Insider Buying: United Homes Group, Inc. (NASDAQ:UHG) CEO Buys 50,000 Shares of Stock

United Homes Group, Inc. (NASDAQ:UHG) CEO James M. Pirrello bought 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were bought 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 of the company’s stock, valued at $250,000. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

United Homes Group Trading Up 0.9 %

NASDAQ UHG opened at $4.46 on Friday. The company has a current ratio of 6.62, a quick ratio of 1.58 and a debt-to-equity ratio of 7.16. The business has a fifty day simple moving average of $5.77 and a 200 day simple moving average of $5.89. United Homes Group, Inc. has a 12 month low of $4.05 and a 12 month high of $9.48. The firm has a market capitalization of $215.91 million, a P/E ratio of -7.56 and a beta of 0.68.

Institutional Trading of United Homes Group

Institutional investors have recently made changes to their positions in the company. Barclays PLC grew its holdings in shares of United Homes Group by 260.8% in the third quarter. Barclays PLC now owns 7,500 shares of the company’s stock valued at $46,000 after acquiring an additional 5,421 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in United Homes Group in the third quarter worth $97,000. Finally, Stoneridge Investment Partners LLC bought a new position in United Homes Group in the 3rd quarter valued at $298,000. Institutional investors own 88.85% of the company’s stock.

About United Homes Group

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.