15.02 million. In comparison, the inflow of money on upticks was a meager $11.22 million. The dollar value of composite uptick trades minus the downtick trades was negative $3.8 million. The uptick to downtick ratio of 0.75 in the money flow shows weakness. The downtick transaction value was high at $3.71 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($3.71 million). Vmware (VMW) gained $0.24 at $61.2, a change of 0.39% over the previous days close.


The stock has recorded a 20-day Moving Average of 3.26% and the 50-Day Moving Average is 2.73%. Shares have dropped -29.34% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $93.43 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $60.21 and the 200 Day Moving Average price is recorded at $53.98.

Vmware (NYSE:VMW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $61.46 and $60.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $61.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $61.04, notching a gain of 0.13% for the day. The total traded volume was 1,288,578 . The stock had closed at $60.96 on the previous day.

In an insider trading activity, Poonen Sanjay, officer (EVP, GM, EUC, Head Global Mktg) of Vmware, Inc., unloaded 5,500 shares at an average price of $60.08 on May 31, 2016. The total amount of the transaction was worth $330,440, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

VMware, Inc. is a provider of virtualization infrastructure solutions. The Company develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC). The Companys SDDC is designed to transform the data center into an on-demand service that addresses application requirements by abstracting, pooling and automating the services that are required from the underlying hardware. The hybrid cloud computing enables customers to utilize off-premise vSphere-based hybrid cloud computing capacity. End-user computing enables information technology (IT) organizations to deliver secure access to data, applications and devices to end users.

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