Curtis Drew Hodgson Sells 17,300 Shares of Legacy Housing Co. (NASDAQ:LEGH) Stock

Posted by Trevor Kearing on Nov 27th, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $26.53, for a total value of $458,969.00. Following the completion of the transaction, the chairman now owns 491,222 shares in the company, valued at approximately $13,032,119.66. This represents a 3.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

On Thursday, November 21st, Curtis Drew Hodgson sold 6,000 shares of Legacy Housing stock. The shares were 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 stock was sold at an average price of $25.64, for a total transaction 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 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 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 value of $196,889.00.
On Monday, October 28th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were 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 shares were sold at an average price of $26.42, for a total transaction 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 transaction of $139,021.52.

Legacy Housing Price Performance

Shares of NASDAQ LEGH opened at $25.90 on Wednesday. Legacy Housing Co. has a 1 year low of $19.42 and a 1 year high of $29.31. The firm has a 50-day moving average of $26.47 and a 200 day moving average of $25.46. The stock has a market cap of $625.74 million, a P/E ratio of 11.94 and a beta of 1.09.

Hedge Funds Weigh In On Legacy Housing

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its stake 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 during the last quarter. Vanguard Group Inc. grew its stake in shares of Legacy Housing by 5.2% in the first quarter. Vanguard Group Inc. now owns 441,383 shares of the company’s stock worth $9,499,000 after acquiring an additional 21,995 shares during the last quarter. Geode Capital Management LLC increased its holdings 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 acquiring an additional 40,729 shares in the last quarter. State Street Corp raised its position in shares of 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 purchasing an additional 11,599 shares during the last quarter. 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 purchasing an additional 1,450 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on LEGH shares. B. Riley reaffirmed a “neutral” rating and set a $29.00 price objective (up from $25.00) on shares of Legacy Housing in a research 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 report on Friday, August 9th.

Get Our Latest Analysis on Legacy Housing

Legacy Housing Company Profile

(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.