Shares of TRI Pointe Group (NYSE:TPH) Sees Large Outflow of Money

TRI Pointe Group (NYSE:TPH) : The value of composite uptick trades was $0.85 million, whereas, the value of composite downtick trades was $4.39 million. The uptick to downtick ratio stood at 0.19 with a negative money flow of ($3.54) Million during Wednesdays trading session. The block trades money flow was negative ($3.55 million). The transaction of the trades on downticks amounted to $3.55 million, which confirms investors selling on the strength of price. TRI Pointe Group (NYSE:TPH) gained 37 cents at $11.77, an increase of 3.25% over the previous days close.


In an insider trading activity,The director officer (Chief Executive Officer) of Tri Pointe Homes, Inc., Bauer Douglas F. sold 80,000 shares at $15.2 on July 1, 2015. The Insider selling transaction had a total value worth of $1,216,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 9.4% of TRI Pointe Group shares according to the proxy statements.

The company shares have dropped -25.29% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $15.70 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $11.56 and the 200 Day Moving Average price is recorded at $11.30. TRI Pointe Group (NYSE:TPH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.60 and $11.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.68, notching a gain of 2.46% for the day. The total traded volume was 1,663,893 . The stock had closed at $11.40 on the previous day.

TRI Pointe Group, Inc., formerly Tri Pointe Homes, Inc., is engaged in the design, construction and sale of single-family homes. The Companys operations are organized into six segments: Maracay, consisting of operations in Arizona; Pardee, consisting of operations in California and Nevada; Quadrant, consisting of operations in Washington; Trendmaker, consisting of operations in Texas; TRI Pointe, consisting of operations in California and Colorado, and Winchester, consisting of operations in Maryland and Virginia. The Company operates approximately 108 communities and 29,718 lots owned or controlled. The Company sells its homes through its own sales representatives and through independent real estate brokers.

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