Robert Earl Jr. Penny Buys 5,000 Shares of United Homes Group, Inc. (NASDAQ:UHG) Stock

Posted by Denise Davis on Dec 14th, 2024

United Homes Group, Inc. (NASDAQ:UHG – Get Free Report) VP Robert Earl Jr. Penny acquired 5,000 shares of the firm’s stock in a transaction on Thursday, December 12th. The shares were bought at an average cost of $4.57 per share, with a total value of $22,850.00. Following the completion of the acquisition, the vice president now owns 6,000 shares in the company, valued at $27,420. This represents a 500.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

United Homes Group Stock Performance

Shares of UHG stock opened at $4.46 on Friday. The stock has a market capitalization of $215.91 million, a price-to-earnings ratio of -7.56 and a beta of 0.68. United Homes Group, Inc. has a one year low of $4.05 and a one year high of $9.48. The company’s 50-day simple moving average is $5.77 and its 200-day simple moving average is $5.89. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.58 and a current ratio of 6.62.

Institutional Trading of United Homes Group

Several institutional investors and hedge funds have recently bought and sold shares of UHG. Stoneridge Investment Partners LLC acquired a new position in shares of United Homes Group in the 3rd quarter worth approximately $298,000. Barclays PLC boosted its holdings in United Homes Group by 260.8% in the third quarter. Barclays PLC now owns 7,500 shares of the company’s stock worth $46,000 after purchasing an additional 5,421 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new stake in United Homes Group during the third quarter valued at $97,000. Institutional investors and hedge funds own 88.85% of the company’s stock.

About United Homes Group

(Get Free Report)

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.