The CAO of LGI Homes (NASDAQ: LGIH) is Selling SharesBy Carrie Williams
In addition to Margaret Mary Britton, 12 other LGIH executives reported Sell trades in the last month. This is Britton’s first Sell trade following 8 Buy transactions.
Based on LGI Homes’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $237 million and quarterly net profit of $23.21 million. In comparison, last year the company earned revenue of $177 million and had a net profit of $15.73 million. The company has a one year high of $40.47 and a one year low of $22.51. LGIH’s market cap is $674.3M and the company has a P/E ratio of 9.46.
The insider sentiment on LGI Homes has been neutral according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
LGI Homes, Inc. engages in the design, construction, and sale of entry-level homes. It operates in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina and Colorado. It also offers no money down and credit counsel programs. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.