Legacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson Sells 16,268 Shares

Posted by Maddie Sorensen on Nov 15th, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 16,268 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $27.52, for a total transaction of $447,695.36. Following the completion of the sale, the chairman now directly owns 526,473 shares in the company, valued at approximately $14,488,536.96. This represents a 3.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

On Wednesday, November 13th, Curtis Drew Hodgson sold 500 shares of Legacy Housing stock. The shares were sold at an average price of $27.31, for a total transaction of $13,655.00.
On Monday, November 4th, Curtis Drew Hodgson sold 7,700 shares of Legacy Housing stock. The shares were sold at an average price of $25.57, for a total transaction of $196,889.00.
On Monday, October 28th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $25.20, for a total transaction of $435,960.00.
On Monday, October 21st, Curtis Drew Hodgson sold 1,300 shares of Legacy Housing stock. The shares were sold at an average price of $27.02, for a total transaction of $35,126.00.
On Monday, October 14th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $26.42, for a total transaction of $457,066.00.
On Friday, October 11th, Curtis Drew Hodgson sold 9,180 shares of Legacy Housing stock. The stock was sold at an average price of $26.27, for a total transaction of $241,158.60.
On Wednesday, October 9th, Curtis Drew Hodgson sold 5,288 shares of Legacy Housing stock. The stock was sold at an average price of $26.29, for a total transaction of $139,021.52.
On Monday, October 7th, Curtis Drew Hodgson sold 499 shares of Legacy Housing stock. The stock was sold at an average price of $26.27, for a total transaction of $13,108.73.
On Monday, September 30th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $27.27, for a total transaction of $471,771.00.
On Friday, September 27th, Curtis Drew Hodgson sold 1,311 shares of Legacy Housing stock. The stock was sold at an average price of $27.71, for a total transaction of $36,327.81.

Legacy Housing Stock Performance

LEGH stock opened at $25.90 on Friday. The firm has a market cap of $625.74 million, a price-to-earnings ratio of 11.94 and a beta of 1.09. The firm has a 50-day simple moving average of $26.68 and a two-hundred day simple moving average of $25.14. Legacy Housing Co. has a one year low of $19.42 and a one year high of $29.31.

Hedge Funds Weigh In On Legacy Housing

Several hedge funds and other institutional investors have recently modified their holdings of LEGH. Innealta Capital LLC purchased a new position in shares of Legacy Housing in the 2nd quarter valued at approximately $28,000. EntryPoint Capital LLC purchased a new position in Legacy Housing during the 1st quarter worth approximately $45,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Legacy Housing during the 3rd quarter worth approximately $85,000. SG Americas Securities LLC purchased a new position in Legacy Housing during the 3rd quarter worth approximately $121,000. Finally, BNP Paribas Financial Markets raised its position in Legacy Housing by 79.0% during the 1st quarter. BNP Paribas Financial Markets now owns 5,708 shares of the company’s stock worth $123,000 after buying an additional 2,520 shares during the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on LEGH shares. B. Riley reiterated a “neutral” rating and set a $29.00 target price (up from $25.00) on shares of Legacy Housing in a report on Monday, August 12th. Wedbush reiterated an “outperform” rating and set a $29.00 target price on shares of Legacy Housing in a report on Friday, August 9th.

Read Our Latest Stock Analysis on LEGH

Legacy Housing Company Profile

(Get Free Report)

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.