United Homes Group, Inc. (NASDAQ:UHG) Stake Increased by Barclays PLC

Barclays PLC raised its stake in shares of United Homes Group, Inc. (NASDAQ:UHG) by 260.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,500 shares of the company’s stock after acquiring an additional 5,421 shares during the quarter. Barclays PLC’s holdings in United Homes Group were worth $46,000 at the end of the most recent quarter.

Separately, Y Intercept Hong Kong Ltd acquired a new position in shares of United Homes Group during the third quarter valued at $97,000. 88.85% of the stock is owned by institutional investors.

Insider Transactions at United Homes Group

In related news, Director Michael Simanovsky sold 3,246,275 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $4.75, for a total value of $15,419,806.25. Following the completion of the sale, the director now owns 1,775,725 shares in the company, valued at approximately $8,434,693.75. This represents a 64.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James M. Pirrello acquired 50,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were acquired at an average price of $5.00 per share, with a total value of $250,000.00. Following the completion of the transaction, the chief executive officer now directly owns 50,000 shares in the company, valued at approximately $250,000. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders purchased 65,000 shares of company stock valued at $318,350. Company insiders own 85.30% of the company’s stock.

United Homes Group Trading Down 5.6 %

United Homes Group stock opened at $3.85 on Friday. The firm has a 50-day moving average price of $5.23 and a two-hundred day moving average price of $5.66. United Homes Group, Inc. has a 52-week low of $3.77 and a 52-week high of $9.08. The firm has a market capitalization of $186.37 million, a price-to-earnings ratio of -6.53 and a beta of 0.79. The company has a quick ratio of 1.58, a current ratio of 6.62 and a debt-to-equity ratio of 7.16.

United Homes Group Profile

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.