Barclays PLC Boosts Holdings in Legacy Housing Co. (NASDAQ:LEGH)

Barclays PLC grew its stake in Legacy Housing Co. (NASDAQ:LEGH) by 294.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,338 shares of the company’s stock after buying an additional 12,939 shares during the quarter. Barclays PLC owned approximately 0.07% of Legacy Housing worth $474,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LEGH. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Legacy Housing during the third quarter valued at about $85,000. SG Americas Securities LLC purchased a new position in Legacy Housing during the 3rd quarter valued at about $121,000. BNP Paribas Financial Markets lifted its holdings in Legacy Housing by 17.8% during the third quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company’s stock worth $153,000 after buying an additional 848 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of Legacy Housing in the 3rd quarter valued at about $292,000. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of Legacy Housing in the 3rd quarter worth $365,000. Institutional investors own 89.35% of the company’s stock.

Insider Transactions at Legacy Housing

In other Legacy Housing news, Chairman Curtis Drew Hodgson sold 1,300 shares of the firm’s stock in a transaction on Monday, October 21st. The stock was sold at an average price of $27.02, for a total value of $35,126.00. Following the transaction, the chairman now owns 577,341 shares in the company, valued at approximately $15,599,753.82. This trade represents a 0.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold 166,520 shares of company stock valued at $4,252,989 in the last 90 days. 30.60% of the stock is currently owned by company insiders.

Legacy Housing Price Performance

Shares of LEGH opened at $25.06 on Friday. The company’s fifty day moving average price is $25.03 and its 200-day moving average price is $25.83. The firm has a market capitalization of $605.45 million, a PE ratio of 11.55 and a beta of 1.10. Legacy Housing Co. has a 1-year low of $19.42 and a 1-year high of $29.31.

Legacy Housing 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.