Insider Selling: Legacy Housing Co. (NASDAQ:LEGH) Director Sells $423,677.00 in Stock

Legacy Housing Co. (NASDAQ:LEGH) Director Curtis Drew Hodgson sold 17,300 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $24.49, for a total value of $423,677.00. Following the transaction, the director now directly owns 422,022 shares in the company, valued at approximately $10,335,318.78. This represents a 3.94 % decrease in their position. The transaction was disclosed in a 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 stock was 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 shares were 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 stock was 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 shares were sold at an average price of $25.60, for a total transaction 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 shares were sold at an average price of $27.31, for a total value 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 value 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 Price Performance

Legacy Housing stock opened at $24.91 on Thursday. The firm has a market capitalization of $601.83 million, a price-to-earnings ratio of 11.48 and a beta of 1.10. The company’s 50 day simple moving average is $25.80 and its 200 day simple moving average is $25.73. Legacy Housing Co. has a fifty-two week low of $19.42 and a fifty-two week high of $29.31.

Hedge Funds Weigh In On Legacy Housing

A number of hedge funds and other institutional investors have recently made changes to their positions in LEGH. Barclays PLC increased its position in shares of Legacy Housing by 294.1% in the 3rd quarter. Barclays PLC now owns 17,338 shares of the company’s stock valued at $474,000 after buying an additional 12,939 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Legacy Housing by 17.8% in the third quarter. Geode Capital Management LLC now owns 269,325 shares of the company’s stock worth $7,367,000 after acquiring an additional 40,729 shares in the last quarter. ABS Direct Equity Fund LLC raised its position in shares of Legacy Housing by 3.3% during the third quarter. ABS Direct Equity Fund LLC now owns 50,000 shares of the company’s stock worth $1,368,000 after purchasing an additional 1,574 shares during the period. State Street Corp lifted its holdings in shares of Legacy Housing by 5.9% during the 3rd quarter. State Street Corp now owns 207,972 shares of the company’s stock valued at $5,688,000 after purchasing an additional 11,599 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Legacy Housing in the 3rd quarter valued at approximately $3,211,000. 89.35% of the stock is owned by institutional investors.

About Legacy Housing

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.