Legacy Housing Co. (NASDAQ:LEGH) Chairman Sells $289,732.00 in Stock

Posted by Thomas Dobrow on Nov 21st, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 11,300 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $25.64, for a total transaction of $289,732.00. Following the transaction, the chairman now directly owns 514,522 shares in the company, valued at approximately $13,192,344.08. This trade represents a 2.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 stock was sold at an average price of $27.31, for a total value of $13,655.00.
On Monday, November 11th, Curtis Drew Hodgson sold 16,268 shares of Legacy Housing stock. The shares were sold at an average price of $27.52, for a total value of $447,695.36.
On Monday, November 4th, Curtis Drew Hodgson sold 7,700 shares of Legacy Housing stock. The stock was 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 value of $435,960.00.
On Monday, October 21st, Curtis Drew Hodgson sold 1,300 shares of Legacy Housing stock. The stock was sold at an average price of $27.02, for a total value 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 shares were 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 value of $139,021.52.
On Monday, October 7th, Curtis Drew Hodgson sold 499 shares of Legacy Housing stock. The shares were sold at an average price of $26.27, for a total value of $13,108.73.
On Monday, September 30th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $27.27, for a total transaction of $471,771.00.

Legacy Housing Stock Up 0.4 %

NASDAQ:LEGH traded up $0.10 during trading hours on Wednesday, reaching $25.30. 69,852 shares of the company’s stock were exchanged, compared to its average volume of 64,582. The company has a market capitalization of $611.25 million, a P/E ratio of 11.61 and a beta of 1.09. Legacy Housing Co. has a 12 month low of $19.42 and a 12 month high of $29.31. The business’s 50-day simple moving average is $26.64 and its two-hundred day simple moving average is $25.31.

Analyst Ratings Changes

LEGH has been the topic of a number of analyst reports. B. Riley reaffirmed a “neutral” rating and issued a $29.00 price objective (up previously from $25.00) on shares of Legacy Housing in a report on Monday, August 12th. Wedbush reaffirmed 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 Analysis on Legacy Housing

Institutional Investors Weigh In On Legacy Housing

A number of institutional investors and hedge funds have recently modified their holdings of LEGH. Innealta Capital LLC purchased a new stake in shares of Legacy Housing in the second quarter valued at $28,000. EntryPoint Capital LLC purchased a new stake in shares of Legacy Housing during the 1st quarter worth about $45,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Legacy Housing during the third quarter valued at approximately $85,000. SG Americas Securities LLC acquired a new position in shares of Legacy Housing during the 3rd quarter worth $121,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of Legacy Housing by 17.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company’s stock valued at $153,000 after purchasing an additional 848 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company’s stock.

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.