James M. Pirrello Buys 50,000 Shares of United Homes Group, Inc. (NASDAQ:UHG) Stock

Posted by Amber O'Connor on Dec 15th, 2024

United Homes Group, Inc. (NASDAQ:UHG – Get Free Report) CEO James M. Pirrello bought 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was purchased at an average cost of $5.00 per share, for a total transaction of $250,000.00. Following the transaction, the chief executive officer now owns 50,000 shares in the company, valued at $250,000. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

United Homes Group Price Performance

Shares of UHG opened at $4.46 on Friday. The company has a 50 day moving average of $5.77 and a 200-day moving average of $5.89. The company has a quick ratio of 1.58, a current ratio of 6.62 and a debt-to-equity ratio of 7.16. The stock has a market capitalization of $215.91 million, a P/E ratio of -7.56 and a beta of 0.68. United Homes Group, Inc. has a twelve month low of $4.05 and a twelve month high of $9.48.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Barclays PLC boosted its stake in shares of United Homes Group by 260.8% during the 3rd quarter. Barclays PLC now owns 7,500 shares of the company’s stock worth $46,000 after buying an additional 5,421 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in United Homes Group during the third quarter worth about $97,000. Finally, Stoneridge Investment Partners LLC acquired a new position in United Homes Group during the third quarter valued at approximately $298,000. Institutional investors own 88.85% of the company’s stock.

About United Homes Group

(Get Free Report)

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.