Legacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson Sells 500 Shares of Stock

Posted by Sean Solarzano on Nov 14th, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 500 shares of Legacy Housing stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $27.31, for a total value of $13,655.00. Following the completion of the transaction, the chairman now owns 525,822 shares in the company, valued at approximately $14,360,198.82. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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 shares were 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 value 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 transaction 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 shares were 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 stock was sold at an average price of $26.27, for a total transaction of $241,158.60.
On Wednesday, October 9th, Curtis Drew Hodgson sold 5,288 shares of Legacy Housing stock. The shares were sold at an average price of $26.29, for a total value 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 value of $471,771.00.
On Friday, September 27th, Curtis Drew Hodgson sold 1,311 shares of Legacy Housing stock. The stock was sold at an average price of $27.71, for a total value of $36,327.81.

Legacy Housing Stock Performance

Legacy Housing stock opened at $26.24 on Thursday. Legacy Housing Co. has a fifty-two week low of $19.42 and a fifty-two week high of $29.31. The firm’s fifty day moving average price is $26.68 and its 200-day moving average price is $25.14. The stock has a market cap of $633.91 million, a P/E ratio of 12.09 and a beta of 1.09. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.41 and a current ratio of 4.39.

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

Hedge Funds Weigh In On Legacy Housing

Institutional investors and hedge funds have recently bought and sold shares of the stock. Innealta Capital LLC bought a new stake in Legacy Housing during the 2nd quarter valued at $28,000. EntryPoint Capital LLC bought a new position in Legacy Housing in the 1st quarter worth $45,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Legacy Housing in the 3rd quarter worth about $85,000. SG Americas Securities LLC bought a new stake in shares of Legacy Housing during the 3rd quarter valued at about $121,000. Finally, BNP Paribas Financial Markets increased its position in shares of Legacy Housing by 79.0% during the first quarter. BNP Paribas Financial Markets now owns 5,708 shares of the company’s stock valued at $123,000 after buying an additional 2,520 shares during the period. 89.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LEGH. Wedbush restated an “outperform” rating and set a $29.00 price target on shares of Legacy Housing in a research note on Friday, August 9th. B. Riley reaffirmed a “neutral” rating and issued a $29.00 price target (up previously from $25.00) on shares of Legacy Housing in a report on Monday, August 12th.

Read Our Latest Report on LEGH

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.