Rep. Tim Moore Purchases Shares of LGI Homes, Inc. (NASDAQ:LGIH)

Representative Tim Moore (Republican-North Carolina) recently bought shares of LGI Homes, Inc. (NASDAQ:LGIH). In a filing disclosed on March 24th, the Representative disclosed that they had bought between $15,001 and $50,000 in LGI Homes stock on March 18th.

Representative Tim Moore also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) on 3/23/2026.
• Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/20/2026.
• Purchased $50,001 – $100,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/19/2026.
• Sold $15,001 – $50,000 in shares of Krispy Kreme (NASDAQ:DNUT) on 3/17/2026.
• Purchased $1,001 – $15,000 in shares of Simply Good Foods (NASDAQ:SMPL) on 3/13/2026.
• Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/12/2026.
• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 2/18/2026.
• Purchased $1,001 – $15,000 in shares of Krispy Kreme (NASDAQ:DNUT) on 2/12/2026.
• Purchased $15,001 – $50,000 in shares of Simply Good Foods (NASDAQ:SMPL) on 2/11/2026.

LGI Homes Stock Up 5.3%

LGIH opened at $39.34 on Thursday. The stock’s fifty day simple moving average is $50.03 and its 200 day simple moving average is $49.29. LGI Homes, Inc. has a 1-year low of $33.55 and a 1-year high of $72.28. The stock has a market cap of $909.93 million, a PE ratio of 12.57 and a beta of 1.88. The company has a current ratio of 20.98, a quick ratio of 0.76 and a debt-to-equity ratio of 0.79.

LGI Homes (NASDAQ:LGIH) last released its quarterly earnings data on Tuesday, February 17th. The financial services provider reported $0.97 EPS for the quarter, beating the consensus estimate of $0.96 by $0.01. The firm had revenue of $473.97 million for the quarter, compared to the consensus estimate of $479.60 million. LGI Homes had a net margin of 4.25% and a return on equity of 4.08%. The company’s quarterly revenue was down 15.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.15 earnings per share. As a group, research analysts expect that LGI Homes, Inc. will post 8.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Institutional Trading of LGI Homes

A number of institutional investors have recently modified their holdings of the stock. Voss Capital LP acquired a new stake in shares of LGI Homes during the 2nd quarter worth $11,592,000. Tributary Capital Management LLC raised its stake in LGI Homes by 93.1% in the third quarter. Tributary Capital Management LLC now owns 386,072 shares of the financial services provider’s stock valued at $19,964,000 after purchasing an additional 186,159 shares in the last quarter. CDAM UK Ltd lifted its position in LGI Homes by 15.4% during the fourth quarter. CDAM UK Ltd now owns 743,153 shares of the financial services provider’s stock worth $31,926,000 after purchasing an additional 99,090 shares during the period. SG Americas Securities LLC lifted its position in LGI Homes by 1,158.0% during the fourth quarter. SG Americas Securities LLC now owns 91,471 shares of the financial services provider’s stock worth $3,930,000 after purchasing an additional 84,200 shares during the period. Finally, Voloridge Investment Management LLC grew its stake in LGI Homes by 118.5% during the third quarter. Voloridge Investment Management LLC now owns 155,012 shares of the financial services provider’s stock worth $8,016,000 after buying an additional 84,079 shares in the last quarter. 84.89% of the stock is currently owned by institutional investors.

Insider Buying and Selling at LGI Homes

In related news, COO Michael Larry Snider sold 7,887 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $42.04, for a total transaction of $331,569.48. Following the sale, the chief operating officer owned 30,517 shares in the company, valued at approximately $1,282,934.68. This trade represents a 20.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Charles Michael Merdian sold 7,211 shares of LGI Homes stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $42.04, for a total transaction of $303,150.44. Following the completion of the transaction, the chief financial officer directly owned 20,540 shares in the company, valued at $863,501.60. This trade represents a 25.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,451 shares of company stock valued at $943,840 in the last ninety days. 12.60% of the stock is currently owned by company insiders.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina’s 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Moore (Republican Party) ran for election to the U.S. House to represent North Carolina’s 14th Congressional District. He won in the general election on November 5, 2024.

Moore served as speaker of the House from 2015 to 2025.

Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

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.