Large Outflow of Money Witnessed in American Campus Communities Inc

American Campus Communities Inc (ACC) : The value of composite uptick trades was $4.37 million, whereas, the value of composite downtick trades was $7.65 million. The uptick to downtick ratio stood at 0.57 with a negative money flow of ($3.28) Million during Fridays trading session. The block trades money flow was negative ($3.35 million).The uptick to the downtick ratio of 0.23 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.97 million. The transaction of the trades on downticks amounted to $4.32 million, which confirms investors selling on the strength of price. American Campus Communities Inc (ACC) gained 44 cents at $50.94, an increase of 0.87% over the previous days close.


The company Insiders own 0.65% of American Campus Communities Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.45% . During last six month period, the net percent change held by insiders has seen a change of -11.24%.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP PublicPrivate Transactions) of American Campus Communities Inc, Wilhelm James E Iii had sold 9,828 shares worth of $518,525 in a transaction dated August 8, 2016. In this transaction, 9,828 shares were sold at $52.76 per share.

American Campus Communities Inc (NYSE:ACC): The stock opened at $50.74 and touched an intraday high of $51.38 on Friday. During the day, the stock corrected to an intraday low of $50.67, however, the bulls stepped in and pushed the price higher to close in the green at $50.98 with a gain of 0.95% for the day. The total traded volume for the day was 720,244. The stock had closed at $50.5 in the previous trading session.

American Campus Communities Inc (ACC) has been under a strong bear grip, hence the stock is down -3.77% 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 2.08% in the past 1 week. The stock has risen by 2.6% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.9% in the past 4 weeks.

American Campus Communities, Inc. is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns, manages and develops student housing properties in the United States in terms of beds owned and under management. It is a self-managed and self-administered equity REIT engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Companys total owned and third-party managed portfolio includes approximately 204 properties with 130,700 beds in 44,300 units. Its property portfolio consists of approximately 145 owned off-campus student housing properties. It operates under four segments: Wholly-Owned Properties, On-Campus Participating Properties, Development Services and Property Management Services.

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