New Home Company Inc. (The) (NYSE:NWHM) insider Lp Tcn/Tnhc sold 17,444 shares of the stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $11.46, for a total transaction of $199,908.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

New Home Company Inc. (NYSE:NWHM) traded up 0.44% during midday trading on Friday, hitting $11.51. 245,695 shares of the company traded hands. The company has a market capitalization of $240.27 million, a price-to-earnings ratio of 11.11 and a beta of 1.90. The stock’s 50-day moving average price is $10.53 and its 200 day moving average price is $10.95. New Home Company Inc. has a 12-month low of $9.45 and a 12-month high of $12.55.

New Home Company Inc. (The) (NYSE:NWHM) last announced its quarterly earnings results on Friday, July 28th. The construction company reported $0.11 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.06. New Home Company Inc. (The) had a net margin of 2.82% and a return on equity of 10.25%. The business had revenue of $144.10 million for the quarter, compared to analyst estimates of $115.37 million. During the same quarter in the prior year, the business earned $0.12 EPS. New Home Company Inc. (The)’s quarterly revenue was up 32.3% on a year-over-year basis. On average, equities analysts forecast that New Home Company Inc. will post $0.94 EPS for the current year.

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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. grew its stake in New Home Company Inc. (The) by 3.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 16,549 shares of the construction company’s stock valued at $190,000 after buying an additional 500 shares during the last quarter. Brandywine Global Investment Management LLC grew its stake in New Home Company Inc. (The) by 10.3% in the 2nd quarter. Brandywine Global Investment Management LLC now owns 11,274 shares of the construction company’s stock valued at $130,000 after buying an additional 1,054 shares during the last quarter. Rhumbline Advisers grew its stake in New Home Company Inc. (The) by 9.5% in the 2nd quarter. Rhumbline Advisers now owns 13,305 shares of the construction company’s stock valued at $153,000 after buying an additional 1,150 shares during the last quarter. Nationwide Fund Advisors grew its stake in New Home Company Inc. (The) by 25.7% in the 1st quarter. Nationwide Fund Advisors now owns 10,662 shares of the construction company’s stock valued at $112,000 after buying an additional 2,178 shares during the last quarter. Finally, Northern Trust Corp grew its stake in New Home Company Inc. (The) by 3.3% in the 2nd quarter. Northern Trust Corp now owns 144,687 shares of the construction company’s stock valued at $1,660,000 after buying an additional 4,603 shares during the last quarter. Institutional investors and hedge funds own 57.23% of the company’s stock.

Separately, Zacks Investment Research upgraded shares of New Home Company Inc. (The) from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th.

New Home Company Inc. (The) Company Profile

The New Home Company Inc is a homebuilding company. The Company focuses on the design, construction and sale of consumer-driven homes in various metropolitan areas within certain markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and the greater Phoenix area.

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