Legacy Housing Co. (NASDAQ:LEGH – Get Score) main shareholder Douglas M. Shipley offered 5,755 shares of the enterprise’s inventory in a transaction dated Wednesday, March twenty second. The inventory was offered at a mean worth of $21.43, for a complete worth of $123,329.65. Following the transaction, the insider now straight owns 3,041,714 shares of the corporate’s inventory, valued at $65,183,931.02. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible by this hyperlink. Main shareholders that personal at the least 10% of an organization’s inventory are required to reveal their gross sales and purchases with the SEC.
Legacy Housing Inventory Efficiency
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Shares of LEGH inventory traded up $0.34 throughout buying and selling hours on Friday, hitting $21.34. The inventory had a buying and selling quantity of 32,494 shares, in comparison with its common quantity of fifty,419. The agency has a market capitalization of $520.27 million, a PE ratio of seven.79 and a beta of 0.78. Legacy Housing Co. has a twelve month low of $11.96 and a twelve month excessive of $23.89. The inventory’s 50 day shifting common is $20.21 and its 200 day shifting common is $18.52. The corporate has a debt-to-equity ratio of 0.01, a present ratio of two.58 and a fast ratio of 1.81.
Wall Road Analysts Forecast Progress
Individually, B. Riley upped their worth goal on Legacy Housing from $18.00 to $23.00 in a report on Monday.
Institutional Buyers Weigh In On Legacy Housing
A number of giant traders have not too long ago modified their holdings of the inventory. Two Sigma Advisers LP raised its place in Legacy Housing by 1.5% within the third quarter. Two Sigma Advisers LP now owns 41,600 shares of the corporate’s inventory price $713,000 after buying a further 600 shares within the final quarter. Capital Affect Advisors LLC raised its place in Legacy Housing by 48.8% within the third quarter. Capital Affect Advisors LLC now owns 2,439 shares of the corporate’s inventory price $41,000 after buying a further 800 shares within the final quarter. Charles Schwab Funding Administration Inc. raised its place in Legacy Housing by 4.0% within the fourth quarter. Charles Schwab Funding Administration Inc. now owns 22,803 shares of the corporate’s inventory price $432,000 after buying a further 876 shares within the final quarter. BNP Paribas Arbitrage SA raised its place in Legacy Housing by 102.5% within the second quarter. BNP Paribas Arbitrage SA now owns 2,703 shares of the corporate’s inventory price $35,000 after buying a further 1,368 shares within the final quarter. Lastly, BNP Paribas Arbitrage SNC raised its place in Legacy Housing by 54.8% within the third quarter. BNP Paribas Arbitrage SNC now owns 4,183 shares of the corporate’s inventory price $72,000 after buying a further 1,480 shares within the final quarter. Hedge funds and different institutional traders personal 21.57% of the corporate’s inventory.
About Legacy Housing
(Get Score)
Legacy Housing Corp. engages within the promoting, constructing, and financing manufactured houses and tiny homes which might be distributed by a community of impartial retailers and company-owned shops and are offered on to manufactured house communities. Its merchandise embrace tiny houses, singlewide, doublewide, the last word house, oilfield/workforce, and park housing.
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