PulteGroup (PHM) : The total money flow in PulteGroup (PHM) was negative ($11.91 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $37.76 million. Transactions on upticks were comparatively lower at $25.85 million. The uptick to downtick ratio was 0.68. The total block trades done on upticks were valued at $6.58 million. The total block trades on downticks were valued at $19.23 million. The uptick to the downtick ratio of block trades was 0.34. The money flow during block trades was negative ($12.64 million) when the stock traded with a gain of $34 cent. PulteGroup (PHM) was $21.85, an increase of 1.58% over the previous days close.
PulteGroup (PHM) : The most positive equity analysts on PulteGroup (PHM) expects the shares to touch $25, whereas, the least positive believes that the stock will trade at $18 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $20.14 with an expected fluctuation of $2.61 from the mean.
PulteGroup (NYSE:PHM): stock turned positive on Friday. Though the stock opened at $21.79, the bulls momentum made the stock top out at $22.05 level for the day. The stock recorded a low of $21.4 and closed the trading day at $21.85, in the green by 1.58%. The total traded volume for the day was 9,533,226. The stock had closed at $21.51 in the previous days trading.
In a related news,The officer (VP Finance & Controller) of Pultegroup Inc/Mi/, Ossowski James L sold 10,000 shares at $20 on July 7, 2016. The Insider selling transaction had a total value worth of $200,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.