Insider Selling: Legacy Housing Co. (NASDAQ:LEGH) Director Sells 17,300 Shares of Stock

Legacy Housing Co. (NASDAQ:LEGH) Director Curtis Drew Hodgson sold 17,300 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of $24.49, for a total transaction of $423,677.00. Following the completion of the transaction, the director now owns 422,022 shares in the company, valued at approximately $10,335,318.78. This represents a 3.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Curtis Drew Hodgson also recently made the following trade(s):

• On Monday, December 16th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $25.20, for a total value of $435,960.00.
• On Monday, December 9th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $25.42, for a total value of $439,766.00.
• On Monday, December 2nd, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $25.96, for a total transaction of $449,108.00.
• On Monday, November 25th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The shares were sold at an average price of $26.53, for a total transaction of $458,969.00.
• On Thursday, November 21st, Curtis Drew Hodgson sold 6,000 shares of Legacy Housing stock. The stock was sold at an average price of $25.60, for a total value of $153,600.00.
• On Monday, November 18th, Curtis Drew Hodgson sold 11,300 shares of Legacy Housing stock. The stock was sold at an average price of $25.64, for a total transaction of $289,732.00.
• On Wednesday, November 13th, Curtis Drew Hodgson sold 500 shares of Legacy Housing stock. The stock was sold at an average price of $27.31, for a total transaction of $13,655.00.
• On Monday, November 11th, Curtis Drew Hodgson sold 16,268 shares of Legacy Housing stock. The stock was sold at an average price of $27.52, for a total transaction of $447,695.36.
• On Monday, November 4th, Curtis Drew Hodgson sold 7,700 shares of Legacy Housing stock. The shares were sold at an average price of $25.57, for a total value of $196,889.00.
• On Monday, October 28th, Curtis Drew Hodgson sold 17,300 shares of Legacy Housing stock. The stock was sold at an average price of $25.20, for a total value of $435,960.00.

Legacy Housing Stock Up 0.2 %

LEGH traded up $0.06 during trading on Monday, hitting $24.77. 145,453 shares of the stock were exchanged, compared to its average volume of 65,175. The firm has a market capitalization of $598.39 million, a P/E ratio of 11.41 and a beta of 1.10. Legacy Housing Co. has a 1-year low of $19.42 and a 1-year high of $29.31. The stock has a fifty day moving average price of $25.88 and a two-hundred day moving average price of $25.70.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hotchkis & Wiley Capital Management LLC acquired a new position in Legacy Housing in the 3rd quarter valued at about $3,211,000. Cerity Partners LLC grew its stake in shares of Legacy Housing by 141.3% in the 3rd quarter. Cerity Partners LLC now owns 178,276 shares of the company’s stock valued at $4,876,000 after purchasing an additional 104,386 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Legacy Housing by 17.1% during the second quarter. Dimensional Fund Advisors LP now owns 609,217 shares of the company’s stock worth $13,975,000 after purchasing an additional 88,921 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Legacy Housing by 193.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 91,453 shares of the company’s stock worth $2,501,000 after purchasing an additional 60,292 shares during the period. Finally, Progeny 3 Inc. purchased a new position in Legacy Housing in the 2nd quarter valued at $1,019,000. 89.35% of the stock is owned by hedge funds and other institutional investors.

Legacy Housing Company Profile

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.