Insider Selling: New Home Company Inc. (The) (NWHM) Insider Sells 39,738 Shares of Stock

New Home Company Inc. (The) (NYSE:NWHM) insider Lp Tcn/Tnhc sold 39,738 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $11.71, for a total transaction of $465,331.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 shares were sold at an average price of $11.73, for a total transaction of $218,166.27.
  • On Tuesday, November 14th, Lp Tcn/Tnhc sold 25,183 shares of New Home stock. The shares were sold at an average price of $11.38, for a total transaction of $286,582.54.
  • On Thursday, November 16th, Lp Tcn/Tnhc sold 71,384 shares of New Home stock. The shares were sold at an average price of $11.37, for a total transaction of $811,636.08.
  • On Thursday, November 2nd, Lp Tcn/Tnhc sold 15,853 shares of New Home stock. The shares were sold at an average price of $11.11, for a total transaction of $176,126.83.
  • On Wednesday, October 18th, Lp Tcn/Tnhc sold 4,394 shares of New Home stock. The shares were sold at an average price of $11.35, for a total transaction 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 transaction of $199,908.24.

New Home Company Inc. (NWHM) traded down $0.18 on Thursday, reaching $11.53. 117,086 shares of the company’s stock were exchanged, compared to its average volume of 75,155. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.16 and a quick ratio of 1.16. New Home Company Inc. has a twelve month low of $9.75 and a twelve month high of $12.55. The stock has a market cap of $245.30, a price-to-earnings ratio of 10.49 and a beta of 1.90.

New Home (NYSE:NWHM) last released its earnings results on Friday, October 27th. The construction company reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.06. New Home had a net margin of 2.73% and a return on equity of 9.52%. The business had revenue of $157.93 million for the quarter, compared to analyst estimates of $143.66 million. During the same period last year, the company posted $0.27 EPS. The business’s revenue was down 11.2% on a year-over-year basis. sell-side analysts forecast that New Home Company Inc. will post 0.96 EPS for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Trust Advisors LP purchased a new position in New Home in the 3rd quarter worth approximately $121,000. Brandywine Global Investment Management LLC lifted its stake in New Home by 10.3% in the 2nd quarter. Brandywine Global Investment Management LLC now owns 11,274 shares of the construction company’s stock worth $130,000 after purchasing an additional 1,054 shares in the last quarter. Rhumbline Advisers lifted its stake in New Home by 9.5% in the 2nd quarter. Rhumbline Advisers now owns 13,305 shares of the construction company’s stock worth $153,000 after purchasing an additional 1,150 shares in the last quarter. Bank of Montreal Can purchased a new position in New Home in the 2nd quarter worth approximately $160,000. Finally, Prudential Financial Inc. purchased a new position in New Home in the 3rd quarter worth approximately $163,000. 55.73% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently weighed in on NWHM shares. Zacks Investment Research lowered shares of New Home from a “hold” rating to a “sell” rating in a research note on Saturday, September 16th. ValuEngine lowered shares of New Home from a “buy” rating to a “hold” rating in a research note on Monday, November 6th.

COPYRIGHT VIOLATION NOTICE: “Insider Selling: New Home Company Inc. (The) (NWHM) Insider Sells 39,738 Shares of Stock” was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/11/30/insider-selling-new-home-company-inc-the-nwhm-insider-sells-39738-shares-of-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)

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