David I. Goldberg Sells 6,057 Shares of Beazer Homes USA, Inc. (NYSE:BZH) Stock

Beazer Homes USA, Inc. (NYSE:BZH) CFO David I. Goldberg sold 6,057 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $32.06, for a total value of $194,187.42. Following the sale, the chief financial officer now directly owns 131,004 shares of the company’s stock, valued at approximately $4,199,988.24. The trade was a 4.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Beazer Homes USA Trading Up 8.4 %

NYSE:BZH opened at $34.63 on Friday. Beazer Homes USA, Inc. has a twelve month low of $25.48 and a twelve month high of $38.22. The company has a quick ratio of 0.92, a current ratio of 12.42 and a debt-to-equity ratio of 0.91. The business has a 50 day moving average price of $32.40 and a two-hundred day moving average price of $30.25. The company has a market cap of $1.08 billion, a P/E ratio of 7.95, a price-to-earnings-growth ratio of 1.36 and a beta of 2.18.

Analyst Upgrades and Downgrades

BZH has been the subject of a number of research reports. B. Riley lowered their target price on Beazer Homes USA from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. StockNews.com cut Beazer Homes USA from a “hold” rating to a “sell” rating in a research note on Monday, August 5th. Zelman & Associates reissued an “underperform” rating on shares of Beazer Homes USA in a research note on Tuesday, September 17th. Finally, Wedbush raised Beazer Homes USA from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $41.00 to $45.00 in a research note on Thursday, September 5th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $39.67.

Hedge Funds Weigh In On Beazer Homes USA

A number of large investors have recently bought and sold shares of the company. Boston Partners acquired a new stake in shares of Beazer Homes USA in the 1st quarter valued at approximately $15,411,000. Donald Smith & CO. Inc. boosted its holdings in shares of Beazer Homes USA by 13.8% in the 1st quarter. Donald Smith & CO. Inc. now owns 2,943,211 shares of the construction company’s stock valued at $96,537,000 after buying an additional 356,569 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Beazer Homes USA by 711.4% in the 3rd quarter. Victory Capital Management Inc. now owns 225,453 shares of the construction company’s stock valued at $7,704,000 after buying an additional 197,666 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Beazer Homes USA by 52.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 545,983 shares of the construction company’s stock valued at $18,656,000 after buying an additional 188,084 shares during the last quarter. Finally, Carlson Capital L P boosted its holdings in shares of Beazer Homes USA by 63.9% in the 1st quarter. Carlson Capital L P now owns 333,600 shares of the construction company’s stock valued at $10,942,000 after buying an additional 130,100 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

About Beazer Homes USA

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.