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

Posted by Xavier Holt on Nov 15th, 2024

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

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 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 stock was 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 shares were 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 shares were 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 shares were 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. Legacy Housing Co. has a one year low of $19.42 and a one year high of $29.31. The company’s fifty day moving average price is $26.68 and its 200-day moving average price is $25.14. The company has a market capitalization of $625.74 million, a PE ratio of 11.94 and a beta of 1.09.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Wedbush reiterated an “outperform” rating and issued a $29.00 price target on shares of Legacy Housing in a research note on Friday, August 9th. B. Riley reiterated a “neutral” rating and issued a $29.00 price target (up from $25.00) on shares of Legacy Housing in a research report on Monday, August 12th.

Check Out Our Latest Stock Analysis on LEGH

Hedge Funds Weigh In On Legacy Housing

Hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets raised its stake in Legacy Housing by 79.0% during the first quarter. BNP Paribas Financial Markets now owns 5,708 shares of the company’s stock valued at $123,000 after purchasing an additional 2,520 shares in the last quarter. Empowered Funds LLC raised its stake in Legacy Housing by 5.0% during the first quarter. Empowered Funds LLC now owns 36,902 shares of the company’s stock valued at $794,000 after purchasing an additional 1,767 shares in the last quarter. Vanguard Group Inc. raised its stake in Legacy Housing by 5.2% during the first quarter. Vanguard Group Inc. now owns 441,383 shares of the company’s stock valued at $9,499,000 after purchasing an additional 21,995 shares in the last quarter. EntryPoint Capital LLC purchased a new stake in Legacy Housing during the first quarter valued at $45,000. Finally, Quadrature Capital Ltd purchased a new stake in Legacy Housing during the first quarter valued at $245,000. Hedge funds and other institutional investors own 89.35% of the company’s stock.

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.