Shares of KB Home (KBH) Sees Large Inflow of Net Money Flow

KB Home (KBH) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $3.26 million worth of transactions were on upticks, whereas, the downticks accounted for $2.24 million worth of transactions. The net money flow was a positive $1.02 million and the uptick to downtick ratio was 1.46. The net money flow into the stock was $0.91 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.91 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. KB Home (KBH) was trading at $16.38, down $0.04 during day. The stock slid -0.24% over the previous days close. For the week, the stock recorded -0.3% over the previous weeks close.


KB Home (KBH) stock is expected to deviate a maximum of $2.15 from the average target price of $14.58 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $18 and the most muted being $13.

KB Home (NYSE:KBH): On Fridays trading session , Opening price of the stock was $16.43 with an intraday high of $16.47. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.18. However, the stock managed to close at $16.36, a loss of 0.37% for the day. On the previous day, the stock had closed at $16.42. The total traded volume of the day was 1,530,487 shares.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (EVP, Strategic Operations) of Kb Home, Franklin Nicholas S had purchased shares worth of $73,800 in a transaction dated on April 27, 2015. A total of 5,000 shares were purchased at a price of $14.76 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

KB Home is a homebuilding company that constructs and sells homes through its operating divisions under the name KB Home. The Company operates through five operating segments, which includes four homebuilding segments and one financial services segment. The Companys homebuilding operations are organized into four segments: West Coast, Southwest, Central and Southeast. The Company delivered approximately 7,215 homes through its four homebuilding segments. The Companys financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers. The Company also provides title services in the majority of its markets located within Central and Southeast homebuilding reporting segments. This segment also offers mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through Home Community Mortgage, LLC (HCM).

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