Representative Tim Moore (Republican-North Carolina) recently bought shares of LGI Homes, Inc. (NASDAQ:LGIH). In a filing disclosed on March 24th, the Representative disclosed that they had bought between $50,001 and $100,000 in LGI Homes stock on March 19th.
Representative Tim Moore also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) on 3/23/2026.
- Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/20/2026.
- Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/18/2026.
- Sold $15,001 – $50,000 in shares of Krispy Kreme (NASDAQ:DNUT) on 3/17/2026.
- Purchased $1,001 – $15,000 in shares of Simply Good Foods (NASDAQ:SMPL) on 3/13/2026.
- Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/12/2026.
- Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/12/2026.
- Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 2/18/2026.
- Purchased $1,001 – $15,000 in shares of Krispy Kreme (NASDAQ:DNUT) on 2/12/2026.
- Purchased $15,001 – $50,000 in shares of Simply Good Foods (NASDAQ:SMPL) on 2/11/2026.
LGI Homes Price Performance
Shares of LGI Homes stock opened at $39.34 on Thursday. The company has a market capitalization of $909.93 million, a price-to-earnings ratio of 12.57 and a beta of 1.88. The company has a quick ratio of 0.76, a current ratio of 20.98 and a debt-to-equity ratio of 0.79. The stock’s 50-day simple moving average is $50.03 and its 200-day simple moving average is $49.29. LGI Homes, Inc. has a 52 week low of $33.55 and a 52 week high of $72.28.
Insider Activity
In related news, COO Michael Larry Snider sold 7,887 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $42.04, for a total transaction of $331,569.48. Following the sale, the chief operating officer owned 30,517 shares of the company’s stock, valued at $1,282,934.68. This represents a 20.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Charles Michael Merdian sold 7,211 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $42.04, for a total transaction of $303,150.44. Following the transaction, the chief financial officer owned 20,540 shares of the company’s stock, valued at $863,501.60. This trade represents a 25.98% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 22,451 shares of company stock worth $943,840. 12.60% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. Citigroup restated an “outperform” rating on shares of LGI Homes in a research note on Wednesday, January 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of LGI Homes in a research report on Monday, December 29th. Finally, Citizens Jmp boosted their target price on shares of LGI Homes from $85.00 to $95.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 7th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $74.63.
Get Our Latest Stock Report on LGIH
Institutional Investors Weigh In On LGI Homes
Several large investors have recently made changes to their positions in LGIH. Royal Bank of Canada boosted its stake in LGI Homes by 58.7% during the first quarter. Royal Bank of Canada now owns 4,721 shares of the financial services provider’s stock valued at $313,000 after buying an additional 1,746 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in LGI Homes by 5.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,502 shares of the financial services provider’s stock worth $831,000 after acquiring an additional 621 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in LGI Homes by 5.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 250,142 shares of the financial services provider’s stock worth $16,627,000 after acquiring an additional 12,524 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of LGI Homes by 4.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,976 shares of the financial services provider’s stock worth $308,000 after acquiring an additional 275 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its holdings in shares of LGI Homes by 10.1% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 4,892 shares of the financial services provider’s stock worth $252,000 after acquiring an additional 447 shares in the last quarter. 84.89% of the stock is owned by institutional investors.
About Representative Moore
Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina’s 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Moore (Republican Party) ran for election to the U.S. House to represent North Carolina’s 14th Congressional District. He won in the general election on November 5, 2024.
Moore served as speaker of the House from 2015 to 2025.
Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.
About LGI Homes
LGI Homes, Inc (NASDAQ: LGIH) is a residential homebuilder primarily focused on serving first-time and first-time move-up homebuyers in the United States. The company specializes in the acquisition, development and sale of affordable single-family homes and townhomes. LGI Homes operates through an integrated model that encompasses land sourcing, lot development, home construction, and post-closing customer support including warranty services.
In addition to its core homebuilding activities, LGI Homes offers ancillary services to streamline the homebuying process for its customers.
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