LGI Homes Inc’s filing revealed that its CEO and Chairman of the Board Lipar Eric Thomas unloaded Company’s shares for reported $0.26 million on Mar 11 ’25. In the deal valued at $75.94 per share,3,489 shares were sold. As a result of this transaction, Lipar Eric Thomas now holds 634,978 shares worth roughly $47.75 million.
Then, Snider Michael Larry sold 1,105 shares, generating $83,914 in total proceeds. Upon selling the shares at $75.94, the President and COO now owns 27,102 shares.
Before that, Snider Michael Larry bought 1,105 shares. LGI Homes Inc shares valued at $84,000 were divested by the Officer at a price of $76.02 per share.
Seaport Research Partners upgraded its LGI Homes Inc [LGIH] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in early September from “an Underperform” to “a Neutral”. Seaport Research Partners also remained covering LGIH and has decreased its forecast on August 05, 2024 with a “Sell” recommendation from previously “Neutral” rating. Wedbush revised its rating on April 02, 2024. It rated LGIH as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of LGIH
On Tuesday, LGI Homes Inc [NASDAQ:LGIH] saw its stock jump 0.27% to $75.20. Over the last five days, the stock has gained 5.80%. LGI Homes Inc shares have fallen nearly -15.88% since the year began. Nevertheless, the stocks have fallen -33.89% over the past one year. While a 52-week high of $125.83 was reached on 01/27/25, a 52-week low of $68.66 was recorded on 03/04/25. SMA at 50 days reached $84.30, while 200 days put it at $98.77.
Levels Of Support And Resistance For LGIH Stock
The 24-hour chart illustrates a support level at 74.00, which if violated will result in even more drops to 72.80. On the upside, there is a resistance level at 76.41. A further resistance level may holdings at 77.62. The Relative Strength Index (RSI) on the 14-day chart is 40.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.77%. Stochastics %K at 42.86% indicates the stock is a holding.
