Shares of LGI Homes (LGIH) Sees Large Inflow of Net Money Flow

LGI Homes (LGIH) stock had a bullish inflow of $1.51 million worth of trades on uptick and an outflow of $1.15 million in downticks on Friday. The total uptick to downtick ratio stood at 1.32. The net money flow into the stock was $0.37 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0 million. $0 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, LGI Homes (LGIH) stock traded down $0.29 , and reached $38.3, a drop of -0.75% over the previous day. On a weekly basis, the stock is 7.98%, over the previous weeks close.


The company Insiders own 17.5% of LGI Homes shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.99% . Institutional Investors own 67.24% of LGI Homes shares. During last six month period, the net percent change held by insiders has seen a change of -1.99%.

In a related news,The officer (Chief Marketing Officer) of Lgi Homes, Inc., Eaton Rachel Lyons sold 064 shares at $21.82 on March 16, 2016. The Insider selling transaction had a total value worth of $1,396. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

LGI Homes (NASDAQ:LGIH): stock was range-bound between the intraday low of $38.03 and the intraday high of $38.95 after having opened at $38.81 on Fridays session. The stock finally closed in the red at $38.81, a loss of -0.96%. The stock remained in the red for the whole trading day. The total traded volume was 300,622 shares. The stock failed to cross $38.95 in Fridays trading. The stocks closing price on Thursday was $38.59.

LGI Homes (LGIH) : Traders are bullish on LGI Homes (LGIH) as it has outperformed the S&P 500 by a wide margin of 17.14% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.75% in the last 1 week, and is up 16.99% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

LGI Homes, Inc. is a homebuilder. The Company is engaged in the design, construction, marketing and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina and Colorado. The Companys product offerings include entry-level homes sold under its LGI Homes brand, and its move-up homes, which are sold under Terrata Homes brand. Terrata Homes brand delivers move-in ready homes. It manages its homebuilding operations under four segments: Texas division, Southwest division, Southeast division and Florida division. Its Texas division includes Houston, Dallas/Ft. Worth, San Antonio and Austin operations; Southwest division includes Phoenix, Tucson, Albuquerque and Denver operations; Southeast division includes Atlanta and Charlotte operations, and Florida division includes Tampa, Orlando and Fort Myers operations. It has constructed and closed approximately 8,500 homes. It has a total of around 453 completed homes and 578 homes in progress.

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