Insider Selling: Legacy Housing Co. (NASDAQ:LEGH) Director Sells $225,283.52 in Stock

Posted by Xavier Holt on Jan 3rd, 2025

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Director Curtis Drew Hodgson sold 9,184 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $24.53, for a total transaction of $225,283.52. Following the completion of the transaction, the director now directly owns 412,838 shares of the company’s stock, valued at $10,126,916.14. This trade represents a 2.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

On Monday, December 23rd, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $24.49, for a total value of $423,677.00.
On Monday, December 16th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $25.20, for a total value of $435,960.00.
On Monday, December 9th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was 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 shares were 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 stock was sold at an average price of $26.53, for a total transaction 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 transaction 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 value of $447,695.36.
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.

Legacy Housing Stock Down 2.8 %

Shares of Legacy Housing stock opened at $24.00 on Friday. The firm has a market capitalization of $579.79 million, a P/E ratio of 11.06 and a beta of 1.10. Legacy Housing Co. has a 52 week low of $19.42 and a 52 week high of $29.31. The company has a 50 day moving average price of $25.57 and a 200 day moving average price of $25.77.

Institutional Investors Weigh In On Legacy Housing

Institutional investors and hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. increased its position in shares of Legacy Housing by 193.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 91,453 shares of the company’s stock valued at $2,501,000 after acquiring an additional 60,292 shares during the period. Geode Capital Management LLC grew its stake in Legacy Housing by 17.8% during the 3rd quarter. Geode Capital Management LLC now owns 269,325 shares of the company’s stock valued at $7,367,000 after purchasing an additional 40,729 shares during the last quarter. Progeny 3 Inc. acquired a new position in shares of Legacy Housing in the second quarter valued at about $1,019,000. Renaissance Technologies LLC raised its stake in shares of Legacy Housing by 161.0% in the second quarter. Renaissance Technologies LLC now owns 40,200 shares of the company’s stock worth $922,000 after purchasing an additional 24,800 shares during the last quarter. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Legacy Housing during the third quarter worth about $365,000. 89.35% of the stock is currently owned by institutional investors and hedge funds.

About Legacy Housing

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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.