New Home Company Inc (NWHM) Insider Sells $383,400.00 in Stock

New Home Company Inc (NYSE:NWHM) insider Joseph David Davis sold 30,000 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $12.78, for a total transaction of $383,400.00. Following the transaction, the insider now owns 35,126 shares in the company, valued at $448,910.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Monday, December 4th, Joseph David Davis sold 30,000 shares of New Home stock. The stock was sold at an average price of $12.43, for a total transaction of $372,900.00.
  • On Tuesday, October 31st, Joseph David Davis sold 1,496 shares of New Home stock. The stock was sold at an average price of $11.55, for a total transaction of $17,278.80.
  • On Monday, October 16th, Joseph David Davis sold 3,800 shares of New Home stock. The stock was 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 stock. The stock was 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 stock. The stock was sold at an average price of $11.55, for a total transaction of $2,310.00.
  • On Friday, October 6th, Joseph David Davis sold 3,304 shares of New Home stock. The stock was sold at an average price of $11.55, for a total transaction of $38,161.20.

Shares of New Home Company Inc (NYSE NWHM) traded down $0.37 on Thursday, reaching $13.06. 65,998 shares of the company’s stock traded hands, compared to its average volume of 115,058. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.26. New Home Company Inc has a one year low of $9.75 and a one year high of $13.55. The firm has a market capitalization of $272.65, a price-to-earnings ratio of 13.33 and a beta of 1.87.

New Home (NYSE:NWHM) last released its quarterly 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. The business had revenue of $157.93 million for the quarter, compared to analyst estimates of $143.66 million. New Home had a net margin of 2.73% and a return on equity of 9.52%. The company’s quarterly revenue was down 11.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.27 earnings per share. sell-side analysts predict that New Home Company Inc will post 0.96 EPS for the current fiscal year.

Several brokerages have weighed in on NWHM. Zacks Investment Research lowered shares of New Home from a “hold” rating to a “sell” rating in a research report on Saturday, September 16th. ValuEngine lowered shares of New Home from a “buy” rating to a “hold” rating in a research report on Monday, November 6th.

Several hedge funds have recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. grew its position in shares of New Home by 3.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 16,549 shares of the construction company’s stock valued at $190,000 after purchasing an additional 500 shares during the last quarter. Brandywine Global Investment Management LLC grew its position in shares of New Home by 10.3% in the second 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 during the last quarter. Rhumbline Advisers grew its position in shares of New Home by 9.5% in the second 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 during the last quarter. Northern Trust Corp grew its position in shares of New Home by 3.3% in the second quarter. Northern Trust Corp now owns 144,687 shares of the construction company’s stock valued at $1,660,000 after purchasing an additional 4,603 shares during the last quarter. Finally, Teachers Advisors LLC grew its position in shares of New Home by 28.6% in the second quarter. Teachers Advisors LLC now owns 25,781 shares of the construction company’s stock valued at $296,000 after purchasing an additional 5,737 shares during the last quarter. Institutional investors and hedge funds own 55.73% of the company’s stock.

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New Home 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 (NYSE:NWHM)

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