Rep. Tim Moore Buys LGI Homes, Inc. (NASDAQ:LGIH) Stock

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 $15,001 and $50,000 in LGI Homes stock on March 12th.

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 $50,001 – $100,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/19/2026.
• 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 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 Trading Up 5.3%

Shares of NASDAQ:LGIH opened at $39.34 on Thursday. The company has a market cap of $909.93 million, a P/E ratio of 12.57 and a beta of 1.88. The stock’s 50-day moving average is $50.03 and its 200-day moving average is $49.29. LGI Homes, Inc. has a 52-week low of $33.55 and a 52-week high of $72.28. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.76 and a current ratio of 20.98.

LGI Homes (NASDAQ:LGIH) last posted its quarterly earnings data on Tuesday, February 17th. The financial services provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.01. The business had revenue of $473.97 million during the quarter, compared to analysts’ expectations of $479.60 million. LGI Homes had a return on equity of 4.08% and a net margin of 4.25%.The firm’s revenue was down 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.15 EPS. Equities research analysts predict that LGI Homes, Inc. will post 8.46 earnings per share for the current year.

Analysts Set New Price Targets

LGIH has been the subject of several research reports. Citizens Jmp increased their price objective on LGI Homes from $85.00 to $95.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 7th. Citigroup reiterated an “outperform” rating on shares of LGI Homes in a research note on Wednesday, January 7th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of LGI Homes in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, LGI Homes presently has a consensus rating of “Hold” and a consensus price target of $74.63.

Insider Activity at LGI Homes

In related news, COO Michael Larry Snider sold 6,000 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.04, for a total value of $252,240.00. Following the completion of the transaction, the chief operating officer owned 175,556 shares of the company’s stock, valued at $7,380,374.24. This represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Scott James Garber sold 1,353 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.04, for a total transaction of $56,880.12. Following the transaction, the general counsel owned 21,716 shares of the company’s stock, valued at approximately $912,940.64. This represents a 5.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,451 shares of company stock valued at $943,840 over the last quarter. 12.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Royal Bank of Canada boosted its stake in LGI Homes by 58.7% during the first quarter. Royal Bank of Canada now owns 4,721 shares of the financial services provider’s stock worth $313,000 after buying an additional 1,746 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of LGI Homes by 5.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,502 shares of the financial services provider’s stock valued at $831,000 after buying an additional 621 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of LGI Homes by 5.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 250,142 shares of the financial services provider’s stock worth $16,627,000 after acquiring an additional 12,524 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of LGI Homes by 4.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,976 shares of the financial services provider’s stock worth $308,000 after acquiring an additional 275 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey boosted its position in shares of LGI Homes by 10.1% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 4,892 shares of the financial services provider’s stock valued at $252,000 after acquiring an additional 447 shares in the last quarter. 84.89% of the stock is currently owned by institutional investors and hedge funds.

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.

LGI Homes Company Profile

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.