Large Outflow of Money Witnessed in Mid-America Apartment Communities

Mid-America Apartment Communities (NYSE:MAA) During the most recent session, the shares traded at 2.22 points or 2.26% higher at $100.36. The money flow data is unimpressive with the net money flow value of $(-3.36) million. As per the intraday data, the upticks measured $10.53 million and the downticks measured $13.9 million. As a result, the up/down ratio registered a value of 0.76. The shares have seen 0.11% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $4.07 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-4.07) million.


Currently the company Insiders own 1.66% of Mid-America Apartment Communities shares according to the proxy statements. Institutional Investors own 96.81% of Mid-America Apartment Communities shares. On the companys insider trading activities, Bolton H Eric Jr, director officer (President and CEO) of Mid America Apartment Communities Inc had purchased 070 shares on December 31, 2015 in a transaction. The price per share was $70.63 and the total amount of the disclosed transaction was $4,944.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Mid-America Apartment Communities (NYSE:MAA) : On Monday heightened volatility was witnessed in Mid-America Apartment Communities (NYSE:MAA) which led to swings in the share price. The stock opened for trading at $98.36 and hit $100.96 on the upside , eventually ending the session at $100.36, with a gain of 2.26% or 2.22 points. The heightened volatility saw the trading volume jump to 561,688 shares. The 52-week high of the share price is $104.05 and the company has a market cap of $7,578 million. The 52-week low of the share price is at $72.51 .

Many analysts have stated their opinion on the company shares. Jefferies maintains its view on Mid-America Apartment Communities (NYSE:MAA) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Jefferies lowers the price target from $104 per share to $103 per share on Mid-America Apartment Communities . The rating by the firm was issued on June 8, 2016.

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.

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