Lennar Corp /new/ (LEN): Jonathan M Jaffe , Vice President/COO of Lennar Corp /new/ sold 20,000 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 6, 2016 to the Securities and Exchange Commission. The shares were sold at $46.25 per share for a total value of $925,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 8, 2016, Sherrill W Hudson (director) sold 2,500 shares at $47.54 per share price.On Apr 8, 2016, Theron I Gilliam (director) sold 2,091 shares at $47.84 per share price.Also, On Apr 5, 2016, Jonathan M Jaffe (Vice President/COO) sold 20,000 shares at $47.80 per share price.On Apr 4, 2016, Steven L Gerard (director) sold 2,077 shares at $47.87 per share price.
Shares of Lennar Corporation (LEN) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.17% at $46.34 with 24,93,767 shares getting traded. Post opening the session at $46.43, the shares hit an intraday low of $45.39 and an intraday high of $46.5 and the price vacillated in this range throughout the day. The company has a market cap of $10,156 M and the number of outstanding shares has been calculated to be 21,91,56,270 shares. The 52-week high of Lennar Corporation is $56.04 and the 52-week low is $37.14.
Company has been under the radar of several Street Analysts.Lennar Corporation is Initiated by Argus to Buy. The Rating was issued on Jul 5, 2016.Lennar Corporation is Upgraded by Raymond James to Outperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Jun 27, 2016.
Lennar Corporation is a real estate company. The Company is a homebuilder a provider of real estate-related financial services a commercial real estate investment investment management and finance company. It operates under Homebuilding Operations Lennar Financial Services Rialto and Lennar Multifamily segments. It has grouped its homebuilding activities into five segments: Homebuilding East Homebuilding Central Homebuilding West Homebuilding Southeast Florida and Homebuilding Houston. Its homebuilding operations include the construction and sale of single-family attached and detached homes. Lennar Financial Services offers residential mortgage loan products to buyers of their homes and others. The Rialto segment is a commercial real estate investment investment management and finance company. The Lennar Multifamily segment focuses on developing a portfolio of multifamily rental properties in select United States markets. It operates under brand name Lennar.