Wedbush Reaffirms "Outperform" Rating for Landsea Homes (NASDAQ:LSEA)

Wedbush reissued their outperform rating on shares of Landsea Homes (NASDAQ:LSEA - Free Report) in a research note published on Wednesday morning,Benzinga reports. They currently have a $15.00 price objective on the stock. Wedbush also issued estimates for Landsea Homes' Q1 2026 earnings at ($0.10) EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.25 EPS and Q4 2026 earnings at $0.71 EPS.

LSEA has been the subject of a number of other reports. Barclays lowered their target price on shares of Landsea Homes from $9.00 to $7.00 and set an "equal weight" rating for the company in a report on Monday, March 3rd. B. Riley restated a "buy" rating and issued a $18.00 target price (up from $17.00) on shares of Landsea Homes in a report on Tuesday, November 5th.

Landsea Homes Trading Down 2.6 %

Shares of NASDAQ:LSEA traded down $0.19 during trading on Wednesday, reaching $7.22. The stock had a trading volume of 298,606 shares, compared to its average volume of 313,798. Landsea Homes has a fifty-two week low of $6.54 and a fifty-two week high of $14.91. The business has a fifty day moving average price of $8.05 and a 200-day moving average price of $10.13. The stock has a market cap of $262.30 million, a P/E ratio of 10.03, a PEG ratio of 0.45 and a beta of 1.28. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.78.

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Insiders Place Their Bets

In other news, Director Ming Tian sold 2,521,740 shares of the company's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $10.25, for a total value of $25,847,835.00. Following the completion of the transaction, the director now directly owns 6,543,411 shares in the company, valued at approximately $67,069,962.75. This represents a 27.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Huaijun Chen sold 3,565,217 shares of the company's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $10.25, for a total transaction of $36,543,474.25. Following the completion of the transaction, the insider now owns 534,783 shares of the company's stock, valued at $5,481,525.75. This trade represents a 86.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 51.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC boosted its stake in shares of Landsea Homes by 87.0% in the third quarter. Barclays PLC now owns 209,290 shares of the company's stock valued at $2,585,000 after purchasing an additional 97,391 shares during the period. Wellington Management Group LLP boosted its stake in shares of Landsea Homes by 20.8% in the third quarter. Wellington Management Group LLP now owns 694,900 shares of the company's stock valued at $8,582,000 after purchasing an additional 119,500 shares during the period. Sanctuary Advisors LLC boosted its stake in shares of Landsea Homes by 36.6% in the fourth quarter. Sanctuary Advisors LLC now owns 54,012 shares of the company's stock valued at $473,000 after purchasing an additional 14,464 shares during the period. Mill Road Capital Management LLC boosted its stake in shares of Landsea Homes by 18.2% in the third quarter. Mill Road Capital Management LLC now owns 912,857 shares of the company's stock valued at $11,274,000 after purchasing an additional 140,786 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in Landsea Homes by 88.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 93,526 shares of the company's stock valued at $794,000 after acquiring an additional 43,909 shares in the last quarter. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

About Landsea Homes

Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities.