Insider Buying: United Homes Group, Inc. (NASDAQ:UHG) VP Acquires $22,850.00 in Stock

Posted by Joseph McCarthy on Dec 15th, 2024

United Homes Group, Inc. (NASDAQ:UHG – Get Free Report) VP Robert Earl Jr. Penny acquired 5,000 shares of the stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of $4.57 per share, with a total value of $22,850.00. Following the completion of the transaction, the vice president now owns 6,000 shares of the company’s stock, valued at approximately $27,420. This represents a 500.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

United Homes Group Stock Up 0.9 %

Shares of UHG opened at $4.46 on Friday. United Homes Group, Inc. has a one year low of $4.05 and a one year high of $9.48. The company has a market cap of $215.91 million, a P/E ratio of -7.56 and a beta of 0.68. 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 firm has a 50 day simple moving average of $5.77 and a two-hundred day simple moving average of $5.89.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UHG. Barclays PLC increased its holdings in shares of United Homes Group by 260.8% during the third quarter. Barclays PLC now owns 7,500 shares of the company’s stock worth $46,000 after buying an additional 5,421 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of United Homes Group in the third quarter worth $97,000. Finally, Stoneridge Investment Partners LLC bought a new stake in United Homes Group during the third quarter valued at $298,000. 88.85% of the stock is currently owned by institutional investors and hedge funds.

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.