Large Outflow of Money Witnessed in Toll Brothers

Toll Brothers (TOL): The stock had negative money flow to the tune of ($9.97 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $8.76 million, whereas, the outflow of money on downticks was $18.73 million and the ratio between the two was 0.47. The block trade had a negative net money flow of ($9.9 million). The total block trade value undertaken on upticks was $0.91 million. On the other hand, downticks amounted to $10.81 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.08. Toll Brothers (TOL) closed with marginal gains of 10 cents to end the day at $30.72, an increase of 0.33% over the previous days close. The stock recorded -0.07% for the week.


The company Insiders own 10.51% of Toll Brothers shares according to the proxy statements. Institutional Investors own 76.87% of Toll Brothers shares. During last six month period, the net percent change held by insiders has seen a change of -3.06%.

In a related news,The officer (President) of Toll Brothers Inc, Hartman Richard T. sold 18,310 shares at $31.02 on August 30, 2016. The Insider selling transaction had a total value worth of $567,976. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Toll Brothers (NYSE:TOL): The stock opened at $30.82 and touched an intraday high of $31.14 on Friday. During the day, the stock corrected to an intraday low of $30.565, however, the bulls stepped in and pushed the price higher to close in the green at $30.72 with a gain of 0.33% for the day. The total traded volume for the day was 2,471,595. The stock had closed at $30.62 in the previous trading session.

Toll Brothers (TOL) has risen sharply, recording gains of 10.42% in the past 4 weeks. However, the stock has corrected -0.07% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 10.57% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Toll Brothers, Inc., is a property development company. The Company is engaged in designing, building, marketing and arranging finance for detached and attached homes in luxury residential communities. The Company caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in the United States. The Company also builds and sells homes in urban infill markets through Toll City Living community. The Company operates on own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations. The Company also develops, owns and operates golf courses and country clubs, which are associated with planned communities.

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