Shares of Sun Communities (SUI) Sees Large Inflow of Net Money Flow

Sun Communities (SUI) : $11.64 million worth of transactions were on upticks in Sun Communities (SUI), compared to $10.42 million on downticks. The ratio between the two was 1.12, whereas, the net money flow stood at a healthy $1.22 million on Tuesdays session.The block trades show a bullish bias with only $2.1 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $2.45million worth of trades. The up-down ratio between the uptick and downtick was 1.17, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $0.35 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -1.42%. The stock was trading at $76.23, with a drop of $1.1 over the previous days close. The stock recorded -1.69% for the week.


The company Insiders own 5.14% of Sun Communities shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.57% . Institutional Investors own 95.04% of Sun Communities shares. During last six month period, the net percent change held by insiders has seen a change of -8.57%. In an insider trading activity,The Director Officer (Chrmn And Ceo) of SUN COMMUNITIES INC, Shiffman Gary A sold 18,371 shares at $76.48 on June 30, 2016. The Insider selling transaction had a total value worth of $1,405,014. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Sun Communities Inc. has dropped 1.77% in the last five trading days, however, the shares have posted positive gains of 10.21% in the last 4 weeks. Sun Communities Inc. is up 7.74% in the last 3-month period. Year-to-Date the stock performance stands at 12.88%.

Sun Communities (NYSE:SUI): On Tuesdays trading session , Opening price of the stock was $77.27 with an intraday high of $77.47. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $75.74. However, the stock managed to close at $75.95, a loss of 1.78% for the day. On the previous day, the stock had closed at $77.33. The total traded volume of the day was 1,054,684 shares.

Sun Communities, Inc. (SHS) is a self-administered and self-managed real estate investment trust (REIT). The Company operates in two segments: Real Property Operations, and Home Sales and Rentals. The Real Property Operations segment owns, operates and develops manufactured housing (MH) and recreational vehicle (RV) throughout the United States and is in the business of acquiring, operating and expanding MH and RV communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. The Company owns and operates a portfolio of around 217 properties located in 29 states throughout the United States, including 183 MH communities, 25 RV communities and nine properties containing both MH and RV sites.

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