Bard Associates Inc. Acquires 2,134 Shares of Legacy Housing Co. (NASDAQ:LEGH)

Bard Associates Inc. grew its holdings in Legacy Housing Co. (NASDAQ:LEGH) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 199,548 shares of the company’s stock after purchasing an additional 2,134 shares during the quarter. Legacy Housing accounts for about 1.7% of Bard Associates Inc.’s holdings, making the stock its 10th biggest holding. Bard Associates Inc. owned about 0.83% of Legacy Housing worth $4,925,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Legacy Housing in the 3rd quarter valued at approximately $85,000. JPMorgan Chase & Co. boosted its holdings in Legacy Housing by 11.1% in the third quarter. JPMorgan Chase & Co. now owns 5,423 shares of the company’s stock valued at $148,000 after purchasing an additional 543 shares during the period. BNP Paribas Financial Markets grew its stake in Legacy Housing by 17.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company’s stock worth $153,000 after purchasing an additional 848 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in Legacy Housing by 9.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 11,706 shares of the company’s stock worth $289,000 after purchasing an additional 1,030 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new stake in Legacy Housing in the 3rd quarter valued at about $365,000. Institutional investors and hedge funds own 89.35% of the company’s stock.

Insider Buying and Selling

In other news, Chairman Curtis Drew Hodgson sold 17,300 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $25.42, for a total transaction of $439,766.00. Following the completion of the transaction, the chairman now directly owns 456,622 shares of the company’s stock, valued at approximately $11,607,331.24. This represents a 3.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 71,552 shares of company stock worth $1,772,255 over the last 90 days. 30.60% of the stock is owned by insiders.

Legacy Housing Stock Performance

Shares of LEGH opened at $24.20 on Tuesday. The stock has a 50-day simple moving average of $25.28 and a 200-day simple moving average of $25.95. Legacy Housing Co. has a 1 year low of $19.42 and a 1 year high of $29.31. The stock has a market capitalization of $584.62 million, a PE ratio of 11.15 and a beta of 1.09.

Legacy Housing Company Profile

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.