Legacy Housing Co. (NASDAQ:LEGH – Get Ranking) EVP Kenneth E. Shipley offered 4,205 shares of the inventory in a transaction on Wednesday, April fifth. The shares had been offered at a median worth of $22.21, for a complete worth of $93,393.05. Following the completion of the sale, the manager vice chairman now owns 3,050,462 shares of the corporate’s inventory, valued at $67,750,761.02. The sale was disclosed in a submitting with the SEC, which is on the market at this hyperlink.
Legacy Housing Inventory Down 2.0 %
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Shares of LEGH inventory traded down $0.43 throughout buying and selling hours on Friday, hitting $21.43. 22,888 shares of the corporate had been exchanged, in comparison with its common quantity of 39,137. The corporate has a debt-to-equity ratio of 0.01, a fast ratio of 1.81 and a present ratio of two.58. Legacy Housing Co. has a one yr low of $11.96 and a one yr excessive of $23.33. The enterprise’s 50-day easy transferring common is $20.69 and its two-hundred day easy transferring common is $18.88. The inventory has a market capitalization of $522.46 million, a price-to-earnings ratio of seven.82 and a beta of 0.80.
Hedge Funds Weigh In On Legacy Housing
Giant traders have not too long ago purchased and offered shares of the enterprise. Barclays PLC lifted its holdings in Legacy Housing by 264.8% within the fourth quarter. Barclays PLC now owns 2,349 shares of the corporate’s inventory value $45,000 after buying a further 1,705 shares over the last quarter. Capital Impression Advisors LLC elevated its stake in shares of Legacy Housing by 48.8% within the third quarter. Capital Impression Advisors LLC now owns 2,439 shares of the corporate’s inventory valued at $41,000 after buying a further 800 shares throughout the interval. BNP Paribas Arbitrage SA elevated its stake in shares of Legacy Housing by 102.5% within the second quarter. BNP Paribas Arbitrage SA now owns 2,703 shares of the corporate’s inventory valued at $35,000 after buying a further 1,368 shares throughout the interval. UBS Group AG elevated its stake in shares of Legacy Housing by 681.7% within the fourth quarter. UBS Group AG now owns 2,736 shares of the corporate’s inventory valued at $52,000 after buying a further 2,386 shares throughout the interval. Lastly, Allspring International Investments Holdings LLC acquired a brand new place in shares of Legacy Housing throughout the third quarter valued at roughly $51,000. Institutional traders personal 21.57% of the corporate’s inventory.
Wall Avenue Analysts Forecast Development
Individually, B. Riley elevated their worth goal on Legacy Housing from $18.00 to $23.00 in a report on Monday, March twentieth.
About Legacy Housing
Legacy Housing Corp. engages within the promoting, constructing, and financing manufactured properties and tiny homes which might be distributed via a community of unbiased retailers and company-owned shops and are offered on to manufactured residence communities. Its merchandise embrace tiny properties, singlewide, doublewide, the last word residence, oilfield/workforce, and park housing.
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