Insider Selling: New Home Company Inc (NWHM) Insider Sells 25,183 Shares of Stock

New Home Company Inc (NYSE:NWHM) insider Lp Tcn/Tnhc sold 25,183 shares of the stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $11.38, for a total value of $286,582.54. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Lp Tcn/Tnhc also recently made the following trade(s):

  • On Tuesday, November 28th, Lp Tcn/Tnhc sold 18,599 shares of New Home stock. The stock was sold at an average price of $11.73, for a total value of $218,166.27.
  • On Thursday, November 30th, Lp Tcn/Tnhc sold 39,738 shares of New Home stock. The stock was sold at an average price of $11.71, for a total value of $465,331.98.
  • On Thursday, November 16th, Lp Tcn/Tnhc sold 71,384 shares of New Home stock. The stock was sold at an average price of $11.37, for a total value of $811,636.08.
  • On Thursday, November 2nd, Lp Tcn/Tnhc sold 15,853 shares of New Home stock. The stock was sold at an average price of $11.11, for a total value of $176,126.83.
  • On Wednesday, October 18th, Lp Tcn/Tnhc sold 4,394 shares of New Home stock. The stock was sold at an average price of $11.35, for a total value of $49,871.90.
  • On Thursday, October 5th, Lp Tcn/Tnhc sold 17,444 shares of New Home stock. The shares were sold at an average price of $11.46, for a total value of $199,908.24.

New Home Company Inc (NYSE NWHM) traded up $0.11 during trading on Monday, reaching $12.94. The company’s stock had a trading volume of 192,670 shares, compared to its average volume of 76,796. New Home Company Inc has a 12 month low of $9.75 and a 12 month high of $13.20. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $267.85, a P/E ratio of 11.45 and a beta of 1.87.

New Home (NYSE:NWHM) last released its earnings results on Friday, October 27th. The construction company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.06. New Home had a return on equity of 9.52% and a net margin of 2.73%. The company had revenue of $157.93 million during the quarter, compared to the consensus estimate of $143.66 million. During the same quarter last year, the company earned $0.27 earnings per share. New Home’s quarterly revenue was down 11.2% compared to the same quarter last year. equities analysts anticipate that New Home Company Inc will post 0.96 EPS for the current fiscal year.

Hedge funds have recently made changes to their positions in the company. First Trust Advisors LP purchased a new position in shares of New Home in the third quarter valued at $121,000. Brandywine Global Investment Management LLC increased its position in shares of New Home by 10.3% in the second quarter. Brandywine Global Investment Management LLC now owns 11,274 shares of the construction company’s stock valued at $130,000 after buying an additional 1,054 shares in the last quarter. Rhumbline Advisers increased its position in shares of New Home by 9.5% in the second quarter. Rhumbline Advisers now owns 13,305 shares of the construction company’s stock valued at $153,000 after buying an additional 1,150 shares in the last quarter. Bank of Montreal Can purchased a new position in shares of New Home in the second quarter valued at $160,000. Finally, Prudential Financial Inc. purchased a new position in shares of New Home in the third quarter valued at $163,000. Institutional investors and hedge funds own 55.73% of the company’s stock.

NWHM has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded New Home from a “hold” rating to a “sell” rating in a report on Saturday, September 16th. ValuEngine downgraded New Home from a “buy” rating to a “hold” rating in a report on Monday, November 6th.

TRADEMARK VIOLATION WARNING: This piece was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/12/04/insider-selling-new-home-company-inc-the-nwhm-insider-sells-286582-54-in-stock.html.

About New Home

The New Home Company Inc is a homebuilding company. The Company focuses on the design, construction and sale of consumer-driven homes in various metropolitan areas within certain markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and the greater Phoenix area.

Insider Buying and Selling by Quarter for New Home (NYSE:NWHM)

Receive News & Ratings for New Home Company Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Home Company Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply