Shares of Toll Brothers (NYSE:TOL) Sees Large Outflow of Money

Toll Brothers (NYSE:TOL) : Money flow in the Toll Brothers (NYSE:TOL) stock was negative (6.43 million) on Wednesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $13.14 million, compared to $19.57 million on downticks. The total uptick to downtick ratio was 0.67, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($6.57 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.77 million. Downtick transaction value in block trades amounted to $7.35 million, indicating persistent selling. The uptick to downtick ratio was 0.11. Toll Brothers (NYSE:TOL) traded $0.48 higher at $26.59 gaining 1.84% over the previous days close.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Toll Brothers Inc, Marbach Carl B had sold 3,000 shares worth of $87,360 in a transaction dated May 26, 2016. In this transaction, 3,000 shares were sold at $29.12 per share. Currently the company Insiders own 10.51% of Toll Brothers shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.06% . Institutional Investors own 80.59% of Toll Brothers shares. During last six month period, the net percent change held by insiders has seen a change of -3.06%.

The company shares have dropped -32.18% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $42.19 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $27.82 and the 200 Day Moving Average price is recorded at $28.58. Toll Brothers (NYSE:TOL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.55 and $26.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.66. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.59, notching a gain of 1.84% for the day. The total traded volume was 4,028,668 . The stock had closed at $26.11 on the previous day.

Toll Brothers, Inc., is a property development company. The Company is engaged in designing, building, marketing and arranging finance for detached and attached homes in luxury residential communities. The Company caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in the United States. The Company also builds and sells homes in urban infill markets through Toll City Living community. The Company operates on own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations. The Company also develops, owns and operates golf courses and country clubs, which are associated with planned communities.

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