Shares of KB Home (NYSE:KBH) Sees Large Outflow of Money

Shares of KB Home (NYSE:KBH) advanced to $14.51. The price had gained 0.14% or 0.02 points intraday. The latest trading session witnessed $3.62 million in upticks and $4.81 million in downticks, resulting in net money flow of (-1.19) million. The up/down ratio for the day stood at 0.75. On a weekly scale, the price has seen a change of 1.68%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-0.72) million occurred during the day. $0.2 million in uptick and $0.92 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.22.


The stock has recorded a 20-day Moving Average of 3.8% and the 50-Day Moving Average is 5.35%. The company shares have dropped 13.13% in the past 52 Weeks. On June 25, 2015 The shares registered one year high of $17.42 and one year low was seen on January 20, 2016 at $9.04. The 50-day moving average is $13.56 and the 200 day moving average is recorded at $12.71. S&P 500 has rallied 1.93% during the last 52-weeks.

KB Home (NYSE:KBH): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.86 and $14.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.54, notching a gain of 0.35% for the day. The total traded volume was 5,404,072 . The stock had closed at $14.49 on the previous day.

Currently the company Insiders own 8.6% of KB Home shares according to the proxy statements. Institutional Investors own 95.23% of KB Home shares. During last six month period, the net percent change held by insiders has seen a change of 4524.89%. On the companys insider trading activities, Franklin Nicholas S, officer (EVP, Strategic Operations) of Kb Home, executed a transaction worth $73,800 on April 27, 2015. A total of 5,000 shares were purchased at an average price of $14.76. 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.

KB Home is a homebuilding company that constructs and sells homes through its operating divisions under the name KB Home. The Company operates through five operating segments, which includes four homebuilding segments and one financial services segment. The Companys homebuilding operations are organized into four segments: West Coast, Southwest, Central and Southeast. The Company delivered approximately 7,215 homes through its four homebuilding segments. The Companys financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers. The Company also provides title services in the majority of its markets located within Central and Southeast homebuilding reporting segments. This segment also offers mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through Home Community Mortgage, LLC (HCM).

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