New Home Company Inc (NYSE:NWHM) insider Joseph David Davis sold 30,000 shares of New Home stock in a transaction on Monday, December 4th. The shares were sold at an average price of $12.43, for a total value of $372,900.00. Following the completion of the sale, the insider now directly owns 35,126 shares of the company’s stock, valued at approximately $436,616.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Tuesday, October 31st, Joseph David Davis sold 1,496 shares of New Home stock. The shares were sold at an average price of $11.55, for a total value of $17,278.80.
  • On Monday, October 16th, Joseph David Davis sold 3,800 shares of New Home stock. The shares were 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 stock. The shares were 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 stock. The shares were 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 stock. The shares were 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 stock. The shares were sold at an average price of $11.55, for a total value of $38,161.20.

New Home Company Inc (NWHM) traded down $0.07 during mid-day trading on Tuesday, reaching $12.87. The company’s stock had a trading volume of 132,322 shares, compared to its average volume of 77,033. New Home Company Inc has a 1 year low of $9.75 and a 1 year high of $13.20. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.16 and a current ratio of 1.16. The stock has a market capitalization of $270.14, a P/E ratio of 11.45 and a beta of 1.87.

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

A number of equities research analysts have issued reports on NWHM shares. Zacks Investment Research raised New Home from a “sell” rating to a “hold” rating in a research report on Saturday, August 12th. ValuEngine raised New Home from a “hold” rating to a “buy” rating in a research report on Friday.

Hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. acquired a new position in shares of New Home during the second quarter worth about $437,000. Janus Henderson Group PLC acquired a new position in shares of New Home during the second quarter worth about $6,825,000. Kennedy Capital Management Inc. lifted its stake in shares of New Home by 3.2% during the second quarter. Kennedy Capital Management Inc. now owns 743,552 shares of the construction company’s stock worth $8,529,000 after purchasing an additional 23,326 shares in the last quarter. OxFORD Asset Management LLP acquired a new position in shares of New Home during the second quarter worth about $1,376,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of New Home by 39.7% during the first quarter. Dimensional Fund Advisors LP now owns 166,400 shares of the construction company’s stock worth $1,741,000 after purchasing an additional 47,265 shares in the last quarter. 55.73% of the stock is owned by hedge funds and other institutional investors.

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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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