Legacy Housing Co. (NASDAQ:LEGH - Get Free Report) shares traded down 5% on Tuesday . The company traded as low as $25.80 and last traded at $26.41. 54,283 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 77,517 shares. The stock had previously closed at $27.79.
Legacy Housing Trading Down 3.0 %
The stock's fifty day moving average price is $25.25 and its two-hundred day moving average price is $25.99. The firm has a market capitalization of $622.99 million, a price-to-earnings ratio of 11.88 and a beta of 1.09.
Insider Buying and Selling
In other Legacy Housing news, Chairman Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $25.96, for a total value of $449,108.00. Following the transaction, the chairman now directly owns 473,922 shares in the company, valued at approximately $12,303,015.12. The trade was a 3.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 106,152 shares of company stock worth $2,680,332 in the last ninety days. 30.60% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of LEGH. Voss Capital LP boosted its holdings in shares of Legacy Housing by 8.7% in the fourth quarter. Voss Capital LP now owns 928,599 shares of the company's stock valued at $22,918,000 after acquiring an additional 74,087 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Legacy Housing by 7.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 713,928 shares of the company's stock worth $17,619,000 after buying an additional 48,268 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Legacy Housing by 14.9% in the fourth quarter. Vanguard Group Inc. now owns 623,287 shares of the company's stock valued at $15,383,000 after purchasing an additional 80,982 shares in the last quarter. Advisory Research Inc. lifted its holdings in shares of Legacy Housing by 34.0% in the fourth quarter. Advisory Research Inc. now owns 472,935 shares of the company's stock valued at $11,672,000 after purchasing an additional 120,000 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Legacy Housing by 2.8% in the fourth quarter. Ameriprise Financial Inc. now owns 427,619 shares of the company's stock valued at $10,554,000 after buying an additional 11,612 shares during the last quarter. 89.35% of the stock is currently owned by institutional investors and hedge funds.
Legacy Housing Company Profile
(
Get Free Report)
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.
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