Brookdale Senior Living (BKD) : Traders are bullish on Brookdale Senior Living (BKD) as it has outperformed the S&P 500 by a wide margin of 0.82% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.16%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.67% in the last 1 week, and is up 5.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 6.27% and the 50-Day Moving Average is 0.8%.
Brookdale Senior Living (NYSE:BKD): The stock opened at $17.11 on Friday but the bulls could not build on the opening and the stock topped out at $17.11 for the day. The stock traded down to $16.82 during the day, due to lack of any buying support eventually closed down at $16.90 with a loss of -0.59% for the day. The stock had closed at $17.00 on the previous day. The total traded volume was 1,411,025 shares.
The company Insiders own 1.3% of Brookdale Senior Living shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of 7.96%. In a related news, Clegg Jackie M, director of Brookdale Senior Living Inc., had purchased 1,500 shares on March 4, 2016. The total value of the transaction was $23,340. 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.
Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services, and Management Services. The Companys Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Companys Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Companys CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health, therapy and other ancillary services, and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Companys unconsolidated ventures.