Today, the CEO & COB of LGI Homes (LGIH), Eric Thomas Lipar, sold shares of LGIH for $2.3M.
In addition to Eric Thomas Lipar, 4 other LGIH executives reported Sell trades in the last month.
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Based on LGI Homes’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $425 million and quarterly net profit of $42.65 million. In comparison, last year the company earned revenue of $405 million and had a net profit of $35.64 million. LGIH’s market cap is $1.3B and the company has a P/E ratio of 9.15. Currently, LGI Homes has an average volume of 318K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $61.00, reflecting a 11.2% upside.
The insider sentiment on LGI Homes has been negative according to 21 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Eric Thomas Lipar’s trades have generated a -21.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes. It also deals with the residential land development business. It operates through the following segments: Central, West, Southeast, Florida, and Northwest. The company was founded by Eric Thomas Lipar in 2003 and is headquartered in The Woodlands, TX.
