Joseph David Davis Sells 1,496 Shares of New Home Company Inc. (The) (NWHM) Stock

New Home Company Inc. (The) (NYSE:NWHM) insider Joseph David Davis sold 1,496 shares of the stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $11.55, for a total transaction of $17,278.80. Following the completion of the transaction, the insider now directly owns 35,126 shares in the company, valued at $405,705.30. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 shares were sold at an average price of $11.56, for a total transaction of $43,928.00.
  • On Tuesday, October 10th, Joseph David Davis sold 6,200 shares of New Home Company Inc. (The) stock. The shares were sold at an average price of $11.55, for a total transaction of $71,610.00.
  • On Monday, October 9th, Joseph David Davis sold 200 shares of New Home Company Inc. (The) stock. The shares were sold at an average price of $11.55, for a total transaction of $2,310.00.
  • On Wednesday, October 4th, Joseph David Davis sold 2,052 shares of New Home Company Inc. (The) stock. The shares were sold at an average price of $11.55, for a total transaction of $23,700.60.
  • On Friday, October 6th, Joseph David Davis sold 3,304 shares of New Home Company Inc. (The) stock. The shares were sold at an average price of $11.55, for a total transaction of $38,161.20.

New Home Company Inc. (NYSE:NWHM) traded up $0.01 during mid-day trading on Monday, reaching $11.23. 73,400 shares of the company’s stock traded hands, compared to its average volume of 74,684. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.26. New Home Company Inc. has a 52-week low of $9.75 and a 52-week high of $12.55. The company has a market cap of $234.44, a price-to-earnings ratio of 10.03 and a beta of 1.90.

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

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Several institutional investors and hedge funds have recently bought and sold shares of NWHM. Nationwide Fund Advisors boosted its stake in shares of New Home Company Inc. (The) by 25.7% in the 1st quarter. Nationwide Fund Advisors now owns 10,662 shares of the construction company’s stock valued at $112,000 after purchasing an additional 2,178 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of New Home Company Inc. (The) in the 3rd quarter valued at approximately $121,000. Brandywine Global Investment Management LLC boosted its stake in shares of New Home Company Inc. (The) by 10.3% in the 2nd quarter. Brandywine Global Investment Management LLC now owns 11,274 shares of the construction company’s stock valued at $130,000 after purchasing an additional 1,054 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of New Home Company Inc. (The) by 9.5% in the 2nd quarter. Rhumbline Advisers now owns 13,305 shares of the construction company’s stock valued at $153,000 after purchasing an additional 1,150 shares in the last quarter. Finally, Bank of Montreal Can acquired a new stake in shares of New Home Company Inc. (The) in the 2nd quarter valued at approximately $160,000. Institutional investors own 57.47% of the company’s stock.

A number of research firms recently commented on NWHM. Zacks Investment Research raised shares of New Home Company Inc. (The) from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 2nd. ValuEngine lowered shares of New Home Company Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, November 6th.

New Home Company Inc. (The) Company Profile

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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