Legacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson Sells 11,300 Shares of Stock

Posted by Matthew Jenks on Nov 21st, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 11,300 shares of Legacy Housing stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $25.64, for a total transaction of $289,732.00. Following the completion of the sale, the chairman now owns 514,522 shares of the company’s stock, valued at $13,192,344.08. This trade represents a 2.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 11th, Curtis Drew Hodgson sold 16,268 shares of Legacy Housing stock. The stock was sold at an average price of $27.52, for a total transaction 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.
On Monday, October 28th, 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, 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 value 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 value of $457,066.00.
On Friday, October 11th, Curtis Drew Hodgson sold 9,180 shares of Legacy Housing stock. The shares were 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 stock was sold at an average price of $26.29, for a total value 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 stock was sold at an average price of $27.27, for a total value of $471,771.00.

Legacy Housing Stock Performance

Shares of LEGH opened at $25.30 on Thursday. The firm has a fifty day moving average of $26.64 and a 200-day moving average of $25.31. Legacy Housing Co. has a 1 year low of $19.42 and a 1 year high of $29.31. The company has a market cap of $611.25 million, a price-to-earnings ratio of 11.66 and a beta of 1.09.

Institutional Trading of Legacy Housing

Several institutional investors have recently modified their holdings of the company. Innealta Capital LLC acquired a new position in shares of Legacy Housing in the 2nd quarter worth $28,000. EntryPoint Capital LLC purchased a new stake in shares of Legacy Housing during the first quarter worth $45,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Legacy Housing during the 3rd quarter valued at about $85,000. SG Americas Securities LLC bought a new stake in Legacy Housing in the third quarter worth approximately $121,000. Finally, BNP Paribas Financial Markets increased its position in Legacy Housing by 79.0% during the first quarter. BNP Paribas Financial Markets now owns 5,708 shares of the company’s stock worth $123,000 after buying an additional 2,520 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company’s stock.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Research Report on LEGH

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.