Rep. Tim Moore Acquires LGI Homes, Inc. (NASDAQ:LGIH) Shares

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 $15,001 and $50,000 in LGI Homes stock on March 18th.

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 $50,001 – $100,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/19/2026.
• 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 Stock Performance

Shares of LGIH stock opened at $39.36 on Friday. The firm has a 50 day moving average of $49.73 and a two-hundred day moving average of $49.22. The stock has a market capitalization of $910.40 million, a PE ratio of 12.58 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. LGI Homes, Inc. has a 52 week low of $33.55 and a 52 week high of $70.31.

LGI Homes (NASDAQ:LGIH) last posted its quarterly earnings data on Tuesday, February 17th. The financial services provider reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.01. The business had revenue of $473.97 million for the quarter, compared to analyst estimates of $479.60 million. LGI Homes had a return on equity of 4.08% and a net margin of 4.25%.The company’s revenue was down 15.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.15 earnings per share. On average, research analysts predict that LGI Homes, Inc. will post 8.46 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on LGIH. Weiss Ratings reaffirmed a “sell (d)” rating on shares of LGI Homes in a research report on Monday, December 29th. Citizens Jmp increased their price objective on shares of LGI Homes from $85.00 to $95.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 7th. Finally, Citigroup restated an “outperform” rating on shares of LGI Homes in a report on Wednesday, January 7th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, LGI Homes currently has an average rating of “Hold” and a consensus target price of $74.63.

Institutional Investors Weigh In On LGI Homes

Several hedge funds and other institutional investors have recently made changes to their positions in LGIH. Royal Bank of Canada boosted its holdings in LGI Homes by 58.7% in the first quarter. Royal Bank of Canada now owns 4,721 shares of the financial services provider’s stock valued at $313,000 after purchasing an additional 1,746 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in LGI Homes by 5.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,502 shares of the financial services provider’s stock valued at $831,000 after acquiring an additional 621 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in LGI Homes by 5.3% in the first quarter. Goldman Sachs Group Inc. now owns 250,142 shares of the financial services provider’s stock valued at $16,627,000 after acquiring an additional 12,524 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of LGI Homes by 4.8% during the second quarter. PNC Financial Services Group Inc. now owns 5,976 shares of the financial services provider’s stock worth $308,000 after purchasing an additional 275 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its holdings in shares of LGI Homes by 10.1% during the second 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 purchasing an additional 447 shares during the last quarter. Institutional investors and hedge funds own 84.89% of the company’s stock.

Insider Transactions at LGI Homes

In other news, COO Michael Larry Snider sold 6,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.04, for a total value of $252,240.00. Following the completion of the sale, the chief operating officer directly owned 175,556 shares of the company’s stock, valued at approximately $7,380,374.24. The trade was a 3.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Charles Michael Merdian sold 7,211 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.04, for a total value of $303,150.44. Following the completion of the sale, the chief financial officer directly owned 20,540 shares of the company’s stock, valued at approximately $863,501.60. This trade represents a 25.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 22,451 shares of company stock worth $943,840. Corporate insiders own 12.60% of the company’s stock.

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.

LGI Homes Company Profile

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.