New Home Company Inc. (The) (NYSE:NWHM) insider Joseph David Davis sold 1,496 shares of the stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $11.55, for a total value of $17,278.80. Following the transaction, the insider now owns 35,126 shares in the company, valued at approximately $405,705.30. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Joseph David Davis also recently made the following trade(s):

  • On Monday, October 16th, Joseph David Davis sold 3,800 shares of New Home Company Inc. (The) stock. The stock was sold at an average price of $11.56, for a total value of $43,928.00.
  • On Tuesday, October 10th, Joseph David Davis sold 6,200 shares of New Home Company Inc. (The) stock. The stock was sold at an average price of $11.55, for a total value of $71,610.00.
  • On Monday, October 9th, Joseph David Davis sold 200 shares of New Home Company Inc. (The) stock. The stock was sold at an average price of $11.55, for a total value of $2,310.00.
  • On Wednesday, October 4th, Joseph David Davis sold 2,052 shares of New Home Company Inc. (The) stock. The stock was sold at an average price of $11.55, for a total value of $23,700.60.
  • On Friday, October 6th, Joseph David Davis sold 3,304 shares of New Home Company Inc. (The) stock. The stock was sold at an average price of $11.55, for a total value of $38,161.20.

New Home Company Inc. (The) (NYSE:NWHM) last released its quarterly earnings data on Friday, October 27th. The construction company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.06. New Home Company Inc. (The) had a return on equity of 9.58% and a net margin of 2.73%. The company had revenue of $157.93 million for the quarter, compared to analyst estimates of $143.66 million. During the same period in the previous year, the company posted $0.27 EPS. The firm’s revenue for the quarter was down 11.2% compared to the same quarter last year.

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Several large investors have recently added to or reduced their stakes in the stock. First Manhattan Co. raised its stake in shares of New Home Company Inc. (The) by 1.2% during the 2nd quarter. First Manhattan Co. now owns 2,007,926 shares of the construction company’s stock valued at $23,030,000 after purchasing an additional 23,140 shares during the period. FMR LLC raised its stake in shares of New Home Company Inc. (The) by 5.7% during the 2nd quarter. FMR LLC now owns 1,080,679 shares of the construction company’s stock valued at $12,395,000 after purchasing an additional 58,325 shares during the period. Kennedy Capital Management Inc. raised its stake in shares of New Home Company Inc. (The) by 3.2% during the 2nd quarter. Kennedy Capital Management Inc. now owns 743,552 shares of the construction company’s stock valued at $8,529,000 after purchasing an additional 23,326 shares during the period. Janus Henderson Group PLC bought a new stake in shares of New Home Company Inc. (The) during the 2nd quarter valued at $6,825,000. Finally, Royce & Associates LP raised its stake in shares of New Home Company Inc. (The) by 4.5% during the 2nd quarter. Royce & Associates LP now owns 551,758 shares of the construction company’s stock valued at $6,329,000 after purchasing an additional 24,000 shares during the period. Institutional investors own 57.38% of the company’s stock.

Separately, Zacks Investment Research upgraded New Home Company Inc. (The) from a “strong sell” rating to a “hold” rating in a research report on Thursday.

About New Home Company Inc. (The)

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 Company Inc. (The) (NYSE:NWHM)

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