Large Inflow of Money Detected in PulteGroup

PulteGroup (PHM) stock had a bullish inflow of $1.33 million worth of trades on uptick and an outflow of $0.54 million in downticks on Thursday. The total uptick to downtick ratio stood at 2.44. The net money flow into the stock was $0.78 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.83 million. $0.83 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, PulteGroup (PHM) stock traded down $0.03 , and reached $20.4, a drop of -0.15% over the previous day. On a weekly basis, the stock is -0.39%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 5.46% and the 50-Day Moving Average is 8.3%. Shares have dropped -2.30% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $22.10 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $19.05 and the 200 Day Moving Average price is recorded at $17.91.

PulteGroup (NYSE:PHM): The stock opened at $20.54 on Thursday but the bulls could not build on the opening and the stock topped out at $20.65 for the day. The stock traded down to $20.35 during the day, due to lack of any buying support eventually closed down at $20.37 with a loss of -0.29% for the day. The stock had closed at $20.43 on the previous day. The total traded volume was 2,219,633 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Exec. Vice President-HR) of Pultegroup Inc/Mi/, Ellinghausen James R had sold 100,000 shares worth of $2,025,000 in a transaction dated July 7, 2016. In this transaction, 100,000 shares were sold at $20.25 per share.

PulteGroup, Inc. (PulteGroup) is a homebuilder operating in the United States. The Companys subsidiaries engage in the homebuilding business. The Company also offers mortgage banking operations through Pulte Mortgage LLC (Pulte Mortgage) and title operations. It offers a variety of home designs, including single-family detached, townhouses, condominiums and duplexes. It has delivered approximately 640,000 homes. It operates in approximately 49 markets located throughout 26 states. The Company operates through its Homebuilding and Financial Services segments. The Companys Homebuilding Operations include the acquisition and development of land for residential purposes within the United States and the construction of housing on such land. The Financial Services operations consist of mortgage banking and title operations.

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