Legacy Housing Co. (NASDAQ:LEGH) Director Jeffrey Kyle Stouder Buys 4,900 Shares

Legacy Housing Co. (NASDAQ:LEGHGet Free Report) Director Jeffrey Kyle Stouder purchased 4,900 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were acquired at an average cost of $21.11 per share, for a total transaction of $103,439.00. Following the completion of the acquisition, the director now owns 5,975 shares of the company’s stock, valued at $126,132.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Legacy Housing Price Performance

NASDAQ:LEGH opened at $19.70 on Tuesday. The stock has a market cap of $480.56 million, a PE ratio of 9.08 and a beta of 0.95. The business’s 50-day simple moving average is $24.24 and its two-hundred day simple moving average is $22.42. The company has a quick ratio of 2.00, a current ratio of 2.89 and a debt-to-equity ratio of 0.05. Legacy Housing Co. has a 52 week low of $17.67 and a 52 week high of $26.50.

Analysts Set New Price Targets

Separately, Wedbush decreased their price target on Legacy Housing from $31.00 to $25.00 and set an “outperform” rating on the stock in a report on Tuesday, March 19th.

View Our Latest Report on Legacy Housing

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. First Trust Advisors LP grew its position in shares of Legacy Housing by 2.4% during the fourth quarter. First Trust Advisors LP now owns 19,439 shares of the company’s stock valued at $490,000 after purchasing an additional 462 shares in the last quarter. California State Teachers Retirement System grew its position in shares of Legacy Housing by 5.3% during the fourth quarter. California State Teachers Retirement System now owns 11,386 shares of the company’s stock valued at $287,000 after purchasing an additional 572 shares in the last quarter. Two Sigma Advisers LP grew its position in shares of Legacy Housing by 1.5% during the third quarter. Two Sigma Advisers LP now owns 41,600 shares of the company’s stock valued at $713,000 after purchasing an additional 600 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Legacy Housing by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 22,803 shares of the company’s stock valued at $432,000 after purchasing an additional 876 shares in the last quarter. Finally, Deutsche Bank AG grew its position in shares of Legacy Housing by 22.9% during the third quarter. Deutsche Bank AG now owns 5,045 shares of the company’s stock valued at $98,000 after purchasing an additional 940 shares in the last quarter. Hedge funds and other institutional investors own 89.35% of the company’s stock.

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.

Further Reading

Insider Buying and Selling by Quarter for Legacy Housing (NASDAQ:LEGH)

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