Legacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson Sells 1,749 Shares of Stock

Legacy Housing Co. (NASDAQ:LEGHGet Rating) Chairman Curtis Drew Hodgson sold 1,749 shares of Legacy Housing stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $20.32, for a total transaction of $35,539.68. Following the sale, the chairman now owns 1,681,837 shares of the company’s stock, valued at $34,174,927.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, January 9th, Curtis Drew Hodgson sold 17,907 shares of Legacy Housing stock. The shares were sold at an average price of $18.84, for a total transaction of $337,367.88.
  • On Tuesday, January 3rd, Curtis Drew Hodgson sold 14,568 shares of Legacy Housing stock. The shares were sold at an average price of $18.67, for a total transaction of $271,984.56.
  • On Thursday, December 1st, Curtis Drew Hodgson sold 1,920 shares of Legacy Housing stock. The shares were sold at an average price of $17.65, for a total transaction of $33,888.00.
  • On Monday, November 28th, Curtis Drew Hodgson sold 3,102 shares of Legacy Housing stock. The shares were sold at an average price of $17.78, for a total transaction of $55,153.56.
  • On Monday, November 21st, Curtis Drew Hodgson sold 14,812 shares of Legacy Housing stock. The shares were sold at an average price of $16.88, for a total transaction of $250,026.56.
  • On Monday, November 14th, Curtis Drew Hodgson sold 14,812 shares of Legacy Housing stock. The shares were sold at an average price of $17.06, for a total transaction of $252,692.72.
  • On Wednesday, November 9th, Curtis Drew Hodgson sold 14,116 shares of Legacy Housing stock. The shares were sold at an average price of $17.24, for a total transaction of $243,359.84.
  • On Monday, November 7th, Curtis Drew Hodgson sold 696 shares of Legacy Housing stock. The shares were sold at an average price of $17.25, for a total transaction of $12,006.00.
  • On Monday, October 31st, Curtis Drew Hodgson sold 14,812 shares of Legacy Housing stock. The shares were sold at an average price of $18.26, for a total transaction of $270,467.12.

Legacy Housing Stock Down 2.2 %

NASDAQ LEGH opened at $19.09 on Friday. Legacy Housing Co. has a 52 week low of $11.96 and a 52 week high of $27.79. The stock has a market capitalization of $465.91 million, a PE ratio of 7.70 and a beta of 0.78. The firm has a 50 day moving average of $18.31 and a two-hundred day moving average of $17.00.

Legacy Housing (NASDAQ:LEGHGet Rating) last posted its quarterly earnings results on Tuesday, November 8th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.52 by $0.06. The company had revenue of $57.33 million during the quarter, compared to analysts’ expectations of $54.42 million. Legacy Housing had a net margin of 26.40% and a return on equity of 18.33%. On average, equities research analysts expect that Legacy Housing Co. will post 2.46 earnings per share for the current fiscal year.

Institutional Trading of Legacy Housing

Several institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp lifted its position in shares of Legacy Housing by 6.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 48,258 shares of the company’s stock worth $827,000 after buying an additional 3,064 shares during the last quarter. Capital Impact Advisors LLC raised its position in Legacy Housing by 48.8% in the 3rd quarter. Capital Impact Advisors LLC now owns 2,439 shares of the company’s stock valued at $41,000 after purchasing an additional 800 shares during the last quarter. BNP Paribas Arbitrage SNC raised its position in Legacy Housing by 54.8% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 4,183 shares of the company’s stock valued at $72,000 after purchasing an additional 1,480 shares during the last quarter. Two Sigma Advisers LP raised its position in Legacy Housing by 1.5% in the 3rd quarter. Two Sigma Advisers LP now owns 41,600 shares of the company’s stock valued at $713,000 after purchasing an additional 600 shares during the last quarter. Finally, Marshall Wace LLP raised its position in Legacy Housing by 258.7% in the 3rd quarter. Marshall Wace LLP now owns 56,909 shares of the company’s stock valued at $976,000 after purchasing an additional 41,044 shares during the last quarter. Hedge funds and other institutional investors own 21.57% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Lake Street Capital boosted their price target on shares of Legacy Housing from $34.00 to $36.00 in a report on Monday, September 26th.

About Legacy Housing

(Get Rating)

Legacy Housing Corp. engages in the selling, building, and financing manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured home communities. Its products include tiny homes, singlewide, doublewide, the ultimate home, oilfield/workforce, and park housing.

See Also

Insider Buying and Selling by Quarter for Legacy Housing (NASDAQ:LEGH)

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