Lennar Corporation (LEN) : The money flow analysis of Lennar Corporation (LEN) indicates a $9.25 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $14.15 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.53 and so was the total money flow at $4.89 million. The bulls lapped up $5.34 million worth of block trades on upticks. The money flow was $5.34 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Lennar Corporation (LEN), pushing it down by -0.33% for the day. The stock slid $0.16 and traded at $48.69 during the day. Nonetheless, the stock is 0.08% over the previous weeks close.
Lennar Corporation (LEN) : Average target price received by Lennar Corporation (LEN) is $53.29 with an expected standard deviation of $3.3. The most aggressive target on the stock is $60, whereas the most downbeat target is $49. 7 financial analysts are currently covering the stock.
Lennar Corporation (NYSE:LEN): On Fridays trading session , Opening price of the stock was $48.89 with an intraday high of $49.1. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $48.08. However, the stock managed to close at $48.69, a loss of 0.33% for the day. On the previous day, the stock had closed at $48.85. The total traded volume of the day was 1,427,121 shares.
In a related news,The officer (Vice President/COO) of Lennar Corp /New/, Jaffe Jonathan M sold 20,000 shares at $46.25 on July 1, 2016. The Insider selling transaction had a total value worth of $925,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.