Beazer Homes USA, Inc. (NYSE:BZH) CFO Sells $194,187.42 in Stock

Beazer Homes USA, Inc. (NYSE:BZH) CFO David I. Goldberg sold 6,057 shares of Beazer Homes USA stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $32.06, for a total transaction of $194,187.42. Following the completion of the transaction, the chief financial officer now owns 131,004 shares of the company’s stock, valued at $4,199,988.24. The trade was a 4.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Beazer Homes USA Stock Down 3.8 %

Shares of NYSE:BZH opened at $33.30 on Friday. The firm has a fifty day moving average price of $32.48 and a two-hundred day moving average price of $30.28. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 7.42, a PEG ratio of 1.35 and a beta of 2.18. The company has a debt-to-equity ratio of 0.91, a current ratio of 12.42 and a quick ratio of 0.92. Beazer Homes USA, Inc. has a one year low of $25.48 and a one year high of $38.22.

Institutional Investors Weigh In On Beazer Homes USA

A number of institutional investors and hedge funds have recently made changes to their positions in BZH. Barclays PLC increased its stake in Beazer Homes USA by 26.3% in the 3rd quarter. Barclays PLC now owns 190,741 shares of the construction company’s stock worth $6,516,000 after acquiring an additional 39,752 shares during the last quarter. Systematic Financial Management LP purchased a new position in shares of Beazer Homes USA during the third quarter worth about $182,000. Quadrature Capital Ltd bought a new position in shares of Beazer Homes USA in the third quarter worth approximately $262,000. Point72 Asset Management L.P. bought a new position in shares of Beazer Homes USA in the third quarter worth approximately $125,000. Finally, Mill Road Capital Management LLC raised its stake in Beazer Homes USA by 89.1% in the third quarter. Mill Road Capital Management LLC now owns 368,069 shares of the construction company’s stock valued at $12,577,000 after purchasing an additional 173,474 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BZH. StockNews.com lowered shares of Beazer Homes USA from a “hold” rating to a “sell” rating in a research note on Monday, August 5th. Zelman & Associates reiterated an “underperform” rating on shares of Beazer Homes USA in a research report on Tuesday, September 17th. Wedbush raised Beazer Homes USA from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $41.00 to $45.00 in a report on Thursday, September 5th. Finally, B. Riley reduced their target price on Beazer Homes USA from $38.00 to $37.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to MarketBeat, Beazer Homes USA presently has a consensus rating of “Hold” and an average target price of $39.67.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.