Cavco Industries Inc. (NASDAQ:CVCO) shares traded up 1.8% during mid-day trading on Thursday . The stock traded as high as $96.19 and last traded at $95.26, with a volume of 66,274 shares. The stock had previously closed at $93.61.

The company has a market capitalization of $850.10 million and a PE ratio of 30.19. The company has a 50 day moving average price of $94.48 and a 200 day moving average price of $87.32.

Cavco Industries (NASDAQ:CVCO) last posted its quarterly earnings results on Thursday, May 26th. The company reported $0.77 EPS for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.01. The company earned $177.29 million during the quarter. During the same quarter in the previous year, the firm posted $0.66 EPS. The company’s revenue was up 25.5% on a year-over-year basis. Equities research analysts anticipate that Cavco Industries Inc. will post $3.70 EPS for the current fiscal year.

In other Cavco Industries news, Director William C. Boor sold 2,500 shares of the stock in a transaction dated Wednesday, May 4th. The shares were sold at an average price of $86.81, for a total transaction of $217,025.00. Following the transaction, the director now directly owns 8,122 shares in the company, valued at approximately $705,070.82. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Joseph H. Stegmayer sold 20,000 shares of the stock in a transaction dated Friday, April 15th. The stock was sold at an average price of $89.90, for a total transaction of $1,798,000.00. Following the transaction, the chief executive officer now owns 511,428 shares in the company, valued at $45,977,377.20. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have modified their holdings of the company. Russell Frank Co acquired a new position in shares of Cavco Industries during the fourth quarter valued at about $1,302,000. California State Teachers Retirement System boosted its position in shares of Cavco Industries by 1.2% in the fourth quarter. California State Teachers Retirement System now owns 16,385 shares of the company’s stock valued at $1,365,000 after buying an additional 200 shares during the last quarter. Anchor Capital Advisors LLC boosted its position in shares of Cavco Industries by 6.5% in the fourth quarter. Anchor Capital Advisors LLC now owns 20,311 shares of the company’s stock valued at $1,692,000 after buying an additional 1,247 shares during the last quarter. Morgan Stanley boosted its position in shares of Cavco Industries by 708.6% in the fourth quarter. Morgan Stanley now owns 20,498 shares of the company’s stock valued at $1,707,000 after buying an additional 17,963 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Cavco Industries by 57,529.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 27,662 shares of the company’s stock valued at $2,304,000 after buying an additional 27,614 shares during the last quarter.

Cavco Industries, Inc (Cavco) is a producer of manufactured homes in the United States. The Company designs and produces factory-built homes primarily distributed through a network of independent and Company-owned retailers, planned community operators and residential developers. The Company is a builder of park model homes, vacation cabins, and systems-built commercial structures, as well as modular homes.

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