Legacy Housing Ownership

LEGH Stock  USD 25.85  0.32  1.25%   
Legacy Housing Corp maintains a total of 24.16 Million outstanding shares. Legacy Housing Corp holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2017-12-31
Previous Quarter
24.8 M
Current Value
24.8 M
Avarage Shares Outstanding
24.4 M
Quarterly Volatility
493.3 K
 
Covid
Some institutional investors establish a significant position in stocks such as Legacy Housing in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Legacy Housing, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The Legacy Housing's current Dividends Paid is estimated to increase to about 79.3 M, while Dividend Yield is projected to decrease to 0.04. The Legacy Housing's current Common Stock Shares Outstanding is estimated to increase to about 25.6 M, while Net Income Applicable To Common Shares is projected to decrease to under 39.2 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Legacy Stock Ownership Analysis

About 56.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.3. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Legacy Housing Corp had not issued any dividends in recent years. Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas. Legacy Housing operates under Residential Construction classification in the United States and is traded on NASDAQ Exchange. It employs 880 people. To find out more about Legacy Housing Corp contact Robert Bates at 817 799 4900 or learn more at https://www.legacyhousingcorp.com.
Besides selling stocks to institutional investors, Legacy Housing also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Legacy Housing's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Legacy Housing's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Legacy Housing Quarterly Liabilities And Stockholders Equity

521.4 Million

Legacy Housing Insider Trades History

About 56.0% of Legacy Housing Corp are currently held by insiders. Unlike Legacy Housing's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Legacy Housing's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Legacy Housing's insider trades
 
Covid

Legacy Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Legacy Housing is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Legacy Housing Corp backward and forwards among themselves. Legacy Housing's institutional investor refers to the entity that pools money to purchase Legacy Housing's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
State Street Corp2024-09-30
208 K
Bard Associates Inc2024-09-30
197.4 K
Hpm Partners Llc2024-09-30
178.3 K
Robotti Robert2024-09-30
128 K
Hotchkis & Wiley Capital Management Llc2024-09-30
117.4 K
American Century Companies Inc2024-09-30
116.9 K
Meixler Investment Management, Ltd.2024-09-30
106.9 K
Northern Trust Corp2024-09-30
96.6 K
Charles Schwab Investment Management Inc2024-09-30
91.5 K
Voss Capital Llc2024-09-30
854.5 K
Dimensional Fund Advisors, Inc.2024-09-30
665.7 K
Note, although Legacy Housing's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Legacy Housing Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Legacy Housing insiders, such as employees or executives, is commonly permitted as long as it does not rely on Legacy Housing's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Legacy Housing insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Curtis Hodgson 2 days ago
Disposition of 17300 shares by Curtis Hodgson of Legacy Housing at 25.42 subject to Rule 16b-3
 
Curtis Hodgson over three weeks ago
Disposition of 16268 shares by Curtis Hodgson of Legacy Housing at 27.52 subject to Rule 16b-3
 
Curtis Hodgson over a month ago
Disposition of 7700 shares by Curtis Hodgson of Legacy Housing at 25.57 subject to Rule 16b-3
 
Curtis Hodgson over a month ago
Disposition of 17300 shares by Curtis Hodgson of Legacy Housing at 25.2 subject to Rule 16b-3
 
Curtis Hodgson over a month ago
Disposition of 1300 shares by Curtis Hodgson of Legacy Housing at 27.02 subject to Rule 16b-3
 
Shipley Douglas M over a month ago
Disposition of 34000 shares by Shipley Douglas M of Legacy Housing at 24.4 subject to Rule 16b-3
 
Curtis Hodgson over two months ago
Disposition of 9180 shares by Curtis Hodgson of Legacy Housing at 26.27 subject to Rule 16b-3
 
Curtis Hodgson over two months ago
Disposition of 5288 shares by Curtis Hodgson of Legacy Housing at 26.29 subject to Rule 16b-3
 
Curtis Hodgson over two months ago
Disposition of 2333 shares by Curtis Hodgson of Legacy Housing at 26.27 subject to Rule 16b-3
 
Curtis Hodgson over two months ago
Disposition of 499 shares by Curtis Hodgson of Legacy Housing at 26.27 subject to Rule 16b-3
 
Curtis Hodgson over two months ago
Disposition of 17300 shares by Curtis Hodgson of Legacy Housing at 27.27 subject to Rule 16b-3
 
Curtis Hodgson over two months ago
Disposition of 1060 shares by Curtis Hodgson of Legacy Housing at 27.74 subject to Rule 16b-3

Legacy Housing Outstanding Bonds

Legacy Housing issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Legacy Housing Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Legacy bonds can be classified according to their maturity, which is the date when Legacy Housing Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Legacy Housing Corporate Filings

F4
10th of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
9th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
2nd of December 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
10Q
12th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify

Currently Active Assets on Macroaxis

When determining whether Legacy Housing Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legacy Housing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Legacy Housing Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legacy Housing Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Legacy Housing. If investors know Legacy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.18
Revenue Per Share
6.744
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0711
Return On Equity
0.1193
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.