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Legacy Housing Co. (NASDAQ:LEGH - Get Rating) CAO Jeffrey V. Burt sold 2,143 shares of the stock in a transaction dated Thursday, January 6th. The shares were sold at an average price of $14.93, for a total transaction of $31,994.99. Following the transaction, the chief accounting officer now owns 42,857 shares of the company's stock, valued at approximately $639,855.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Legacy Housing Price Performance

NASDAQ:LEGH traded down $0.47 on Friday, reaching $13.52. 1,179 shares of the company's stock were exchanged, compared to its average volume of 32,854. The firm has a market cap of $327.32 million, a price-to-earnings ratio of 7.25 and a beta of 1.10. Legacy Housing Co. has a 52 week low of $11.96 and a 52 week high of $28.84. The stock has a fifty day simple moving average of $14.61 and a 200-day simple moving average of $19.96. Analyst Upgrades and Downgrades

LEGH has been the subject of a number of research reports. B. Riley lowered shares of Legacy Housing from a "buy" rating to a "neutral" rating and set a $16.00 target price for the company. in a research report on Tuesday, June 14th. TheStreet lowered shares of Legacy Housing from a "b-" rating to a "c" rating in a research report on Tuesday, July 12th.Institutional Investors Weigh In On Legacy Housing

Institutional investors and hedge funds have recently bought and sold shares of the stock. Dorsey Wright & Associates purchased a new stake in Legacy Housing in the first quarter valued at approximately $41,000. Timelo Investment Management Inc. purchased a new stake in Legacy Housing in the fourth quarter valued at approximately $4,209,000. CastleKnight Management LP purchased a new position in shares of Legacy Housing during the fourth quarter worth approximately $265,000. Dimensional Fund Advisors LP raised its stake in shares of Legacy Housing by 24.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 101,446 shares of the company's stock worth $2,685,000 after acquiring an additional 19,645 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Legacy Housing by 18.3% during the first quarter. Victory Capital Management Inc. now owns 67,559 shares of the company's stock worth $1,225,000 after acquiring an additional 10,448 shares in the last quarter. 20.82% of the stock is owned by hedge funds and other institutional investors. About Legacy Housing (Get Rating)

Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms.Further ReadingGet a free copy of the StockNews.com research report on Legacy Housing (LEGH)Falling Copper Prices Weigh On Freeport McMoran's Earnings, But Long Term Fundamentals IntactSnap Stock Falters As Growth Slows To Record LowVerizon Shares Drop On Earnings Miss, Lower GuidanceLackluster Results Provide An Opportunity In Tractor Supply CompanySalesforce Stock is a Resilient Best-of Breed CRM Play

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