The EVP, COO of Meritage Corp (MTH) is Selling Shares


Today, the EVP, COO of Meritage Corp (MTH), Phillippe Lord, sold shares of MTH for $152.3K.

Following Phillippe Lord’s last MTH Sell transaction on March 08, 2019, the stock climbed by 6.9%. In addition to Phillippe Lord, one other MTH executive reported Sell trades in the last month.

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MTH’s market cap is $1.91B and the company has a P/E ratio of 9.65. Currently, Meritage Corp has an average volume of 136.7K.

Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $45.00, reflecting a -10.3% downside.

The insider sentiment on Meritage Corp has been negative according to 25 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses.

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