Yesterday, the CFO & Treasurer of LGI Homes (LGIH), Charles Michael Merdian, sold shares of LGIH for $660.3K.
In addition to Charles Michael Merdian, 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 $606 million and quarterly net profit of $64.87 million. In comparison, last year the company earned revenue of $425 million and had a net profit of $42.65 million. The company has a one-year high of $95.72 and a one-year low of $37.53. Currently, LGI Homes has an average volume of 363.96K.
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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.
