State Street Corp Buys 11,599 Shares of Legacy Housing Co. (NASDAQ:LEGH)

State Street Corp increased its holdings in shares of Legacy Housing Co. (NASDAQ:LEGH) by 5.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 207,972 shares of the company’s stock after acquiring an additional 11,599 shares during the period. State Street Corp owned about 0.86% of Legacy Housing worth $5,688,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Innealta Capital LLC acquired a new stake in shares of Legacy Housing during the second quarter worth approximately $28,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Legacy Housing during the 3rd quarter worth $85,000. SG Americas Securities LLC acquired a new stake in Legacy Housing in the third quarter worth about $121,000. BNP Paribas Financial Markets raised its holdings in Legacy Housing by 17.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company’s stock worth $153,000 after purchasing an additional 848 shares during the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in Legacy Housing in the third quarter valued at approximately $292,000. 89.35% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Chairman Curtis Drew Hodgson sold 5,288 shares of the business’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $26.29, for a total value of $139,021.52. Following the completion of the transaction, the chairman now owns 605,121 shares of the company’s stock, valued at $15,908,631.09. The trade was a 0.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 196,435 shares of company stock valued at $5,102,263 in the last ninety days. 30.60% of the stock is owned by insiders.

Legacy Housing Trading Down 1.5 %

NASDAQ:LEGH opened at $24.80 on Friday. Legacy Housing Co. has a 1-year low of $19.42 and a 1-year high of $29.31. The firm has a market capitalization of $599.12 million, a price-to-earnings ratio of 11.43 and a beta of 1.10. The business’s 50-day moving average price is $25.66 and its two-hundred day moving average price is $25.75.

Legacy Housing Company Profile

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.