Legacy Housing Corp’s recently made public that its Director Hodgson Curtis Drew unloaded Company’s shares for reported $0.25 million on Jan 06 ’25. In the deal valued at $23.65 per share,10,468 shares were sold. As a result of this transaction, Hodgson Curtis Drew now holds 394,254 shares worth roughly $9.88 million.
Then, Hodgson Curtis Drew bought 17,300 shares, generating $409,491 in total proceeds.
Before that, Hodgson Curtis Drew sold 9,184 shares. Legacy Housing Corp shares valued at $225,284 were divested by the Director at a price of $24.53 per share. As a result of the transaction, Hodgson Curtis Drew now holds 412,838 shares, worth roughly $10.35 million.
CJS Securities initiated its Legacy Housing Corp [LEGH] rating to a Market outperform in a research note published on June 07, 2024; the price target was $33. A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in late August with a ‘”an Outperform”‘ rating. B. Riley Securities also remained covering LEGH and has decreased its forecast on June 14, 2022 with a “Neutral” recommendation from previously “Buy” rating. B. Riley Securities revised its rating on March 23, 2021. It rated LEGH as “a Buy” which previously was an “a Neutral”.
Price Performance Review of LEGH
On Friday, Legacy Housing Corp [NASDAQ:LEGH] saw its stock jump 2.27% to $25.06. Over the last five days, the stock has gained 11.16%. Legacy Housing Corp shares have risen nearly 1.52% since the year began. Nevertheless, the stocks have risen 9.46% over the past one year. While a 52-week high of $29.31 was reached on 01/17/25, a 52-week low of $19.42 was recorded on 01/10/25. SMA at 50 days reached $25.23, while 200 days put it at $24.69.
Levels Of Support And Resistance For LEGH Stock
The 24-hour chart illustrates a support level at 24.85, which if violated will result in even more drops to 24.64. On the upside, there is a resistance level at 25.19. A further resistance level may holdings at 25.32. The Relative Strength Index (RSI) on the 14-day chart is 56.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.76%. Stochastics %K at 75.22% indicates the stock is a holding.
How much short interest is there in Legacy Housing Corp?
A steep rise in short interest was recorded in Legacy Housing Corp stocks on 2024-12-31, dropping by 1774.0 shares to a total of 0.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.4 million shares. There was a decline of -0.45%, which implies that there is a negative sentiment for the stock.
