Large Outflow of Money Witnessed in Boston Properties

Boston Properties (BXP) : Money flow in the Boston Properties (BXP) stock was negative (7.3 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $24.62 million, compared to $31.93 million on downticks. The total uptick to downtick ratio was 0.77, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($8.56 million), indicating selling on the strength. The transaction value during uptick in block trades was $1.46 million. Downtick transaction value in block trades amounted to $10.01 million, indicating persistent selling. The uptick to downtick ratio was 0.15. Boston Properties (BXP) traded $1.44 higher at $135.97 gaining 1.07% over the previous days close.


The company Insiders own 6.17% of Boston Properties shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 30.68% . Institutional Investors own 97.78% of Boston Properties shares. During last six month period, the net percent change held by insiders has seen a change of 30.68%. In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Boston Properties Inc, Dykstra Karen E had purchased shares worth of $189,735 in a transaction dated on June 14, 2016. A total of 1,500 shares were purchased at a price of $126.49 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Boston Properties Inc. rose by 1.87% in the last five trading days and 6.58% for the last 4 weeks. Boston Properties Inc. is up 5.78% in the last 3-month period. Year-to-Date the stock performance stands at 7.72%.

Boston Properties (NYSE:BXP): stock turned positive on Tuesday. Though the stock opened at $134.44, the bulls momentum made the stock top out at $136.13 level for the day. The stock recorded a low of $133.82 and closed the trading day at $135.97, in the green by 1.07%. The total traded volume for the day was 894,795. The stock had closed at $134.53 in the previous days trading.

Boston Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Companys properties are concentrated in four markets: Boston, New York, San Francisco and Washington, DC. The Company conducts all of its business through its subsidiary, Boston Properties Limited Partnership. The Company considers office/technical properties to be properties that support office, research and development, laboratory and other technical uses. The Company is also engaged in providing resources in acquisitions, development, financing, capital markets, construction management, property management, marketing, leasing, accounting, risk management, tax and legal services.

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