Shares of American Campus Communities Inc (NYSE:ACC) Sees Large Outflow of Money

American Campus Communities Inc (NYSE:ACC) : Net money flow in American Campus Communities Inc (NYSE:ACC) was negative ($15.58 million) and the inflow of money on uptick was $12.65 million, whereas, the outflow of money on downticks amounted to $28.23 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.45. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.94 million. On the other hand, the total value of block trades done on downticks was $17.75 million. The ratio of uptick to downtick block trades was 0.11. The money flow in block trades was negative ($15.81). American Campus Communities Inc (NYSE:ACC) gained $0.16 cent during the day and reached $51.78, a gain of 0.31% over the previous day.


In an insider trading activity, The Securities and Exchange Commission has divulged that Perry Daniel, officer (EVP, Cap. Mkts. & Corp. Fin.) of American Campus Communities Inc, had unloaded 4,096 shares at an average price of $49.05 in a transaction dated on June 22, 2016. The total value of the transaction was worth $200,909. Currently the company Insiders own 0.65% of American Campus Communities Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.99% . Institutional Investors own 99.66% of American Campus Communities Inc shares. During last six month period, the net percent change held by insiders has seen a change of -12.56%.

The company shares have rallied 33.59% from its 1 Year high price. On Jun 28, 2016, the shares registered one year high at $51.62 and the one year low was seen on Sep 10, 2015. The 50-Day Moving Average price is $47.64 and the 200 Day Moving Average price is recorded at $44.54. American Campus Communities Inc (NYSE:ACC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.93 and $51.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.78, notching a gain of 0.31% for the day. The total traded volume was 1,796,508 . The stock had closed at $51.62 on the previous day.

American Campus Communities, Inc. is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns, manages and develops student housing properties in the United States in terms of beds owned and under management. It is a self-managed and self-administered equity REIT engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Companys total owned and third-party managed portfolio includes approximately 204 properties with 130,700 beds in 44,300 units. Its property portfolio consists of approximately 145 owned off-campus student housing properties. It operates under four segments: Wholly-Owned Properties, On-Campus Participating Properties, Development Services and Property Management Services.

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