Legacy Housing Co. (NASDAQ:LEGH) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC boosted its position in shares of Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 17.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 269,325 shares of the company's stock after buying an additional 40,729 shares during the quarter. Geode Capital Management LLC owned 1.11% of Legacy Housing worth $7,367,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. ABS Direct Equity Fund LLC lifted its stake in Legacy Housing by 3.3% in the third quarter. ABS Direct Equity Fund LLC now owns 50,000 shares of the company's stock worth $1,368,000 after purchasing an additional 1,574 shares during the last quarter. Barclays PLC raised its holdings in shares of Legacy Housing by 294.1% in the third quarter. Barclays PLC now owns 17,338 shares of the company's stock worth $474,000 after buying an additional 12,939 shares during the period. State Street Corp lifted its stake in shares of Legacy Housing by 5.9% during the 3rd quarter. State Street Corp now owns 207,972 shares of the company's stock worth $5,688,000 after acquiring an additional 11,599 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new position in Legacy Housing during the 3rd quarter valued at $3,211,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Legacy Housing in the 3rd quarter valued at $85,000. Institutional investors own 89.35% of the company's stock.

Legacy Housing Stock Down 1.1 %

LEGH stock traded down $0.27 during trading on Friday, hitting $23.73. The company had a trading volume of 64,165 shares, compared to its average volume of 67,833. The firm has a market capitalization of $573.27 million, a P/E ratio of 10.94 and a beta of 1.10. Legacy Housing Co. has a 52-week low of $19.42 and a 52-week high of $29.31. The company has a 50 day simple moving average of $25.54 and a 200-day simple moving average of $25.77.

Insider Activity at Legacy Housing

In other news, Chairman Curtis Drew Hodgson sold 9,180 shares of Legacy Housing stock in a transaction on Friday, October 11th. The stock was sold at an average price of $26.27, for a total value of $241,158.60. Following the transaction, the chairman now directly owns 595,941 shares in the company, valued at approximately $15,655,370.07. This trade represents a 1.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 188,319 shares of company stock worth $4,855,776. Company insiders own 30.60% of the company's stock.

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.