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 18th.

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.
• 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 Stock Performance

NASDAQ LGIH opened at $39.34 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 20.98 and a quick ratio of 0.76. LGI Homes, Inc. has a 1-year low of $33.55 and a 1-year high of $72.28. The firm has a market capitalization of $909.93 million, a P/E ratio of 12.57 and a beta of 1.88. The business’s 50-day simple moving average is $50.03 and its 200-day simple moving average is $49.29.

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

Institutional Investors Weigh In On LGI Homes

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LGIH. Royal Bank of Canada raised its holdings in LGI Homes by 58.7% in the first quarter. Royal Bank of Canada now owns 4,721 shares of the financial services provider’s stock valued at $313,000 after acquiring an additional 1,746 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in LGI Homes by 5.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,502 shares of the financial services provider’s stock worth $831,000 after acquiring an additional 621 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in 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 in the last quarter. PNC Financial Services Group Inc. increased its position in shares of LGI Homes by 4.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,976 shares of the financial services provider’s stock worth $308,000 after purchasing an additional 275 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its stake in shares of LGI Homes by 10.1% in 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 purchasing an additional 447 shares in the last quarter. Hedge funds and other institutional investors own 84.89% of the company’s stock.

Insider Transactions at LGI Homes

In other news, CFO Charles Michael Merdian sold 7,211 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 transaction of $303,150.44. Following 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Michael Larry Snider sold 7,887 shares of LGI Homes stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.04, for a total value of $331,569.48. Following the completion of the transaction, the chief operating officer owned 30,517 shares of the company’s stock, valued at $1,282,934.68. This trade represents a 20.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 22,451 shares of company stock valued at $943,840. Insiders own 12.60% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Citigroup reissued an “outperform” rating on shares of LGI Homes in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of LGI Homes in a research report on Monday, December 29th. Finally, Citizens Jmp increased their price target on LGI Homes from $85.00 to $95.00 and gave the company a “market outperform” rating in a report on Wednesday, January 7th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $74.63.

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.