NorthStar Asset Management Group (NYSE:NSAM) has been under a strong bear grip, hence the stock is down -14.91% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.45% in the past 1 week. The stock has risen by 2.75% in the past week indicating that the buyers are active at lower levels, but the stock is down -13.53% in the past 4 weeks.
The company shares have dropped -44.11% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $19.40 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $11.33 and the 200 Day Moving Average price is recorded at $11.47.
The stock has recorded a 20-day Moving Average of 3.38% and the 50-Day Moving Average is 9.7%.
NorthStar Asset Management Group (NYSE:NSAM): stock turned positive on Friday. Though the stock opened at $10.25, the bulls momentum made the stock top out at $10.64 level for the day. The stock recorded a low of $10.24 and closed the trading day at $10.48, in the green by 3.25%. The total traded volume for the day was 2,032,401. The stock had closed at $10.15 in the previous days trading.
In an insider trading activity, Hannaway Judith A, director of Northstar Asset Management Group Inc. had purchased 500 shares on December 11, 2015 in a transaction. The price per share was $11.57 and the total amount of the disclosed transaction was $5,785.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Northstar Asset Management Group Inc. is an asset management company. The Company is focused on managing real estate and other investment platforms in the United States and internationally. The Company owns NorthStar Realty Securities, LLC (NorthStar Securities), which is a captive broker-dealer platform and raises capital in the retail market for its sponsored companies. The Companys sponsored companies include NorthStar Real Estate Income Trust, Inc. (NorthStar Income); NorthStar Healthcare Income, Inc. (North Star Healthcare); NorthStar/RXR New York Metro Income, Inc. ( NorthStar/RXR New York Metro), and NorthStar Corporate Income, Inc. (NorthStar Corporate). The Company also leases its offices in New York; Denver, Colorado; Dallas, Texas; Bethesda, Maryland; London, United Kingdom; Senningerberg, Luxembourg, Los Angeles, California, and Pembroke, Bermuda.