Shares of Shutterstock, Inc. (SSTK) Sees Large Inflow of Net Money Flow

The shares of Shutterstock, Inc. (SSTK) traded with a loss of -0.4 points or -0.74% in the most recent session. The shares last traded at $53.4. As per the trading info, the shares saw $2.44 million in upticks and lost $0.35 million in downticks, resulting in a net money flow of $2.09 million. The up/down ratio for the day was measured at 6.95. For the week, the shares had posted -0.78%.From the block trade data available, the total upticks were valued at $2.16 million and the total downticks were valued at $0 million, thereby putting the up/down ratio at 0. The net money flow for the block transaction was $2.16 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shutterstock, Inc. has dropped 0.39% in the last five trading days, however, the shares have posted positive gains of 11.64% in the last 4 weeks. Shutterstock, Inc. has dropped 10.07% during the last 3-month period . Year-to-Date the stock performance stands at 11.64%. Shutterstock, Inc. (NYSE:SSTK) witnessed a decline in the market cap on Wednesday as its shares dropped 1.39% or 0.75 points. After the session commenced at $54.27, the stock reached the higher end at $54.79 while it hit a low of $52.11. With the volume soaring to 353,418 shares, the last trade was called at $53.05. The company has a 52-week high of $65.16. The company has a market cap of $1,864 million and there are 35,128,513 shares in outstanding. The 52-week low of the share price is $25.44.

Company has reported several Insider transactions to the SEC, on Jun 16, 2016, Steven Berns (Chief Financial Officer) sold 847 shares at 43.30 per share price.On Mar 15, 2016, Catherine Ulrich (Chief Product Officer) sold 5,964 shares at 36.77 per share price.On Sep 10, 2015, Nicholas Flynn (SVP Enterprise Sales) sold 615 shares at 33.48 per share price.

Shutterstock Inc Last issued its quarterly earnings results on Nov 4, 2016. The company reported $0.40 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.32. The company had revenue of $123.10 million for the quarter, compared to analysts expectations of $127.59 million. The companys revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Shutterstock Inc was Downgraded by Raymond James to Mkt Perform on Nov 7, 2016.

Shutterstock, Inc. is a global marketplace for digital imagery. It provides licensed photographs, vectors, illustrations and videos to businesses, marketing agencies and media organizations around the world. The Companys online marketplace provides a freely searchable library of commercial digital images that the users can pay to license, download and incorporate into their work. Shutterstock, Inc. is headquartered in New York.


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