Royce & Associates LP Has $10.13 Million Stake in Legacy Housing Co. (NASDAQ:LEGH)

Royce & Associates LP lowered its position in Legacy Housing Co. (NASDAQ:LEGH - Free Report) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 410,595 shares of the company's stock after selling 13,441 shares during the quarter. Royce & Associates LP owned approximately 1.70% of Legacy Housing worth $10,133,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Legacy Housing in the 3rd quarter valued at approximately $85,000. JPMorgan Chase & Co. lifted its stake in Legacy Housing by 11.1% in the third quarter. JPMorgan Chase & Co. now owns 5,423 shares of the company's stock valued at $148,000 after acquiring an additional 543 shares during the last quarter. BNP Paribas Financial Markets grew its position in Legacy Housing by 17.8% in the third quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company's stock worth $153,000 after acquiring an additional 848 shares in the last quarter. Exchange Traded Concepts LLC increased its stake in shares of Legacy Housing by 9.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 11,706 shares of the company's stock worth $289,000 after purchasing an additional 1,030 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Legacy Housing by 294.1% during the 3rd quarter. Barclays PLC now owns 17,338 shares of the company's stock valued at $474,000 after purchasing an additional 12,939 shares in the last quarter. 89.35% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling

In related news, Director Curtis Drew Hodgson sold 17,300 shares of the business's stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $24.49, for a total transaction of $423,677.00. Following the completion of the transaction, the director now owns 422,022 shares of the company's stock, valued at approximately $10,335,318.78. The trade was a 3.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders sold 36,952 shares of company stock valued at $896,529. Company insiders own 30.60% of the company's stock.

Legacy Housing Price Performance

NASDAQ:LEGH traded down $0.37 during trading hours on Friday, reaching $25.74. The company's stock had a trading volume of 139,174 shares, compared to its average volume of 70,061. The company has a market cap of $621.08 million, a price-to-earnings ratio of 11.86 and a beta of 1.16. Legacy Housing Co. has a one year low of $19.42 and a one year high of $29.31. The business's 50-day moving average is $25.61 and its 200-day moving average is $25.85.

Legacy Housing (NASDAQ:LEGH - Get Free Report) last issued its quarterly earnings data on Wednesday, March 12th. The company reported $0.59 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.07. Legacy Housing had a return on equity of 11.85% and a net margin of 33.11%. The business had revenue of $54.19 million for the quarter, compared to the consensus estimate of $44.59 million.

Legacy Housing Profile

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.