Legacy Housing Co. (NASDAQ:LEGH) Chairman Sells $289,732.00 in Stock

Posted by Cindy Kellogue on Nov 21st, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 11,300 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $25.64, for a total transaction of $289,732.00. Following the completion of the transaction, the chairman now owns 514,522 shares of the company’s stock, valued at approximately $13,192,344.08. This represents a 2.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

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 shares were sold at an average price of $27.52, for a total value of $447,695.36.
On Monday, November 4th, Curtis Drew Hodgson sold 7,700 shares of Legacy Housing stock. The stock was 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 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 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 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 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.
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.

Legacy Housing Trading Up 0.4 %

NASDAQ LEGH opened at $25.30 on Thursday. The company has a 50 day moving average of $26.64 and a 200-day moving average of $25.31. Legacy Housing Co. has a 1-year low of $19.42 and a 1-year high of $29.31. The company has a market cap of $611.25 million, a price-to-earnings ratio of 11.66 and a beta of 1.09.

Analyst Ratings Changes

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

View Our Latest Research Report on LEGH

Institutional Investors Weigh In On Legacy Housing

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Capital Management LLC acquired a new position in Legacy Housing during the 1st quarter worth about $1,532,000. Vanguard Group Inc. raised its holdings in shares of Legacy Housing by 5.2% during the first quarter. Vanguard Group Inc. now owns 441,383 shares of the company’s stock valued at $9,499,000 after purchasing an additional 21,995 shares during the period. Progeny 3 Inc. acquired a new stake in Legacy Housing in the second quarter valued at approximately $1,019,000. Renaissance Technologies LLC increased its stake in Legacy Housing by 161.0% during the 2nd quarter. Renaissance Technologies LLC now owns 40,200 shares of the company’s stock valued at $922,000 after purchasing an additional 24,800 shares in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Legacy Housing in the 3rd quarter worth about $365,000. 89.35% of the stock is owned by institutional investors.

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.