Meixler Investment Management Ltd. Has $2.65 Million Holdings in Legacy Housing Co. (NASDAQ:LEGH)

Meixler Investment Management Ltd. boosted its holdings in Legacy Housing Co. (NASDAQ:LEGH) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 107,440 shares of the company’s stock after buying an additional 541 shares during the quarter. Legacy Housing makes up 2.0% of Meixler Investment Management Ltd.’s holdings, making the stock its 11th biggest holding. Meixler Investment Management Ltd.’s holdings in Legacy Housing were worth $2,652,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of LEGH. JPMorgan Chase & Co. boosted its stake in shares of Legacy Housing by 11.1% during 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 in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Legacy Housing by 17.8% during the third quarter. BNP Paribas Financial Markets now owns 5,600 shares of the company’s stock valued at $153,000 after purchasing an additional 848 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of Legacy Housing by 9.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 11,706 shares of the company’s stock valued at $289,000 after purchasing an additional 1,030 shares in the last quarter. Bard Associates Inc. boosted its stake in shares of Legacy Housing by 0.7% during the third quarter. Bard Associates Inc. now owns 197,414 shares of the company’s stock valued at $5,399,000 after purchasing an additional 1,450 shares in the last quarter. Finally, ABS Direct Equity Fund LLC boosted its stake in shares of Legacy Housing by 3.3% during the third quarter. ABS Direct Equity Fund LLC now owns 50,000 shares of the company’s stock valued at $1,368,000 after purchasing an additional 1,574 shares in the last quarter. 89.35% of the stock is owned by institutional investors and hedge funds.

Legacy Housing Price Performance

Shares of LEGH opened at $27.79 on Friday. Legacy Housing Co. has a 1 year low of $19.42 and a 1 year high of $29.31. The company has a market capitalization of $671.41 million, a price-to-earnings ratio of 12.81 and a beta of 1.09. The business has a 50-day moving average of $25.14 and a 200-day moving average of $25.99.

Insider Transactions at Legacy Housing

In other news, Chairman Curtis Drew Hodgson sold 6,000 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $25.60, for a total transaction of $153,600.00. Following the completion of the transaction, the chairman now directly owns 508,522 shares in the company, valued at $13,018,163.20. This trade represents a 1.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 123,452 shares of company stock worth $3,123,664 over the last ninety days. 30.60% of the stock is owned by insiders.

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.