BNP Paribas Financial Markets Buys 848 Shares of Legacy Housing Co. (NASDAQ:LEGH)

BNP Paribas Financial Markets lifted its stake in shares of Legacy Housing Co. (NASDAQ:LEGH) by 17.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,600 shares of the company’s stock after acquiring an additional 848 shares during the period. BNP Paribas Financial Markets’ holdings in Legacy Housing were worth $153,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cerity Partners LLC lifted its holdings in Legacy Housing by 141.3% in the 3rd quarter. Cerity Partners LLC now owns 178,276 shares of the company’s stock worth $4,876,000 after purchasing an additional 104,386 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Legacy Housing by 193.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 91,453 shares of the company’s stock valued at $2,501,000 after purchasing an additional 60,292 shares during the period. Bard Associates Inc. lifted its stake in shares of Legacy Housing by 0.7% in the third quarter. Bard Associates Inc. now owns 197,414 shares of the company’s stock worth $5,399,000 after buying an additional 1,450 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of Legacy Housing during the 3rd quarter worth $365,000. Finally, Exchange Traded Concepts LLC acquired a new position in Legacy Housing in the 3rd quarter valued at $292,000. Institutional investors and hedge funds own 89.35% of the company’s stock.

Insider Activity

In other news, Chairman Curtis Drew Hodgson sold 1,311 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $27.71, for a total value of $36,327.81. Following the completion of the sale, the chairman now directly owns 630,541 shares of the company’s stock, valued at approximately $17,472,291.11. This represents a 0.21 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders have sold 194,866 shares of company stock valued at $5,118,097. 30.60% of the stock is owned by insiders.

Legacy Housing Price Performance

Shares of LEGH opened at $24.88 on Wednesday. The company has a market capitalization of $601.05 million, a PE ratio of 11.58 and a beta of 1.10. Legacy Housing Co. has a one year low of $19.42 and a one year high of $29.31. The company’s fifty day moving average price is $26.01 and its 200 day moving average price is $25.67.

About Legacy Housing

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers.