New Home Company CEO H Lawrence Webb Buys 17,924 Shares (NWHM)
New Home Company (NASDAQ:NWHM) CEO H Lawrence Webb purchased 17,924 shares of New Home Company stock in a transaction that occurred on Friday, June 6th. The stock was purchased at an average price of $12.74 per share, for a total transaction of $228,351.76. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
New Home Company (NASDAQ:NWHM) traded up 1.88% during mid-day trading on Friday, hitting $12.99. The stock had a trading volume of 62,485 shares. New Home Company has a 52-week low of $11.00 and a 52-week high of $15.93. The stock’s 50-day moving average is $13.05 and its 200-day moving average is $13.5. The company has a market cap of $213.7 million and a price-to-earnings ratio of 17.16.
New Home Company (NASDAQ:NWHM) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.01. The company had revenue of $25.60 million for the quarter, compared to the consensus estimate of $21.70 million. The company’s quarterly revenue was up 41.4% on a year-over-year basis. On average, analysts predict that New Home Company will post $0.39 earnings per share for the current fiscal year.
Separately, analysts at Citigroup Inc. downgraded shares of New Home Company from a “buy” rating to a “neutral” rating in a research note on Monday, March 10th.
The New Home Company Inc, formerly The New Home Company LLC, is focused on the design, construction and sale of consumer-driven homes in major metropolitan areas within select growth markets in California, including coastal Southern California, the San Francisco Bay area and metro Sacramento.
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