United Homes Group, Inc. (NASDAQ:UHG) COO Ray Shelton Twine III Purchases 10,000 Shares

United Homes Group, Inc. (NASDAQ:UHG) COO Ray Shelton Twine III acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average price of $4.55 per share, for a total transaction of $45,500.00. Following the completion of the transaction, the chief operating officer now directly owns 196,736 shares in the company, valued at approximately $895,148.80. This represents a 5.36 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

United Homes Group Trading Up 0.9 %

United Homes Group stock traded up $0.04 during midday trading on Friday, reaching $4.46. The stock had a trading volume of 78,541 shares, compared to its average volume of 29,288. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.58 and a current ratio of 6.62. The stock has a market capitalization of $215.91 million, a PE ratio of -7.56 and a beta of 0.68. The stock’s 50-day simple moving average is $5.80 and its 200 day simple moving average is $5.89. United Homes Group, Inc. has a twelve month low of $4.05 and a twelve month high of $9.48.

Institutional Trading of United Homes Group

A number of hedge funds and other institutional investors have recently modified their holdings of UHG. Stoneridge Investment Partners LLC acquired a new position in United Homes Group during the 3rd quarter valued at about $298,000. Y Intercept Hong Kong Ltd purchased a new position in United Homes Group during the third quarter valued at approximately $97,000. Finally, Barclays PLC increased its stake 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 worth $46,000 after acquiring an additional 5,421 shares during the last quarter. 88.85% of the stock is owned by hedge funds and other institutional investors.

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.