Shares of Brookdale Senior Living (NYSE:BKD) Sees Large Outflow of Money

Brookdale Senior Living (NYSE:BKD) : The total money flow in Brookdale Senior Living (NYSE:BKD) was negative ($8.47 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $11.8 million. In comparison, the inflow of money into the stock on upticks was $3.33 million. The uptick to downtick ratio was 0.28. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $9.03 million. The value of transactions on uptick was $0.52 million. The negative money flow of ($8.51 million) confirms the selling in Brookdale Senior Living (NYSE:BKD) on strength. The uptick to downtick ratio of block trades was 0.06. Brookdale Senior Living (NYSE:BKD) gained $0.42 at $15.39, a gain of 2.81% over the previous days close. However, the stock registered -1.16% in the week.


In an insider trading activity, Clegg Jackie M, director of Brookdale Senior Living Inc. had purchased 1,500 shares on March 4, 2016 in a transaction. The price per share was $15.56 and the total amount of the disclosed transaction was $23,340.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. Currently 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%.

The company shares have dropped -56.47% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $35.35 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $17.23 and the 200 Day Moving Average price is recorded at $16.58. Brookdale Senior Living (NYSE:BKD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.22 and $14.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.39, notching a gain of 2.81% for the day. The total traded volume was 2,146,851 . The stock had closed at $14.97 on the previous day.

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.

Leave a Reply

Get Pre-Market Alerts!

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