Shares of PulteGroup (NYSE:PHM) Sees Large Outflow of Money

PulteGroup (NYSE:PHM) managed to stay afloat and traded higher with an addition of 0.01 point or 0.05% at $19.1. The money flow data is a negative $(-16.68) million with $9.3 million in upticks and $25.98 million in downticks. The intraday up/down ratio came in at 0.36. The shares have seen 0.26% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0.82 million and the combined worth of the downticks was $16.94, Million, leading to the up/down ratio of 0.05. The block trade saw a net money flow of $(-16.12) million.


The stock has recorded a 20-day Moving Average of 1.35% and the 50-Day Moving Average is 3.16%. The company shares have dropped 6.01% in the past 52 Weeks. On August 18, 2015 The shares registered one year high of $22.1 and one year low was seen on January 20, 2016 at $14.61. The 50-day moving average is $18.58 and the 200 day moving average is recorded at $17.79. S&P 500 has rallied 1.93% during the last 52-weeks.

PulteGroup (NYSE:PHM): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.28 and $18.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.10, notching a gain of 0.05% for the day. The total traded volume was 6,572,410 . The stock had closed at $19.09 on the previous day.

Currently the company Insiders own 1.83% of PulteGroup shares according to the proxy statements. Institutional Investors own 85.97% of PulteGroup shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Pultegroup Inc/Mi/, Blair Bryce, had purchased 5,479 shares in a transaction dated on May 3, 2016. The transaction was executed at $18.18 per share with total amount equaling $99,608.

PulteGroup, Inc. (PulteGroup) is a homebuilder operating in the United States. The Companys subsidiaries engage in the homebuilding business. The Company also offers mortgage banking operations through Pulte Mortgage LLC (Pulte Mortgage) and title operations. It offers a variety of home designs, including single-family detached, townhouses, condominiums and duplexes. It has delivered approximately 640,000 homes. It operates in approximately 49 markets located throughout 26 states. The Company operates through its Homebuilding and Financial Services segments. The Companys Homebuilding Operations include the acquisition and development of land for residential purposes within the United States and the construction of housing on such land. The Financial Services operations consist of mortgage banking and title operations.

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