BankUnited (NYSE:BKU) : During the past 4 weeks, traders have been relatively bearish on BankUnited (NYSE:BKU), hence the stock is down -8.6% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.58% relative to the S&P 500. The stock has risen by 0.7% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.13% in the past 4 weeks.
The company shares have dropped -16.98% from its 1 Year high price. On Nov 6, 2015, the shares registered one year high at $39.97 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $31.81 and the 200 Day Moving Average price is recorded at $33.40.
The stock has recorded a 20-day Moving Average of 2.06% and the 50-Day Moving Average is 6.52%.
BankUnited (NYSE:BKU): stock turned positive on Friday. Though the stock opened at $30.08, the bulls momentum made the stock top out at $30.48 level for the day. The stock recorded a low of $29.91 and closed the trading day at $30.36, in the green by 2.33%. The total traded volume for the day was 872,104. The stock had closed at $29.67 in the previous days trading.
In an insider trading activity, The officer (Officer of Subsidiary), of Bankunited, Inc., Starr Jeffrey had unloaded 7,991 shares at $34.73 per share in a transaction on March 8, 2016. The total value of transaction was $277,527. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
BankUnited, Inc. is a bank holding company with one wholly owned subsidiary, BankUnited, National Association, collectively, the Company. BankUnited provides banking services to individual and corporate customers through 100 branches located in approximately 15 Florida counties and around six banking centers in the New York metropolitan area. The Companys lending focus is to serve commercial and middle-market businesses, their executives and consumers with financial products and services. It offers lending products , such as small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal loans and leases, commercial lines of credit, letters of credit, residential mortgages and consumer loans. BankUnited offers deposit products including checking accounts, money market deposit accounts, savings accounts and certificates of deposit with various terms and rates.