Legacy Housing Co. (NASDAQ:LEGH) Chairman Sells $458,969.00 in Stock

Posted by Alanna Baker on Nov 28th, 2024

Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) Chairman Curtis Drew Hodgson sold 17,300 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $26.53, for a total transaction of $458,969.00. Following the sale, the chairman now owns 491,222 shares in the company, valued at $13,032,119.66. The trade was a 3.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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 value of $153,600.00.
On Monday, November 18th, Curtis Drew Hodgson sold 11,300 shares of Legacy Housing stock. The shares were 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 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 stock was 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 transaction 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 shares were 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 value 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.

Legacy Housing Price Performance

LEGH stock opened at $26.11 on Thursday. The firm has a 50-day moving average of $26.43 and a 200 day moving average of $25.47. The company has a market cap of $630.77 million, a P/E ratio of 12.03 and a beta of 1.09. Legacy Housing Co. has a 1 year low of $19.42 and a 1 year high of $29.31.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on Legacy Housing

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Hotchkis & Wiley Capital Management LLC purchased a new stake in Legacy Housing in the third quarter worth $3,211,000. Cerity Partners LLC grew its position in shares of Legacy Housing by 141.3% in the 3rd quarter. Cerity Partners LLC now owns 178,276 shares of the company’s stock worth $4,876,000 after buying an additional 104,386 shares during the period. Dimensional Fund Advisors LP increased 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 acquiring an additional 88,921 shares in the last quarter. SG Capital Management LLC purchased a new position in Legacy Housing during the 1st quarter valued at about $1,532,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in Legacy Housing by 193.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 91,453 shares of the company’s stock worth $2,501,000 after acquiring an additional 60,292 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

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.