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

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 20th.

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 $50,001 – $100,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/18/2026.
• 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 Trading Up 0.1%

NASDAQ LGIH opened at $39.36 on Friday. The stock has a market cap of $910.40 million, a PE ratio of 12.58 and a beta of 1.88. LGI Homes, Inc. has a 12 month low of $33.55 and a 12 month high of $70.31. The company’s 50-day moving average price is $49.73 and its 200-day moving average price is $49.22. 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 announced its quarterly earnings data on Tuesday, February 17th. The financial services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.01. LGI Homes had a net margin of 4.25% and a return on equity of 4.08%. The company had revenue of $473.97 million during the quarter, compared to analyst estimates of $479.60 million. During the same quarter last year, the business posted $2.15 EPS. The firm’s revenue for the quarter was down 15.0% on a year-over-year basis. Equities research analysts forecast that LGI Homes, Inc. will post 8.46 earnings per share for the current year.

Insider Buying and Selling

In related news, COO Michael Larry Snider sold 7,887 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.04, for a total transaction of $331,569.48. Following the transaction, the chief operating officer directly owned 30,517 shares of the company’s stock, valued at $1,282,934.68. This represents a 20.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, General Counsel Scott James Garber sold 1,353 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.04, for a total value of $56,880.12. Following the completion of the sale, the general counsel owned 21,716 shares of the company’s stock, valued at approximately $912,940.64. This trade represents a 5.87% 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 worth $943,840 in the last ninety days. 12.60% of the stock is owned by insiders.

Hedge Funds Weigh In On LGI Homes

A number of large investors have recently added to or reduced their stakes in LGIH. Caitong International Asset Management Co. Ltd boosted its stake in LGI Homes by 75.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 237 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of LGI Homes during the fourth quarter worth $29,000. Russell Investments Group Ltd. lifted its holdings in shares of LGI Homes by 106.6% during 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 during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in shares of LGI Homes during the 4th quarter valued at $32,000. Finally, Rockefeller Capital Management L.P. boosted its position in shares of LGI Homes by 1,759.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 874 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 827 shares in the last quarter. 84.89% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on LGIH shares. Citigroup reiterated an “outperform” rating on shares of LGI Homes in a report on Wednesday, January 7th. Weiss Ratings restated a “sell (d)” rating on shares of LGI Homes in a report on Monday, December 29th. Finally, Citizens Jmp increased their target price on shares of LGI Homes from $85.00 to $95.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 7th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $74.63.

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.

LGI Homes Company Profile

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.