LGI Homes (NASDAQ:LGIH) General Counsel Scott James Garber Sells 1,353 Shares

LGI Homes, Inc. (NASDAQ:LGIH) General Counsel Scott James Garber sold 1,353 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $42.04, for a total value of $56,880.12. Following the sale, the general counsel directly owned 21,716 shares of the company’s stock, valued at $912,940.64. This represents a 5.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.

LGI Homes Trading Down 2.5%

LGIH traded down $1.11 during trading hours on Tuesday, reaching $42.55. 374,149 shares of the company’s stock traded hands, compared to its average volume of 395,271. The firm has a 50-day moving average price of $51.82 and a 200 day moving average price of $51.25. The firm has a market capitalization of $984.18 million, a PE ratio of 13.59 and a beta of 1.88. The company has a quick ratio of 0.76, a current ratio of 20.98 and a debt-to-equity ratio of 0.79. LGI Homes, Inc. has a 52-week low of $39.70 and a 52-week high of $76.42.

LGI Homes (NASDAQ:LGIH) last released its earnings results on Tuesday, February 17th. The financial services provider reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.01. LGI Homes had a return on equity of 4.08% and a net margin of 4.25%.The business had revenue of $473.97 million for the quarter, compared to analyst estimates of $479.60 million. During the same quarter last year, the firm posted $2.15 earnings per share. The business’s revenue was down 15.0% compared to the same quarter last year. As a group, sell-side analysts predict that LGI Homes, Inc. will post 8.46 EPS for the current fiscal year.

Institutional Trading of LGI Homes

A number of hedge funds have recently added to or reduced their stakes in LGIH. Caitong International Asset Management Co. Ltd grew its holdings in LGI Homes by 75.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 237 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in LGI Homes during the 4th quarter valued at about $29,000. Russell Investments Group Ltd. raised its holdings in shares of LGI Homes by 106.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 591 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 305 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of LGI Homes in the 4th quarter valued at about $32,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of LGI Homes by 7,240.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,101 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 1,086 shares during the period. 84.89% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LGIH has been the subject of a number of research analyst reports. Citizens Jmp lifted their price objective on shares of LGI Homes from $85.00 to $95.00 and gave the company a “market outperform” rating in a report on Wednesday, January 7th. Citigroup reaffirmed an “outperform” rating on shares of LGI Homes in a research report on Wednesday, January 7th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of LGI Homes in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $74.63.

Trending Headlines about LGI Homes

Here are the key news stories impacting LGI Homes this week:

• Positive Sentiment: LGI expanded its active footprint with new community openings that increase its lot and delivery pipeline, supporting revenue growth potential in key Sun Belt and Pacific Northwest markets. Article Title
• Positive Sentiment: The company announced additional community launches in the Dallas and Seattle metros, reinforcing geographic diversification and future home deliveries. Article Title
• Positive Sentiment: LGI returned to Seagoville, TX with the grand opening of Edmonds Ranch, offering move‑in ready homes in the low‑$300s — a tactical play to capture continued demand in the greater Dallas area. Article Title
• Neutral Sentiment: Market coverage is highlighting valuation after prolonged share weakness, which may keep investor focus on multiples and near‑term guidance. That framing can limit upside until clearer earnings or margin improvement is visible. Article Title
• Negative Sentiment: Multiple senior executives sold stock on March 9 at about $42.04: CFO Charles Michael Merdian sold 7,211 shares (≈26% reduction in his position). Insider sales at this scale from the CFO can signal liquidity needs or reduced insider confidence and tend to pressure sentiment. SEC Filing
• Negative Sentiment: COO Michael Larry Snider executed multiple sales (6,000 and 7,887 shares) on the same date, materially reducing his holdings — another sign that may weigh on investor confidence. SEC Filing
• Negative Sentiment: General Counsel Scott James Garber sold 1,353 shares on March 9, further contributing to concentrated insider selling activity that amplifies negative sentiment despite the operational news. SEC Filing

About LGI Homes

LGI Homes, Inc (NASDAQ: LGIH) is a residential homebuilder primarily focused on serving first-time and first-time move-up homebuyers in the United States. The company specializes in the acquisition, development and sale of affordable single-family homes and townhomes. LGI Homes operates through an integrated model that encompasses land sourcing, lot development, home construction, and post-closing customer support including warranty services.

In addition to its core homebuilding activities, LGI Homes offers ancillary services to streamline the homebuying process for its customers.