Large Inflow of Money Witnessed in Walker & Dunlop

Walker & Dunlop (NYSE:WD) : Walker & Dunlop (NYSE:WD) had a healthy money flow of $0.15 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $0.31 million, whereas, investors only sold shares worth $0.16 million on downticks. The stock closed the day with an up-down ratio of 1.93.The money flow in the block trades to the tune of $0.01 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.01 million worth of transactions were on upticks. Walker & Dunlop (NYSE:WD) stock slid $0.01 intraday and traded at 22.55, a change of -0.04% over previous days close. However, for the week, the company shares are -3.09% compared to previous weeks close.


In an insider trading activity, Schmaltz Dana L, director of Walker & Dunlop, Inc., executed a transaction worth $24,120 on March 18, 2016. A total of 1,000 shares were purchased at an average price of $24.12. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 11.6% of Walker & Dunlop shares according to the proxy statements. Institutional Investors own 77.72% of Walker & Dunlop shares. During last six month period, the net percent change held by insiders has seen a change of 7.39%.

The company shares have dropped -16.26% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $33.17 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $24.01 and the 200 Day Moving Average price is recorded at $24.03. Walker & Dunlop (NYSE:WD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.71 and $22.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.09, notching a gain of 2.35% for the day. The total traded volume was 159,805 . The stock had closed at $22.56 on the previous day.

Walker & Dunlop, Inc. (Walker & Dunlop) is a holding company, which conducts all of its operations through Walker & Dunlop, LLC, its operating company. Walker & Dunlop is a provider of commercial real estate financial services in the United States, with a primary focus on multifamily lending. The Company originates, sells, and services a range of multifamily and other commercial real estate financing products, including Multifamily Finance, Federal Housing Administration Finance, Capital Markets, and Proprietary Capital. It originates and sells loans through the programs of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac, and together with Fannie Mae, the government-sponsored enterprises), the Government National Mortgage Association (Ginnie Mae) and the Federal Housing Administration, a division of the United States Department of Housing and Urban Development (together with Ginnie Mae, HUD).

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.