Legacy Housing Co. (NASDAQ:LEGH) Chairman Sells $153,600.00 in Stock

Legacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson sold 6,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $25.60, for a total transaction of $153,600.00. Following the completion of the transaction, the chairman now directly owns 508,522 shares of the company’s stock, valued at $13,018,163.20. The trade was a 1.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, November 18th, Curtis Drew Hodgson sold 11,300 shares of Legacy Housing stock. The stock was 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 shares were 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 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 stock was 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 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 value 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 value of $139,021.52.
• On Monday, October 7th, Curtis Drew Hodgson sold 499 shares of Legacy Housing stock. The stock was sold at an average price of $26.27, for a total transaction of $13,108.73.

Legacy Housing Trading Up 1.2 %

Shares of LEGH traded up $0.31 during mid-day trading on Thursday, hitting $25.61. The company’s stock had a trading volume of 87,702 shares, compared to its average volume of 64,684. Legacy Housing Co. has a 1-year low of $19.42 and a 1-year high of $29.31. The firm has a market capitalization of $618.74 million, a P/E ratio of 11.66 and a beta of 1.09. The firm has a 50-day simple moving average of $26.62 and a 200 day simple moving average of $25.31.

Wall Street Analysts Forecast Growth

LEGH has been the subject of several research analyst reports. B. Riley restated a “neutral” rating and issued a $29.00 target price (up previously from $25.00) on shares of Legacy Housing in a report on Monday, August 12th. Wedbush restated an “outperform” rating and set a $29.00 price target on shares of Legacy Housing in a research note on Friday, August 9th.

Hedge Funds Weigh In On Legacy Housing

Several hedge funds have recently bought and sold shares of LEGH. Dimensional Fund Advisors LP boosted its position in shares of Legacy Housing by 17.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 609,217 shares of the company’s stock worth $13,975,000 after buying an additional 88,921 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Legacy Housing by 5.2% in the 1st 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. Geode Capital Management LLC lifted its stake in shares of Legacy Housing by 17.8% during the third quarter. Geode Capital Management LLC now owns 269,325 shares of the company’s stock valued at $7,367,000 after buying an additional 40,729 shares during the period. State Street Corp grew its stake in Legacy Housing by 5.9% in the 3rd quarter. State Street Corp now owns 207,972 shares of the company’s stock worth $5,688,000 after acquiring an additional 11,599 shares during the period. Finally, Bard Associates Inc. boosted its stake in Legacy Housing by 0.7% in the 3rd quarter. Bard Associates Inc. now owns 197,414 shares of the company’s stock worth $5,399,000 after buying an additional 1,450 shares during the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.

About Legacy Housing

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.