United Homes Group, Inc. (NASDAQ:UHG) CEO James M. Pirrello Buys 50,000 Shares

Posted by Marion Hillson on Dec 15th, 2024

United Homes Group, Inc. (NASDAQ:UHG – Get Free Report) CEO James M. Pirrello bought 50,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was purchased at an average cost of $5.00 per share, for a total transaction of $250,000.00. Following the completion of the acquisition, the chief executive officer now owns 50,000 shares in the company, valued at $250,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

United Homes Group Trading Up 0.9 %

United Homes Group stock opened at $4.46 on Friday. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.58 and a current ratio of 6.62. The stock has a 50-day simple moving average of $5.77 and a 200 day simple moving average of $5.89. The stock has a market capitalization of $215.91 million, a P/E ratio of -7.56 and a beta of 0.68. United Homes Group, Inc. has a 52 week low of $4.05 and a 52 week high of $9.48.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Stoneridge Investment Partners LLC bought a new stake in United Homes Group in the 3rd quarter valued at $298,000. Y Intercept Hong Kong Ltd acquired a new position in shares of United Homes Group in the third quarter valued at $97,000. Finally, Barclays PLC raised its position in shares of United Homes Group by 260.8% in the third quarter. Barclays PLC now owns 7,500 shares of the company’s stock valued at $46,000 after purchasing an additional 5,421 shares during the period. 88.85% of the stock is currently owned by institutional investors.

United Homes Group Company Profile

(Get Free Report)

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.