Mutual of America Capital Management LLC Has $470,000 Stock Holdings in Cavco Industries, Inc. (NASDAQ:CVCO)

Mutual of America Capital Management LLC cut its stake in shares of Cavco Industries, Inc. (NASDAQ:CVCO) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,355 shares of the construction company’s stock after selling 61 shares during the period. Mutual of America Capital Management LLC’s holdings in Cavco Industries were worth $470,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. SkyView Investment Advisors LLC boosted its position in Cavco Industries by 3.1% during the third quarter. SkyView Investment Advisors LLC now owns 1,554 shares of the construction company’s stock valued at $413,000 after purchasing an additional 47 shares during the last quarter. Sheets Smith Wealth Management lifted its position in shares of Cavco Industries by 2.7% in the third quarter. Sheets Smith Wealth Management now owns 2,090 shares of the construction company’s stock valued at $555,000 after buying an additional 54 shares during the last quarter. Pathstone Family Office LLC lifted its position in shares of Cavco Industries by 7.1% in the third quarter. Pathstone Family Office LLC now owns 1,014 shares of the construction company’s stock valued at $269,000 after buying an additional 67 shares during the last quarter. Group One Trading L.P. acquired a new stake in shares of Cavco Industries in the third quarter valued at approximately $26,000. Finally, Headinvest LLC acquired a new stake in shares of Cavco Industries in the third quarter valued at approximately $26,000. 95.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Paul Bigbee sold 262 shares of Cavco Industries stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $367.13, for a total transaction of $96,188.06. Following the completion of the sale, the chief accounting officer now directly owns 766 shares of the company’s stock, valued at approximately $281,221.58. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CAO Paul Bigbee sold 262 shares of Cavco Industries stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $367.13, for a total transaction of $96,188.06. Following the completion of the sale, the chief accounting officer now directly owns 766 shares of the company’s stock, valued at approximately $281,221.58. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Matthew A. Nino sold 2,357 shares of Cavco Industries stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $360.00, for a total value of $848,520.00. Following the sale, the insider now directly owns 1,248 shares of the company’s stock, valued at $449,280. The disclosure for this sale can be found here. 1.73% of the stock is currently owned by insiders.

Cavco Industries Stock Up 4.4 %

CVCO opened at $375.36 on Wednesday. Cavco Industries, Inc. has a 12-month low of $233.84 and a 12-month high of $400.99. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 19.04 and a beta of 1.15. The business has a 50 day moving average of $374.23 and a 200-day moving average of $328.49.

Cavco Industries (NASDAQ:CVCO) last released its quarterly earnings data on Friday, February 2nd. The construction company reported $4.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.36 by ($0.09). Cavco Industries had a net margin of 9.25% and a return on equity of 17.00%. The business had revenue of $446.77 million during the quarter, compared to analyst estimates of $428.40 million. During the same period in the previous year, the business earned $6.66 earnings per share. As a group, analysts expect that Cavco Industries, Inc. will post 19.46 earnings per share for the current year.

Cavco Industries Profile

Cavco Industries, Inc designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands.