Large Outflow of Money Witnessed in Wynn Resorts Limited

Wynn Resorts Limited (WYNN) : The total money flow in Wynn Resorts Limited (WYNN) was negative ($16.5 million), which signals selling by the traders on Tuesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $109.16 million. In comparison, the inflow of money into the stock on upticks was $92.66 million. The uptick to downtick ratio was 0.85. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $14.61 million. The value of transactions on uptick was $2.28 million. The negative money flow of ($12.33 million) confirms the selling in Wynn Resorts Limited (WYNN) on strength. The uptick to downtick ratio of block trades was 0.16. Wynn Resorts Limited (WYNN) gained $4.35 at $94.1, a gain of 4.85% over the previous days close. However, the stock registered 2.52% in the week.


The company Insiders own 12.6% of Wynn Resorts Limited shares according to the proxy statements. Institutional Investors own 78.07% of Wynn Resorts Limited shares. In an insider trading activity, Wynn Family Limited Partnershi, CEO of Wynn Resorts Ltd, had purchased 258,523 shares on February 8, 2016. The total value of the transaction was $15,118,425. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Wynn Resorts Ltd. appreciated by 8.31% during the last five trading days but lost 3.93% on a 4-week basis. Wynn Resorts Ltd. has dropped 0.18% during the last 3-month period . Year-to-Date the stock performance stands at 41.12%.

Wynn Resorts Limited (NASDAQ:WYNN): stock turned positive on Tuesday. Though the stock opened at $95.87, the bulls momentum made the stock top out at $96.57 level for the day. The stock recorded a low of $94.51 and closed the trading day at $96.5, in the green by 2.55%. The total traded volume for the day was 2,634,623. The stock had closed at $94.1 in the previous days trading.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts which integrate accommodations and amenities, including fine dining, premium retail offerings, distinctive entertainment and convention facilities. The Company owns 72% of Wynn Macau, Limited, which operates an integrated resort in the Macau Special Administrative Region of the Peoples Republic of China (Macau). Wynn Resorts also owns 100% of and operates an integrated resort in Las Vegas, Nevada. The company operates through two segments: Macau Operations, which includes Wynn Macau and Encore at Wynn Maca, and Las Vegas Operations, which includes Wynn Las Vegas and Encore at Wynn Las Vegas. Its Macau Operations features approximately 284,000 square feet of casino space with 498 table games and 625 slot machines, two hotel towers and others. Its Las Vegas Operations features approximately 186,000 square feet of casino space with 232 table games, 1,849 slot machines, two hotel towers and others.

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