Large Inflow of Money Witnessed in Wynn Resorts Limited

Wynn Resorts Limited (NASDAQ:WYNN) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $100.01 with a loss of -0.28 points or -0.28%. The net money flow was $2.38 million and the up/down ratio was 1.14. Approximately $19.8 million was the inflow in upticks and $17.43 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -3.08%.The shares witnessed a block transaction with a net money flow of $2.04 million. The total money in uptick was $2.04 million and in downtick was $0 million with the up/down ratio reaching 0.


The stock has recorded a 20-day Moving Average of 3.2% and the 50-Day Moving Average is 7.1%. The company shares have rallied 0.03% in the past 52 Weeks. On July 7, 2015 The shares registered one year high of $112 and one year low was seen on January 14, 2016 at $49.95. The 50-day moving average is $95.48 and the 200 day moving average is recorded at $81.62. S&P 500 has rallied 1.93% during the last 52-weeks.

Wynn Resorts Limited (NASDAQ:WYNN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $100.52 and $99.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $102.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $101.81, notching a gain of 1.52% for the day. The total traded volume was 1,992,166 . The stock had closed at $100.29 on the previous day.

Currently the company Insiders own 12.6% of Wynn Resorts Limited shares according to the proxy statements. Institutional Investors own 78.09% of Wynn Resorts Limited shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Wynn Resorts Ltd, Wynn Family Limited Partnershi had purchased shares worth of $15,118,425 in a transaction dated on February 8, 2016. A total of 258,523 shares were purchased at a price of $58.48 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts which integrate accommodations and amenities, including fine dining, premium retail offerings, distinctive entertainment and convention facilities. The Company owns 72% of Wynn Macau, Limited, which operates an integrated resort in the Macau Special Administrative Region of the Peoples Republic of China (Macau). Wynn Resorts also owns 100% of and operates an integrated resort in Las Vegas, Nevada. The company operates through two segments: Macau Operations, which includes Wynn Macau and Encore at Wynn Maca, and Las Vegas Operations, which includes Wynn Las Vegas and Encore at Wynn Las Vegas. Its Macau Operations features approximately 284,000 square feet of casino space with 498 table games and 625 slot machines, two hotel towers and others. Its Las Vegas Operations features approximately 186,000 square feet of casino space with 232 table games, 1,849 slot machines, two hotel towers and others.

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