Beazer Homes USA, Inc. (NYSE:BZH) CFO Sells $194,187.42 in Stock

Beazer Homes USA, Inc. (NYSE:BZH) CFO David I. Goldberg sold 6,057 shares of Beazer Homes USA stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $32.06, for a total transaction of $194,187.42. Following the completion of the sale, the chief financial officer now directly owns 131,004 shares of the company’s stock, valued at approximately $4,199,988.24. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Beazer Homes USA Trading Down 0.2 %

NYSE:BZH opened at $31.98 on Thursday. Beazer Homes USA, Inc. has a 52 week low of $25.48 and a 52 week high of $35.20. The firm has a 50-day moving average price of $32.36 and a two-hundred day moving average price of $30.23. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.92 and a current ratio of 12.42. The firm has a market cap of $993.94 million, a price-to-earnings ratio of 6.89, a price-to-earnings-growth ratio of 1.36 and a beta of 2.18.

Wall Street Analyst Weigh In

Several research firms have recently commented on BZH. StockNews.com downgraded shares of Beazer Homes USA from a “hold” rating to a “sell” rating in a research report on Monday, August 5th. Zelman & Associates reissued an “underperform” rating on shares of Beazer Homes USA in a report on Tuesday, September 17th. Wedbush upgraded Beazer Homes USA from a “neutral” rating to an “outperform” rating and raised their target price for the company from $41.00 to $45.00 in a report on Thursday, September 5th. Finally, B. Riley lowered their price target on Beazer Homes USA from $38.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $39.67.

Institutional Trading of Beazer Homes USA

A number of hedge funds have recently bought and sold shares of the business. Innealta Capital LLC purchased a new stake in shares of Beazer Homes USA during the 2nd quarter valued at $88,000. Metis Global Partners LLC bought a new stake in Beazer Homes USA in the third quarter worth about $201,000. Harbor Capital Advisors Inc. boosted its stake in Beazer Homes USA by 10.7% in the second quarter. Harbor Capital Advisors Inc. now owns 9,982 shares of the construction company’s stock valued at $274,000 after acquiring an additional 967 shares during the last quarter. Creative Planning bought a new position in shares of Beazer Homes USA during the 3rd quarter valued at approximately $286,000. Finally, SG Americas Securities LLC increased its stake in shares of Beazer Homes USA by 25.1% during the 3rd quarter. SG Americas Securities LLC now owns 10,032 shares of the construction company’s stock worth $343,000 after purchasing an additional 2,014 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors.

About Beazer Homes USA

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.