Legacy Housing Co. (NASDAQ:LEGH) Chairman Sells $13,655.00 in Stock

Posted by James Quigley on Nov 14th, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 500 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $27.31, for a total transaction of $13,655.00. Following the transaction, the chairman now owns 525,822 shares in the company, valued at $14,360,198.82. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Curtis Drew Hodgson also recently made the following trade(s):

On Monday, November 11th, Curtis Drew Hodgson sold 16,268 shares of Legacy Housing stock. The stock was sold at an average price of $27.52, for a total transaction of $447,695.36.
On Monday, November 4th, Curtis Drew Hodgson sold 7,700 shares of Legacy Housing stock. The shares were sold at an average price of $25.57, for a total transaction of $196,889.00.
On Monday, October 28th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $25.20, for a total value of $435,960.00.
On Monday, October 21st, Curtis Drew Hodgson sold 1,300 shares of Legacy Housing stock. The shares were sold at an average price of $27.02, for a total value of $35,126.00.
On Monday, October 14th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $26.42, for a total transaction of $457,066.00.
On Friday, October 11th, Curtis Drew Hodgson sold 9,180 shares of Legacy Housing stock. The shares were sold at an average price of $26.27, for a total value of $241,158.60.
On Wednesday, October 9th, Curtis Drew Hodgson sold 5,288 shares of Legacy Housing stock. The stock was sold at an average price of $26.29, for a total transaction of $139,021.52.
On Monday, October 7th, Curtis Drew Hodgson sold 499 shares of Legacy Housing stock. The stock was sold at an average price of $26.27, for a total value of $13,108.73.
On Monday, September 30th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $27.27, for a total transaction of $471,771.00.
On Friday, September 27th, Curtis Drew Hodgson sold 1,311 shares of Legacy Housing stock. The shares were sold at an average price of $27.71, for a total transaction of $36,327.81.

Legacy Housing Stock Down 2.4 %

Shares of LEGH traded down $0.64 during midday trading on Wednesday, reaching $26.24. 50,627 shares of the stock were exchanged, compared to its average volume of 64,220. The firm has a 50 day simple moving average of $26.68 and a 200-day simple moving average of $25.14. Legacy Housing Co. has a 12-month low of $19.42 and a 12-month high of $29.31. The company has a market cap of $633.96 million, a price-to-earnings ratio of 12.09 and a beta of 1.09. The company has a quick ratio of 3.41, a current ratio of 4.39 and a debt-to-equity ratio of 0.03.

Legacy Housing (NASDAQ:LEGH – Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). Legacy Housing had a net margin of 33.11% and a return on equity of 12.04%. The company had revenue of $44.27 million for the quarter, compared to analyst estimates of $51.14 million. Research analysts forecast that Legacy Housing Co. will post 2.55 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Wedbush restated an “outperform” rating and set a $29.00 target price on shares of Legacy Housing in a research note on Friday, August 9th. B. Riley restated a “neutral” rating and set a $29.00 price objective (up from $25.00) on shares of Legacy Housing in a research note on Monday, August 12th.

View Our Latest Research Report on LEGH

Institutional Trading of Legacy Housing

Several hedge funds and other institutional investors have recently bought and sold shares of LEGH. Innealta Capital LLC bought a new stake in Legacy Housing in the second quarter valued at about $28,000. EntryPoint Capital LLC acquired a new position in Legacy Housing during the first quarter worth $45,000. SG Americas Securities LLC bought a new position in shares of Legacy Housing during the third quarter valued at $121,000. BNP Paribas Financial Markets boosted its stake in shares of Legacy Housing by 79.0% in the 1st quarter. BNP Paribas Financial Markets now owns 5,708 shares of the company’s stock valued at $123,000 after purchasing an additional 2,520 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of Legacy Housing in the 1st quarter worth about $245,000. 89.35% of the stock is currently owned by institutional investors and hedge funds.

Legacy Housing Company Profile

(Get Free Report)

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.