Legacy Housing Co. (NASDAQ:LEGH – Get Free Report) EVP Kenneth E. Shipley sold 8,356 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $21.53, for a total transaction of $179,904.68. Following the sale, the executive vice president now owns 2,951,605 shares of the company’s stock, valued at $63,548,055.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Legacy Housing Trading Up 1.1 %
Legacy Housing stock traded up $0.24 during mid-day trading on Friday, hitting $21.25. The company’s stock had a trading volume of 7,146 shares, compared to its average volume of 43,476. Legacy Housing Co. has a 1 year low of $15.92 and a 1 year high of $25.30. The firm has a market capitalization of $518.29 million, a PE ratio of 8.02 and a beta of 0.85. The stock’s fifty day moving average is $22.69 and its two-hundred day moving average is $21.62.
Institutional Trading of Legacy Housing
A number of hedge funds and other institutional investors have recently modified their holdings of LEGH. American Century Companies Inc. lifted its holdings in shares of Legacy Housing by 28.1% in the 1st quarter. American Century Companies Inc. now owns 24,437 shares of the company’s stock worth $524,000 after acquiring an additional 5,363 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Legacy Housing by 30.7% in the first quarter. Dimensional Fund Advisors LP now owns 132,555 shares of the company’s stock valued at $2,845,000 after purchasing an additional 31,109 shares in the last quarter. Vanguard Group Inc. increased its stake in Legacy Housing by 9.5% during the 1st quarter. Vanguard Group Inc. now owns 460,417 shares of the company’s stock worth $9,880,000 after buying an additional 39,993 shares during the period. Renaissance Technologies LLC grew its stake in shares of Legacy Housing by 44.8% in the first quarter. Renaissance Technologies LLC now owns 34,600 shares of the company’s stock worth $743,000 after acquiring an additional 10,713 shares in the last quarter. Finally, State Street Corp increased its position in shares of Legacy Housing by 3.2% during the first quarter. State Street Corp now owns 142,404 shares of the company’s stock worth $3,056,000 after acquiring an additional 4,413 shares during the period. 25.19% of the stock is owned by institutional investors and hedge funds.
Legacy Housing Company Profile
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.