Capital Impact Advisors LLC Buys 800 Shares of Legacy Housing Co. (NASDAQ:LEGH)

Capital Impact Advisors LLC raised its position in shares of Legacy Housing Co. (NASDAQ:LEGH – Get Rating) by 48.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,439 shares of the company’s stock after buying an additional 800 shares during the period. Capital Impact Advisors LLC’s holdings in Legacy Housing were worth $41,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LEGH. BNP Paribas Arbitrage SA increased its holdings in shares of Legacy Housing by 102.5% during the second quarter. BNP Paribas Arbitrage SA now owns 2,703 shares of the company’s stock valued at $35,000 after acquiring an additional 1,368 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Legacy Housing during the 3rd quarter worth approximately $51,000. BNP Paribas Arbitrage SNC increased its position in shares of Legacy Housing by 54.8% during the third quarter. BNP Paribas Arbitrage SNC now owns 4,183 shares of the company’s stock worth $72,000 after purchasing an additional 1,480 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of Legacy Housing by 64.3% in the second quarter. Lazard Asset Management LLC now owns 6,205 shares of the company’s stock valued at $80,000 after buying an additional 2,428 shares during the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of Legacy Housing in the second quarter valued at approximately $131,000. Hedge funds and other institutional investors own 21.57% of the company’s stock.

Legacy Housing Price Performance

Shares of LEGH stock opened at $22.33 on Friday. The firm’s 50-day moving average is $20.02 and its two-hundred day moving average is $18.37. Legacy Housing Co. has a 12 month low of $11.96 and a 12 month high of $25.61. The company has a market capitalization of $545.08 million, a PE ratio of 9.00 and a beta of 0.78.

Insider Activity

In other Legacy Housing news, major shareholder William G. Shipley sold 1,909 shares of the firm’s stock in a transaction on Thursday, March 9th. The stock was sold at an average price of $20.10, for a total transaction of $38,370.90. Following the completion of the sale, the insider now owns 3,024,758 shares of the company’s stock, valued at $60,797,635.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Chairman Curtis Drew Hodgson sold 14,568 shares of the company’s stock in a transaction that occurred on Tuesday, January 3rd. The shares were sold at an average price of $18.67, for a total value of $271,984.56. Following the transaction, the chairman now directly owns 1,709,018 shares in the company, valued at approximately $31,907,366.06. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder William G. Shipley sold 1,909 shares of the stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $20.10, for a total transaction of $38,370.90. Following the transaction, the insider now directly owns 3,024,758 shares of the company’s stock, valued at approximately $60,797,635.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 271,980 shares of company stock valued at $5,387,266. 38.40% of the stock is currently owned by company insiders.

Legacy Housing Company Profile

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Legacy Housing Corp. engages in the selling, building, and financing manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured home communities. Its products include tiny homes, singlewide, doublewide, the ultimate home, oilfield/workforce, and park housing.