Barclays PLC Purchases 12,939 Shares of Legacy Housing Co. (NASDAQ:LEGH)

Barclays PLC boosted its stake in shares of Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 294.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,338 shares of the company's stock after acquiring an additional 12,939 shares during the quarter. Barclays PLC owned approximately 0.07% of Legacy Housing worth $474,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LEGH. Bank of New York Mellon Corp increased its holdings in shares of Legacy Housing by 7.8% in the second quarter. Bank of New York Mellon Corp now owns 59,517 shares of the company's stock valued at $1,365,000 after purchasing an additional 4,287 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Legacy Housing by 13.8% in the 2nd quarter. Rhumbline Advisers now owns 17,796 shares of the company's stock valued at $408,000 after buying an additional 2,152 shares during the period. American Century Companies Inc. raised its position in shares of Legacy Housing by 1.1% during the second quarter. American Century Companies Inc. now owns 180,736 shares of the company's stock worth $4,146,000 after acquiring an additional 2,014 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Legacy Housing by 17.1% during the second quarter. Dimensional Fund Advisors LP now owns 609,217 shares of the company's stock worth $13,975,000 after acquiring an additional 88,921 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Legacy Housing by 161.0% during the second quarter. Renaissance Technologies LLC now owns 40,200 shares of the company's stock valued at $922,000 after acquiring an additional 24,800 shares during the period. Institutional investors and hedge funds own 89.35% of the company's stock.

Insider Activity

In other news, Director Curtis Drew Hodgson sold 10,468 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $23.65, for a total value of $247,568.20. Following the transaction, the director now owns 394,254 shares of the company's stock, valued at $9,324,107.10. This represents a 2.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last quarter, insiders have sold 166,520 shares of company stock valued at $4,252,989. 30.60% of the stock is currently owned by insiders.

Legacy Housing Stock Up 2.3 %

LEGH stock traded up $0.56 during midday trading on Friday, reaching $25.06. The stock had a trading volume of 71,055 shares, compared to its average volume of 66,996. The firm has a market cap of $605.45 million, a price-to-earnings ratio of 11.55 and a beta of 1.10. Legacy Housing Co. has a twelve month low of $19.42 and a twelve month high of $29.31. The business has a fifty day simple moving average of $25.03 and a two-hundred day simple moving average of $25.86.

About Legacy Housing

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.