Legacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson Sells 6,000 Shares

Posted by Clark Linder on Nov 21st, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 6,000 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $25.60, for a total value of $153,600.00. Following the completion of the transaction, the chairman now owns 508,522 shares in the company, valued at approximately $13,018,163.20. This trade represents a 1.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

On Monday, November 18th, Curtis Drew Hodgson sold 11,300 shares of Legacy Housing stock. The shares were sold at an average price of $25.64, for a total transaction of $289,732.00.
On Wednesday, November 13th, Curtis Drew Hodgson sold 500 shares of Legacy Housing stock. The stock was sold at an average price of $27.31, for a total value of $13,655.00.
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 value of $196,889.00.
On Monday, October 28th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was 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 stock was 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 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 stock was 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 shares were sold at an average price of $26.27, for a total value of $13,108.73.

Legacy Housing Price Performance

NASDAQ LEGH traded up $0.31 on Thursday, hitting $25.61. 87,702 shares of the company were exchanged, compared to its average volume of 64,684. The firm has a market capitalization of $618.74 million, a P/E ratio of 11.66 and a beta of 1.09. Legacy Housing Co. has a twelve month low of $19.42 and a twelve month high of $29.31. The company’s 50 day moving average price is $26.62 and its 200-day moving average price is $25.31.

Hedge Funds Weigh In On Legacy Housing

Several institutional investors and hedge funds have recently added to or reduced their stakes in LEGH. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Legacy Housing during the third quarter worth approximately $3,211,000. Cerity Partners LLC grew its holdings in shares of Legacy Housing by 141.3% during the third quarter. Cerity Partners LLC now owns 178,276 shares of the company’s stock worth $4,876,000 after purchasing an additional 104,386 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Legacy Housing by 17.1% in the second quarter. Dimensional Fund Advisors LP now owns 609,217 shares of the company’s stock valued at $13,975,000 after buying an additional 88,921 shares during the last quarter. SG Capital Management LLC acquired a new position in Legacy Housing during the 1st quarter worth about $1,532,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Legacy Housing by 193.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 91,453 shares of the company’s stock worth $2,501,000 after acquiring an additional 60,292 shares during the last quarter. 89.35% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Read Our Latest Report on Legacy Housing

About Legacy Housing

(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.