Insider Buying: United Homes Group, Inc. (NASDAQ:UHG) COO Buys 10,000 Shares of Stock

Posted by Liza Goodheart on Dec 16th, 2024

United Homes Group, Inc. (NASDAQ:UHG – Get Free Report) COO Ray Shelton Twine III bought 10,000 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was acquired at an average cost of $4.55 per share, for a total transaction of $45,500.00. Following the completion of the purchase, the chief operating officer now directly owns 196,736 shares in the company, valued at approximately $895,148.80. This represents a 5.36 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

United Homes Group Trading Up 0.9 %

UHG opened at $4.46 on Monday. The company has a debt-to-equity ratio of 7.16, a current ratio of 6.62 and a quick ratio of 1.58. The company’s 50 day simple moving average is $5.77 and its two-hundred day simple moving average is $5.90. United Homes Group, Inc. has a 1-year low of $4.05 and a 1-year high of $9.48. The firm has a market capitalization of $215.90 million, a price-to-earnings ratio of -7.56 and a beta of 0.68.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of UHG. Stoneridge Investment Partners LLC purchased a new position in United Homes Group in the 3rd quarter worth approximately $298,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of United Homes Group during the 3rd quarter valued at approximately $97,000. Finally, Barclays PLC raised its position in shares of United Homes Group by 260.8% during the 3rd quarter. Barclays PLC now owns 7,500 shares of the company’s stock valued at $46,000 after buying an additional 5,421 shares during the period. 88.85% of the stock is owned by hedge funds and other 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.