Bessemer Group Inc. Increases Holdings in Cavco Industries, Inc. $CVCO

Bessemer Group Inc. increased its position in Cavco Industries, Inc. (NASDAQ:CVCO) by 22.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,614 shares of the construction company’s stock after buying an additional 11,996 shares during the quarter. Bessemer Group Inc.’s holdings in Cavco Industries were worth $38,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Salomon & Ludwin LLC purchased a new position in shares of Cavco Industries during the third quarter worth approximately $31,000. Osaic Holdings Inc. raised its position in Cavco Industries by 118.2% in the 2nd quarter. Osaic Holdings Inc. now owns 120 shares of the construction company’s stock worth $57,000 after purchasing an additional 65 shares during the period. Parkside Financial Bank & Trust lifted its stake in Cavco Industries by 1,814.3% in the second quarter. Parkside Financial Bank & Trust now owns 134 shares of the construction company’s stock worth $58,000 after purchasing an additional 127 shares during the last quarter. Mather Group LLC. purchased a new stake in Cavco Industries during the third quarter valued at about $63,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Cavco Industries by 12.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 199 shares of the construction company’s stock valued at $86,000 after buying an additional 22 shares during the last quarter. 95.56% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director David A. Greenblatt acquired 413 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The stock was acquired at an average cost of $463.01 per share, for a total transaction of $191,223.13. Following the acquisition, the director owned 15,989 shares of the company’s stock, valued at $7,403,066.89. This trade represents a 2.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William C. Boor bought 1,000 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was bought at an average cost of $495.00 per share, with a total value of $495,000.00. Following the completion of the transaction, the chief executive officer owned 48,022 shares in the company, valued at approximately $23,770,890. This trade represents a 2.13% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 1,800 shares of company stock worth $866,592. 1.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

CVCO has been the subject of several analyst reports. Zelman & Associates upgraded Cavco Industries to an “outperform” rating in a report on Thursday. CJS Securities upgraded Cavco Industries to a “strong-buy” rating in a research report on Thursday, December 11th. Weiss Ratings restated a “buy (b)” rating on shares of Cavco Industries in a report on Monday, December 29th. Finally, Zacks Research downgraded shares of Cavco Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $550.00.

More Cavco Industries News

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

• Positive Sentiment: CEO William C. Boor bought 1,000 shares at an average $495 on Feb. 4, increasing his stake ~2.1% — a sizable direct buy from the company’s top executive that can signal confidence in the business. SEC Form 4 – Boor Purchase
• Positive Sentiment: Director David A. Greenblatt made two recent buys (413 shares on Feb. 3 at ~$463 and 87 shares on Feb. 4 at $500), modestly increasing his position — further insider accumulation from the board. SEC Form 4 – Greenblatt Purchases
• Positive Sentiment: Director Steven W. Moster purchased 300 shares at ~$456 on Feb. 2, a roughly 11% increase in his holding — another board-level buy that supports the positive insider narrative. SEC Form 4 – Moster Purchase
• Neutral Sentiment: Analyst coverage is mixed: recent notes include upgrades and downgrades (one strong-buy, one buy, two holds) and a MarketBeat consensus target around $550 — useful context for valuation but not a clear directional catalyst. Analysts Offer Insights on CVCO
• Neutral Sentiment: Institutional ownership is very high (~95.6%) with only modest recent rebalancing reported — this can limit float-driven volatility but also concentrates the stock’s move on institutional flows. MarketBeat CVCO Profile
• Negative Sentiment: Recent Q1 results (Jan. 29) showed EPS of $5.58 vs. consensus $6.00 and revenue of $580.99M vs. $593.37M — a clear miss that temper­s near-term fundamentals and could pressure sentiment if margins or volumes soften further. Earnings Summary / Market Reaction

Cavco Industries Stock Performance

NASDAQ CVCO opened at $522.96 on Friday. The stock has a market cap of $4.06 billion, a P/E ratio of 22.72 and a beta of 1.32. Cavco Industries, Inc. has a fifty-two week low of $393.53 and a fifty-two week high of $713.01. The stock has a 50 day simple moving average of $608.22 and a two-hundred day simple moving average of $553.40.

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

About Cavco Industries

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.