William Boor Purchases 1,000 Shares of Cavco Industries (NASDAQ:CVCO) Stock

Cavco Industries, Inc. (NASDAQ:CVCO) CEO William Boor acquired 1,000 shares of Cavco Industries stock in a transaction that occurred on Wednesday, February 4th. The stock was bought at an average price of $495.00 per share, with a total value of $495,000.00. Following the purchase, the chief executive officer directly owned 48,022 shares of the company’s stock, valued at approximately $23,770,890. This trade represents a 2.13% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Cavco Industries Trading Up 3.0%

Shares of CVCO opened at $538.73 on Friday. Cavco Industries, Inc. has a twelve month low of $393.53 and a twelve month high of $713.01. The firm has a market capitalization of $4.18 billion, a P/E ratio of 23.40 and a beta of 1.32. The firm’s 50-day moving average is $607.08 and its two-hundred day moving average is $554.25.

Cavco Industries (NASDAQ:CVCO) last posted its quarterly earnings results on Thursday, January 29th. The construction company reported $5.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.00 by ($0.42). The company had revenue of $580.99 million for the quarter, compared to analyst estimates of $593.37 million. Cavco Industries had a net margin of 8.37% and a return on equity of 17.84%. Analysts predict that Cavco Industries, Inc. will post 21.93 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CVCO. CJS Securities upgraded Cavco Industries to a “strong-buy” rating in a research report on Thursday, December 11th. Zelman & Associates upgraded shares of Cavco Industries to an “outperform” rating in a report on Thursday. Zacks Research cut shares of Cavco Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Cavco Industries in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $550.00.

Key Cavco Industries News

Here are the key news stories impacting Cavco Industries this week:

• Positive Sentiment: Multiple insider buys — CEO William Boor bought 1,000 shares and several directors (David Greenblatt, Steven Moster) added to their stakes in early February, signaling management confidence and providing a tangible catalyst for buying interest. CEO Form 4
• Positive Sentiment: Director purchases detailed — David Greenblatt bought additional shares (87 on Feb 4 and earlier 413), and Steven Moster acquired 300 shares; these incremental buys reinforce insider alignment with shareholders. InsiderTrades Alert
• Positive Sentiment: Positive market narratives — recent MarketBeat coverage highlights rising demand for affordable housing and positions Cavco as a beneficiary, which can lift sentiment and trading flows into CVCO. MarketBeat Article
• Neutral Sentiment: Hedge-fund/industry commentary mentions Cavco in broader markets coverage (InsiderMonkey roundup). This raises awareness but is unlikely by itself to move fundamentals. InsiderMonkey Roundup
• Neutral Sentiment: Short-interest report shows effectively zero reported short interest (no meaningful change), so short-covering is not a likely explanation for intraday moves. (Data appears to show 0 shares and a 0.0 days ratio.)
• Negative Sentiment: Recent quarterly results (Jan. 29) missed consensus on EPS and revenue, which is a fundamental headwind and explains some analyst caution and mixed ratings. Investors should weigh insider buying against the earnings shortfall. MarketBeat CVCO Profile

Institutional Investors Weigh In On Cavco Industries

Several hedge funds have recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of Cavco Industries by 5.2% in the first quarter. Royal Bank of Canada now owns 18,951 shares of the construction company’s stock valued at $9,849,000 after buying an additional 934 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Cavco Industries by 1.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,799 shares of the construction company’s stock worth $2,494,000 after acquiring an additional 90 shares during the period. United Services Automobile Association acquired a new position in Cavco Industries in the 1st quarter valued at $266,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Cavco Industries by 15.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,876 shares of the construction company’s stock worth $9,289,000 after purchasing an additional 2,384 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Cavco Industries by 151.4% during the second quarter. Farther Finance Advisors LLC now owns 88 shares of the construction company’s stock worth $38,000 after purchasing an additional 53 shares during the last quarter. 95.56% of the stock is owned by institutional investors and hedge funds.

Cavco Industries Company Profile

Cavco Industries, Inc is a leading designer, manufacturer and retailer of factory-built homes and modular structures. The company produces a range of HUD-code manufactured homes, modular buildings, park model RVs and cabins through its network of production facilities. Its offerings cater to both residential and commercial markets, including customizable single- and multi-section homes, workforce and affordable housing solutions, educational and healthcare modules, as well as specialty lodging products for the recreational vehicle and hospitality industries.

Since its founding in 1967, Cavco has grown through strategic investments and acquisitions, expanding its footprint across the United States and into parts of Canada and Mexico.