Lennar Corporation (LEN) : $15.31 million worth of transactions were on upticks in Lennar Corporation (LEN), compared to $14.07 million on downticks. The ratio between the two was 1.09, whereas, the net money flow stood at a healthy $1.24 million on Fridays session.The block trades show a bullish bias with only $1.17 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $4.6million worth of trades. The up-down ratio between the uptick and downtick was 3.92, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $3.43 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.32%. The stock was trading at $46.56, with a drop of $0.15 over the previous days close. The stock recorded 0.52% for the week.
The company Insiders own 12.18% of Lennar Corporation shares according to the proxy statements. Institutional Investors own 87.51% of Lennar Corporation shares.
In a related news, The Securities and Exchange Commission has divulged that Bolotin Irving, director of Lennar Corp /New/, had unloaded 75,228 shares at an average price of $31.23 in a transaction dated on July 5, 2016. The total value of the transaction was worth $2,349,370.
Lennar Corporation (NYSE:LEN): stock was range-bound between the intraday low of $46.35 and the intraday high of $47.38 after having opened at $46.92 on Fridays session. The stock finally closed in the red at $46.92, a loss of -0.32%. The stock remained in the red for the whole trading day. The total traded volume was 1,870,650 shares. The stock failed to cross $47.38 in Fridays trading. The stocks closing price on Thursday was $46.71.
Lennar Corporation (LEN) has been under a strong bear grip, hence the stock is down -0.38% 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 0.01% in the past 1 week. The stock has risen by 0.52% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.51% in the past 4 weeks.
Lennar Corporation is a real estate company. The Company is a homebuilder, a provider of real estate-related financial services, a commercial real estate investment, investment management and finance company. It operates under Homebuilding Operations, Lennar Financial Services, Rialto and Lennar Multifamily segments. It has grouped its homebuilding activities into five segments: Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston. Its homebuilding operations include the construction and sale of single-family attached and detached homes. Lennar Financial Services offers residential mortgage loan products to buyers of their homes and others. The Rialto segment is a commercial real estate investment, investment management and finance company. The Lennar Multifamily segment focuses on developing a portfolio of multifamily rental properties in select United States markets. It operates under brand name Lennar.