Shares of Simon Property Group (SPG) Sees Large Inflow of Net Money Flow

Simon Property Group (SPG) : On Tuesday, The money flowed into the Simon Property Group (SPG) stock with an uptick to downtick ratio was recorded at 1.39. Transactions worth $79.48 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $57.23 million. The total money flow into the stock was $22.25 million. The block trades reveal a bullish bias with an up-down ratio of 4. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $27.81 million of block transactions on upticks. The value of block trades on downticks was $6.95 million, indicating lower selling interest. The total money flow in block trades was $20.86 million. In terms of price action, Simon Property Group (SPG) traded down $0.28 during the session at $221.46. Compared to the previous days closing, the stock was down only by -0.13%. For the week, the stock is 0.87%, over previous weeks closing.


The company Insiders own 8.5% of Simon Property Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 1.57% . Institutional Investors own 95.83% of Simon Property Group shares. During last six month period, the net percent change held by insiders has seen a change of -31.19%. In an insider trading activity, Hubbard Allan B, director of Simon Property Group Inc /De/, had purchased 136 shares on April 28, 2016. The total value of the transaction was $27,869. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Simon Property Group Inc. rose by 0.56% in the last five trading days and 10.59% for the last 4 weeks. Simon Property Group Inc. is up 7.26% in the last 3-month period. Year-to-Date the stock performance stands at 15.83%.

Simon Property Group (NYSE:SPG): On Tuesdays trading session , Opening price of the stock was $221.33 with an intraday high of $221.84. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $219.18. However, the stock managed to close at $221.46, a loss of 0.13% for the day. On the previous day, the stock had closed at $221.74. The total traded volume of the day was 1,255,088 shares.

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P. (Operating Partnership), is the Companys majority-owned partnership subsidiary that owns all of its real estate properties and other assets. The Company owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets and The Mills. As of December 31, 2014, the Company owned or held an interest in 207 properties in the United States, which consisted of 109 malls, 68 Premium Outlets, 13 Mills, three community centers, and 14 other retail properties in 37 states and Puerto Rico. As of December 31, 2014, the Company had ownership interests in nine Premium Outlets in Japan, three Premium Outlets in South Korea, two Premium Outlets in Canada, one Premium Outlet in Mexico and one Premium Outlet in Malaysia. As of December 31, 2014, the Company had non-controlling ownership interests in five outlet properties in Europe.

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