Representative Tim Moore (Republican-North Carolina) recently bought shares of LGI Homes, Inc. (NASDAQ:LGIH). In a filing disclosed on March 24th, the Representative disclosed that they had bought between $50,001 and $100,000 in LGI Homes stock on March 19th.
Representative Tim Moore also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) on 3/23/2026.
- Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/20/2026.
- Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/18/2026.
- Sold $15,001 – $50,000 in shares of Krispy Kreme (NASDAQ:DNUT) on 3/17/2026.
- Purchased $1,001 – $15,000 in shares of Simply Good Foods (NASDAQ:SMPL) on 3/13/2026.
- Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/12/2026.
- Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/12/2026.
- Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 2/18/2026.
- Purchased $1,001 – $15,000 in shares of Krispy Kreme (NASDAQ:DNUT) on 2/12/2026.
- Purchased $15,001 – $50,000 in shares of Simply Good Foods (NASDAQ:SMPL) on 2/11/2026.
LGI Homes Price Performance
Shares of LGIH stock opened at $39.34 on Thursday. LGI Homes, Inc. has a twelve month low of $33.55 and a twelve month high of $72.28. The company has a current ratio of 20.98, a quick ratio of 0.76 and a debt-to-equity ratio of 0.79. The stock has a fifty day simple moving average of $50.03 and a two-hundred day simple moving average of $49.29. The stock has a market capitalization of $909.93 million, a price-to-earnings ratio of 12.57 and a beta of 1.88.
Analyst Ratings Changes
Several brokerages have issued reports on LGIH. Weiss Ratings reiterated a “sell (d)” rating on shares of LGI Homes in a report on Monday, December 29th. Citizens Jmp boosted their price target on shares of LGI Homes from $85.00 to $95.00 and gave the company a “market outperform” rating in a report on Wednesday, January 7th. Finally, Citigroup reiterated an “outperform” rating on shares of LGI Homes in a research note on Wednesday, January 7th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $74.63.
View Our Latest Stock Analysis on LGIH
Insider Buying and Selling
In other LGI Homes news, CFO Charles Michael Merdian sold 7,211 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $42.04, for a total value of $303,150.44. Following the completion of the transaction, the chief financial officer owned 20,540 shares of the company’s stock, valued at approximately $863,501.60. This trade represents a 25.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Michael Larry Snider sold 6,000 shares of LGI Homes stock in a transaction on Monday, March 9th. The stock was sold at an average price of $42.04, for a total transaction of $252,240.00. Following the sale, the chief operating officer owned 175,556 shares of the company’s stock, valued at $7,380,374.24. The trade was a 3.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 22,451 shares of company stock worth $943,840 in the last three months. Corporate insiders own 12.60% of the company’s stock.
Institutional Investors Weigh In On LGI Homes
Hedge funds have recently made changes to their positions in the stock. Wasatch Advisors LP boosted its holdings in LGI Homes by 3.4% in the second quarter. Wasatch Advisors LP now owns 1,467,855 shares of the financial services provider’s stock worth $75,624,000 after acquiring an additional 48,795 shares in the last quarter. River Road Asset Management LLC grew its stake in shares of LGI Homes by 2.0% during the fourth quarter. River Road Asset Management LLC now owns 931,391 shares of the financial services provider’s stock worth $40,013,000 after acquiring an additional 18,682 shares during the last quarter. CDAM UK Ltd increased its holdings in shares of LGI Homes by 15.4% during the fourth quarter. CDAM UK Ltd now owns 743,153 shares of the financial services provider’s stock valued at $31,926,000 after acquiring an additional 99,090 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of LGI Homes by 6.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 458,601 shares of the financial services provider’s stock valued at $19,701,000 after acquiring an additional 29,542 shares in the last quarter. Finally, Tributary Capital Management LLC raised its position in shares of LGI Homes by 93.1% in the 3rd quarter. Tributary Capital Management LLC now owns 386,072 shares of the financial services provider’s stock valued at $19,964,000 after purchasing an additional 186,159 shares during the last quarter. 84.89% of the stock is currently owned by hedge funds and other institutional investors.
About Representative Moore
Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina’s 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Moore (Republican Party) ran for election to the U.S. House to represent North Carolina’s 14th Congressional District. He won in the general election on November 5, 2024.
Moore served as speaker of the House from 2015 to 2025.
Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.
About LGI Homes
LGI Homes, Inc (NASDAQ: LGIH) is a residential homebuilder primarily focused on serving first-time and first-time move-up homebuyers in the United States. The company specializes in the acquisition, development and sale of affordable single-family homes and townhomes. LGI Homes operates through an integrated model that encompasses land sourcing, lot development, home construction, and post-closing customer support including warranty services.
In addition to its core homebuilding activities, LGI Homes offers ancillary services to streamline the homebuying process for its customers.
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