Shares of Essex Property Trust (ESS) Sees Large Inflow of Net Money Flow

Essex Property Trust (ESS) : On Tuesday, The money flowed into the Essex Property Trust (ESS) stock with an uptick to downtick ratio was recorded at 1.3. Transactions worth $5.32 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $4.09 million. The total money flow into the stock was $1.23 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $0.1 million of block transactions on upticks. The total money flow in block trades was $0.1 million. In terms of price action, Essex Property Trust (ESS) traded down $0.66 during the session at $230.67. Compared to the previous days closing, the stock was down only by -0.29%. For the week, the stock is -0.29%, over previous weeks closing.


The company Insiders own 3.5% of Essex Property Trust shares according to the proxy statements. Institutional Investors own 97.29% of Essex Property Trust shares. In an insider trading activity, The Securities and Exchange Commission has divulged that Schall Michael J, officer (President and CEO) of Essex Property Trust Inc, had unloaded 10,000 shares at an average price of $225.03 in a transaction dated on July 5, 2016. The total value of the transaction was worth $2,250,300.

Shares of Essex Property Trust Inc. rose by 0.37% in the last five trading days and 11.68% for the last 4 weeks. Essex Property Trust Inc. is up 2.24% in the last 3-month period. Year-to-Date the stock performance stands at -1.66%.

Essex Property Trust (NYSE:ESS): stock turned positive on Tuesday. Though the stock opened at $231.74, the bulls momentum made the stock top out at $233.02 level for the day. The stock recorded a low of $229.95 and closed the trading day at $232.07, in the green by 0.32%. The total traded volume for the day was 326,874. The stock had closed at $231.33 in the previous days trading.

Essex Property Trust, Inc. (Essex) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of apartment communities. As of December 31, 2014, the Company owned or held an interest in 239 communities, aggregating 57,455 units, located along the West Coast, as well as four commercial buildings (totaling approximately 325,200 square feet), and 12 active development projects with 2,920 units in various stages of development. The Companys apartment communities are located in Southern California, which include Los Angeles, Orange, Riverside, San Diego, Santa Barbara, and Ventura counties; Northern California, which include the San Francisco Bay Area, and Seattle Metro, which include Seattle metropolitan area.

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