Mid-America Apartment Communities (MAA) : On Tuesday, The money flowed into the Mid-America Apartment Communities (MAA) stock with an uptick to downtick ratio was recorded at 1.09. Transactions worth $8.85 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $8.14 million. The total money flow into the stock was $0.71 million. The block trades reveal a bullish bias with an up-down ratio of 1. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $2.15 million of block transactions on upticks. The value of block trades on downticks was $2.16 million, indicating lower selling interest. The total money flow in block trades was $-0.01 million. In terms of price action, Mid-America Apartment Communities (MAA) traded down $0.06 during the session at $107.82. Compared to the previous days closing, the stock was down only by -0.06%. For the week, the stock is -0.18%, over previous weeks closing.
The company Insiders own 1.66% of Mid-America Apartment Communities shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 0.03% . Institutional Investors own 96.83% of Mid-America Apartment Communities shares. During last six month period, the net percent change held by insiders has seen a change of 0.03%. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the Director Officer (President And Ceo) of MID AMERICA APARTMENT COMMUNITIES INC, Bolton H Eric Jr, had purchased 060 shares in a transaction dated on June 30, 2016. The transaction was executed at $82.88 per share with total amount equaling $4,973.
Mid-America Apartment Communities Inc. has dropped 0.7% in the last five trading days, however, the shares have posted positive gains of 10.59% in the last 4 weeks. Mid-America Apartment Communities Inc. is up 7.48% in the last 3-month period. Year-to-Date the stock performance stands at 21.59%.
Mid-America Apartment Communities (NYSE:MAA): stock turned positive on Tuesday. Though the stock opened at $107.91, the bulls momentum made the stock top out at $108.55 level for the day. The stock recorded a low of $106.8 and closed the trading day at $108.53, in the green by 0.60%. The total traded volume for the day was 681,654. The stock had closed at $107.88 in the previous days trading.
Mid-America Apartment Communities, Inc. is a multifamily focused, self-administered and self-managed Real Estate Investment Trust (REIT). The Company is the general partner of Mid-America Apartments, L.P. The Company owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. The Companys segments include large market same store communities, secondary market same store communities and non-same store communities and other. As of December 31, 2014, the Companys activities include full or partial ownership and operation of 268 multi-family properties and three commercial properties, located in Alabama, Arizona, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, Nevada, North Carolina, South Carolina, Tennessee, Texas and Virginia.