Large Outflow of Money Witnessed in SL Green Realty Corporation

Shares of SL Green Realty Corporation (NYSE:SLG) traded 0.34 points or 0.34% higher at $100.2.The total intraday money flow for the shares came in at a disappointing $(-5.41) million. The total upticks amounted to $5.45 million and the total downticks were approximately $10.86 million, with the up/down ratio of 0.5. On a different note, the shares have seen 0.23% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $6.08 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-6.08) million.

Shares of SL Green Realty Corp. rose by 0.35% in the last five trading days and 1.04% for the last 4 weeks. SL Green Realty Corp. is up 6.69% in the last 3-month period. Year-to-Date the stock performance stands at -10.52%.

Currently the company Insiders own 3.09% of SL Green Realty Corporation shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -68.78%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Sl Green Realty Corp, Levy John S had sold 12,000 shares worth of $1,264,680 in a transaction dated April 25, 2016. In this transaction, 12,000 shares were sold at $105.39 per share.

SL Green Realty Corporation (NYSE:SLG) rose 0.46% or 0.46 points on Friday and made its way into the gainers of the day. After trading began at $99.76 the stock was seen hitting $100.42 as a peak level and $99.26 as the lowest level. The stock ended up at $100.32. The daily volume was measured at 741,761 shares. The 52-week high of the share price is $121.94 and the 52-week low is $80.12. The company has a market cap of $10,056 million.

SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. It operates two segments: real estate and debt and preferred equity investments. The Company owns interests in commercial office properties in the New York Metropolitan area, primarily in midtown Manhattan. The Company also manages an approximately 336,201 square foot office building owned by a third party and held debt and preferred equity investments with a book value of approximately $1.4 billion. The Company also invests in well-collateralized debt and preferred equity investments.

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