Large Inflow of Money Detected in Lennar Corporation

Lennar Corporation (LEN) : Investors lapped up stocks on upticks to the tune of $2.53 million in the Thursdays trading session. The trading value on downticks was comparatively at $1.76 million and the uptick to downtick ratio of 1.44 indicates continuous buying by the bulls. The net money flow into the stock was $0.77 million. Upticks saw transactions worth $1.55 clearly indicating buying by large investors. The total money flow for block trades stood at $1.55 million, which is a positive for the stock in the long-term. Lennar Corporation (LEN) fell $0.06 during the day at $48.65, a drop of -0.12% over the previous days close. However, for the week, the stock is -1.04%, compared to the previous week.


The stock has recorded a 20-day Moving Average of 4.82% and the 50-Day Moving Average is 6.88%. Shares have dropped -9.27% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $56.04 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $46.17 and the 200 Day Moving Average price is recorded at $44.84.

Lennar Corporation (NYSE:LEN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.18 and $48.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.77, notching a gain of 0.12% for the day. The total traded volume was 1,521,833 . The stock had closed at $48.71 on the previous day.

In an insider trading activity,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.

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