Legacy Housing Co. (NASDAQ:LEGH) Chairman Sells $449,108.00 in Stock

Legacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $25.96, for a total transaction of $449,108.00. Following the sale, the chairman now directly owns 473,922 shares in the company, valued at approximately $12,303,015.12. The trade was a 3.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• 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 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 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 transaction of $13,655.00.
• On Monday, November 11th, Curtis Drew Hodgson sold 16,268 shares of Legacy Housing stock. The shares were 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 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 shares were 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 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.

Legacy Housing Stock Down 1.3 %

NASDAQ:LEGH opened at $25.32 on Friday. The company has a fifty day simple moving average of $26.20 and a two-hundred day simple moving average of $25.54. The company has a market cap of $611.73 million, a price-to-earnings ratio of 11.67 and a beta of 1.10. Legacy Housing Co. has a 52 week low of $19.42 and a 52 week high of $29.31.

Analyst Upgrades and Downgrades

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

Institutional investors and hedge funds have recently modified their holdings of the company. Innealta Capital LLC acquired a new position in shares of Legacy Housing during the second quarter worth $28,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Legacy Housing during the third quarter worth $85,000. SG Americas Securities LLC acquired a new position in shares of Legacy Housing during the third quarter worth $121,000. BNP Paribas Financial Markets grew its stake in shares of Legacy Housing by 17.8% during the third quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company’s stock worth $153,000 after purchasing an additional 848 shares in the last quarter. Finally, Exchange Traded Concepts LLC acquired a new position in shares of Legacy Housing during the third quarter worth $292,000. Institutional investors and hedge funds own 89.35% of the company’s stock.

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.