Insider Selling: Legacy Housing Co. (NASDAQ:LEGH) Director Sells $435,960.00 in Stock

Posted by Oscar Bower on Dec 19th, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Director Curtis Drew Hodgson sold 17,300 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $25.20, for a total transaction of $435,960.00. Following the sale, the director now owns 439,322 shares of the company’s stock, valued at $11,070,914.40. This represents a 3.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

On Monday, December 9th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $25.42, for a total transaction of $439,766.00.
On Monday, December 2nd, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $25.96, for a total transaction of $449,108.00.
On Monday, November 25th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $26.53, for a total value of $458,969.00.
On Thursday, November 21st, Curtis Drew Hodgson sold 6,000 shares of Legacy Housing stock. The stock was sold at an average price of $25.60, for a total value of $153,600.00.
On Monday, November 18th, Curtis Drew Hodgson sold 11,300 shares of Legacy Housing stock. The shares were sold at an average price of $25.64, for a total value of $289,732.00.
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 transaction 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 transaction 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 transaction of $35,126.00.

Legacy Housing Stock Performance

LEGH stock opened at $24.19 on Thursday. The company has a market capitalization of $584.38 million, a price-to-earnings ratio of 11.15 and a beta of 1.10. The business’s 50 day moving average price is $25.95 and its two-hundred day moving average price is $25.67. Legacy Housing Co. has a fifty-two week low of $19.42 and a fifty-two week high of $29.31.

Institutional Investors Weigh In On Legacy Housing

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Premier Path Wealth Partners LLC boosted its holdings in shares of Legacy Housing by 2.3% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 47,783 shares of the company’s stock valued at $1,096,000 after buying an additional 1,083 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Legacy Housing by 7.8% during the second quarter. Bank of New York Mellon Corp now owns 59,517 shares of the company’s stock worth $1,365,000 after acquiring an additional 4,287 shares in the last quarter. Innealta Capital LLC purchased a new stake in Legacy Housing in the second quarter worth about $28,000. Rhumbline Advisers increased its stake in shares of Legacy Housing by 13.8% during the second quarter. Rhumbline Advisers now owns 17,796 shares of the company’s stock valued at $408,000 after purchasing an additional 2,152 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Legacy Housing by 1.1% during the second quarter. American Century Companies Inc. now owns 180,736 shares of the company’s stock valued at $4,146,000 after purchasing an additional 2,014 shares during the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.

About Legacy Housing

(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.