Shares of Yahoo! (YHOO) Drops by -0.05%

Yahoo! (YHOO) has risen sharply, recording gains of 2.11% in the past 4 weeks. However, the stock has corrected -0.05% in the past 1 week, providing a good buying opportunity on dips. Yahoo! (YHOO) : During the past 4 weeks, traders have been relatively bearish on Yahoo! (YHOO), hence the stock is down -2.16% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.53% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 1.15% and the 50-Day Moving Average is 1.63%.

Yahoo! (NASDAQ:YHOO): The stock opened at $38.16 on Friday but the bulls could not build on the opening and the stock topped out at $38.19 for the day. The stock traded down to $37.68 during the day, due to lack of any buying support eventually closed down at $37.72 with a loss of -0.63% for the day. The stock had closed at $37.96 on the previous day. The total traded volume was 13,513,375 shares.

Yahoo!

The company Insiders own 9.2% of Yahoo! shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.92% . Institutional Investors own 77.25% of Yahoo! shares. During last six month period, the net percent change held by insiders has seen a change of -2.92%. In a related news, The officer (Chief Revenue Officer), of Yahoo Inc, Utzschneider Lisa had unloaded 339 shares at $38 per share in a transaction on July 12, 2016. The total value of transaction was $12,882. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Companys products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. Yahoo.com offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.

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