Curtis Drew Hodgson Sells 10,468 Shares of Legacy Housing Co. (NASDAQ:LEGH) Stock

Legacy Housing Co. (NASDAQ:LEGH) Director Curtis Drew Hodgson sold 10,468 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $23.65, for a total transaction of $247,568.20. Following the completion of the sale, the director now directly owns 394,254 shares of the company’s stock, valued at $9,324,107.10. This trade represents a 2.59 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, December 30th, Curtis Drew Hodgson sold 9,184 shares of Legacy Housing stock. The shares were sold at an average price of $24.53, for a total transaction of $225,283.52.
• On Monday, December 23rd, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $24.49, for a total value of $423,677.00.
• On Monday, December 16th, 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, December 9th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $25.42, for a total value of $439,766.00.
• On Monday, December 2nd, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $25.96, for a total transaction of $449,108.00.
• On Monday, November 25th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $26.53, for a total transaction of $458,969.00.
• On Thursday, November 21st, Curtis Drew Hodgson sold 6,000 shares of Legacy Housing stock. The stock was 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 shares were 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 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 value of $447,695.36.

Legacy Housing Stock Performance

LEGH opened at $23.12 on Friday. The stock’s 50 day moving average price is $25.40 and its 200-day moving average price is $25.80. Legacy Housing Co. has a 52-week low of $19.42 and a 52-week high of $29.31. The stock has a market capitalization of $558.53 million, a PE ratio of 10.65 and a beta of 1.10.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in LEGH. Geode Capital Management LLC increased its position 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. Charles Schwab Investment Management Inc. grew its holdings in shares of Legacy Housing by 193.5% during the 3rd 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 during the period. Barclays PLC raised its position in shares of Legacy Housing by 294.1% in the 3rd quarter. Barclays PLC now owns 17,338 shares of the company’s stock worth $474,000 after acquiring an additional 12,939 shares in the last quarter. Progeny 3 Inc. purchased a new position in shares of Legacy Housing in the 2nd quarter valued at approximately $1,019,000. Finally, Renaissance Technologies LLC boosted its position in shares of Legacy Housing by 161.0% during the second quarter. Renaissance Technologies LLC now owns 40,200 shares of the company’s stock valued at $922,000 after purchasing an additional 24,800 shares in 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.