A Director at DR Horton (DHI) is Selling Shares


Yesterday, a Director at DR Horton (DHI), Michael Hewatt, sold shares of DHI for $346.1K.

Following Michael Hewatt’s last DHI Sell transaction on August 27, 2018, the stock climbed by 4.7%. In addition to Michael Hewatt, 2 other DHI executives reported Sell trades in the last month.

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Based on DR Horton’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $4.91 billion and quarterly net profit of $475 million. In comparison, last year the company earned revenue of $4.44 billion and had a net profit of $454 million. The company has a one-year high of $49.62 and a one-year low of $32.39. DHI’s market cap is $18.09B and the company has a P/E ratio of 11.88.

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D.R. Horton, Inc. operates as a national homebuilder that engages in the construction and sale of single-family housing. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment includes the sub-segments East, Midwest, Southeast, South Central, Southwest, and West regions.

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