Landsea Homes Co. (NASDAQ:LSEA - Get Free Report) Director Thomas Hartfield sold 6,986 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $11.15, for a total value of $77,893.90. Following the sale, the director now owns 67,181 shares of the company's stock, valued at approximately $749,068.15. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Landsea Homes Price Performance
Landsea Homes stock opened at $11.08 on Friday. The business has a 50 day simple moving average of $11.81 and a 200 day simple moving average of $10.93. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.81 and a quick ratio of 2.70. The company has a market capitalization of $401.98 million, a PE ratio of 15.39, a price-to-earnings-growth ratio of 0.79 and a beta of 1.13. Landsea Homes Co. has a one year low of $8.28 and a one year high of $14.91.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its position in shares of Landsea Homes by 2.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,050,926 shares of the company's stock worth $9,658,000 after purchasing an additional 24,157 shares in the last quarter. Vanguard Group Inc. grew its stake in Landsea Homes by 0.8% during the first quarter. Vanguard Group Inc. now owns 774,128 shares of the company's stock worth $11,248,000 after buying an additional 6,159 shares during the last quarter. Acadian Asset Management LLC raised its stake in shares of Landsea Homes by 20.4% in the first quarter. Acadian Asset Management LLC now owns 701,711 shares of the company's stock valued at $10,191,000 after acquiring an additional 118,802 shares during the last quarter. First Washington CORP boosted its holdings in shares of Landsea Homes by 2.1% in the 2nd quarter. First Washington CORP now owns 668,971 shares of the company's stock worth $6,148,000 after acquiring an additional 13,485 shares in the last quarter. Finally, Hood River Capital Management LLC increased its holdings in Landsea Homes by 82.3% during the 1st quarter. Hood River Capital Management LLC now owns 482,339 shares of the company's stock valued at $7,008,000 after purchasing an additional 217,767 shares in the last quarter. 82.99% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
There is a little known company that is changing warfare
From Reticulate | Ad
With geo - political instability around the world investors are flocking to defense contract stocks.
There is a little known company that is changing warfare. With the backing of U.S. government contracts, this startup is reshaping the future of the U.S. military.
Click here to gain instant access to one of the most exclusive pre-ipo opportunities in the market t
LSEA has been the subject of several analyst reports. B. Riley restated a "buy" rating and issued a $18.00 target price (up from $17.00) on shares of Landsea Homes in a report on Tuesday. Wedbush lifted their price objective on Landsea Homes from $16.00 to $17.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. Oppenheimer raised their target price on Landsea Homes from $14.00 to $15.00 and gave the company an "outperform" rating in a report on Monday, August 5th. Finally, Barclays upped their price target on Landsea Homes from $10.00 to $12.00 and gave the stock an "equal weight" rating in a report on Friday, August 2nd.
Check Out Our Latest Research Report on LSEA
About Landsea Homes
(
Get Free Report)
Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].