Shares of D.R. Horton (DHI) Sees Large Outflow of Money

D.R. Horton (DHI) : Net money flow in D.R. Horton (DHI) was negative ($4.96 million) and the inflow of money on uptick was $15.53 million, whereas, the outflow of money on downticks amounted to $20.49 million on Thursday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.76. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $2.64 million. On the other hand, the total value of block trades done on downticks was $8.95 million. The ratio of uptick to downtick block trades was 0.3. The money flow in block trades was negative ($6.31). D.R. Horton (DHI) gained $0.1 cent during the day and reached $34, a gain of 0.29% over the previous day.


The stock has recorded a 20-day Moving Average of 7.35% and the 50-Day Moving Average is 10.46%. Shares have rallied 19.77% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $34.26 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $31.15 and the 200 Day Moving Average price is recorded at $29.32.

D.R. Horton (NYSE:DHI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.15 and $33.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.00, notching a gain of 0.29% for the day. The total traded volume was 3,394,310 . The stock had closed at $33.90 on the previous day.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP and COO) of Horton D R Inc /De/, Murray Michael J had sold 2,944 shares worth of $89,321 in a transaction dated May 2, 2016. In this transaction, 2,944 shares were sold at $30.34 per share.

D.R. Horton, Inc. is a homebuilding company. The Company is engaged in the acquisition and development of land and the construction and sale of residential homes, through its operating divisions in around 27 states and over 79 metropolitan markets of the United States, under the names of D.R. Horton, Americas Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, Crown Communities and Pacific Ridge Homes. The Company operates through two segments: homebuilding and financial services operation. The Company designs, builds and sells single-family detached homes on lots it develops and on fully developed lots purchased ready for home construction. To a lesser extent, the Company builds and sells attached homes, such as town homes, duplexes, triplexes and condominiums. The Company sells land and lots to other developers and homebuilders where it has excess land and lot positions or for other strategic reasons.

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