Shares of Lennar Corporation (NYSE:LEN) Sees Large Outflow of Money

Lennar Corporation (NYSE:LEN) traded on a positive note gaining 0.22 points or 0.47% to be valued at $46.88 per share. Intraday, the shares aggregated $33.8 million in upticks but saw an exodus of $38.29 million in downticks. The net money flow was calculated to be $(-4.49) million with the final up/down ratio coming in at 0.88. The share price has seen a change of 1.47% in value during the week. Block trade of up/down ratio of 0.7 was also registered with $2.37 million in upticks and $3.38 million in downticks. The net money flow for the block exchange was disappointing at $(-1) Million.


The stock has recorded a 20-day Moving Average of 0.25% and the 50-Day Moving Average is 0.58%. The company shares have dropped 4.78% in the past 52 Weeks. On August 19, 2015 The shares registered one year high of $56.04 and one year low was seen on February 11, 2016 at $37.14. The 50-day moving average is $45.21 and the 200 day moving average is recorded at $45.18. S&P 500 has rallied 1.93% during the last 52-weeks.

Lennar Corporation (NYSE:LEN): The stock opened at $48.03 on Tuesday but the bulls could not build on the opening and the stock topped out at $48.18 for the day. The stock traded down to $45.57 during the day, due to lack of any buying support eventually closed down at $46.14 with a loss of -1.11% for the day. The stock had closed at $46.66 on the previous day. The total traded volume was 6,078,457 shares.

Currently the company Insiders own 12.18% of Lennar Corporation shares according to the proxy statements. Institutional Investors own 89.43% of Lennar Corporation shares. On the companys insider trading activities, Hudson Sherrill W, director of Lennar Corp /New/, unloaded 2,500 shares at an average price of $47.54 on April 7, 2016. The total amount of the transaction was worth $118,850, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Lennar Corporation is a real estate company. The Company is a homebuilder, a provider of real estate-related financial services, a commercial real estate investment, investment management and finance company. It operates under Homebuilding Operations, Lennar Financial Services, Rialto and Lennar Multifamily segments. It has grouped its homebuilding activities into five segments: Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston. Its homebuilding operations include the construction and sale of single-family attached and detached homes. Lennar Financial Services offers residential mortgage loan products to buyers of their homes and others. The Rialto segment is a commercial real estate investment, investment management and finance company. The Lennar Multifamily segment focuses on developing a portfolio of multifamily rental properties in select United States markets. It operates under brand name Lennar.

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