The Executive VP of Acquisitions of LGI Homes (NASDAQ: LGIH) is Selling Shares

By Carrie Williams

Today, the Executive VP of Acquisitions of LGI Homes (NASDAQ: LGIH), Jack Anthony Lipar, sold shares of LGIH for $109.9K.

Following Jack Anthony Lipar’s last LGIH Sell transaction on March 17, 2016, the stock climbed by 8.8%. In addition to Jack Anthony Lipar, 11 other LGIH executives reported Sell trades in the last month.

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 29 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Jack Anthony Lipar’s trades have generated a -1.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.