Rep. Tim Moore Sells Off Shares of LGI Homes, Inc. (NASDAQ:LGIH)

Representative Tim Moore (Republican-North Carolina) recently sold shares of LGI Homes, Inc. (NASDAQ:LGIH). In a filing disclosed on April 28th, the Representative disclosed that they had sold between $100,001 and $250,000 in LGI Homes stock on March 26th.

Representative Tim Moore also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Harley-Davidson (NYSE:HOG) on 4/7/2026.
• Sold $15,001 – $50,000 in shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) on 4/1/2026.
• Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 3/24/2026.
• Purchased $15,001 – $50,000 in shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) on 3/23/2026.
• Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/20/2026.
• Purchased $50,001 – $100,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/19/2026.
• Purchased $15,001 – $50,000 in shares of LGI Homes (NASDAQ:LGIH) on 3/18/2026.
• Sold $15,001 – $50,000 in shares of Krispy Kreme (NASDAQ:DNUT) on 3/17/2026.
• Purchased $1,001 – $15,000 in shares of Simply Good Foods (NASDAQ:SMPL) on 3/13/2026.
• Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/12/2026.

LGI Homes Stock Up 0.3%

Shares of LGIH stock traded up $0.13 during trading hours on Thursday, reaching $48.06. 62,231 shares of the company’s stock were exchanged, compared to its average volume of 464,772. LGI Homes, Inc. has a fifty-two week low of $33.55 and a fifty-two week high of $69.50. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 15.37 and a beta of 1.86. The company has a current ratio of 20.98, a quick ratio of 0.76 and a debt-to-equity ratio of 0.79. The stock’s 50 day moving average is $43.19 and its 200-day moving average is $46.97.

LGI Homes (NASDAQ:LGIH) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.13. The business had revenue of $319.74 million for the quarter, compared to analyst estimates of $336.60 million. LGI Homes had a net margin of 4.25% and a return on equity of 4.08%. LGI Homes’s revenue for the quarter was down 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.17 EPS. Analysts predict that LGI Homes, Inc. will post 2.45 earnings per share for the current fiscal year.

Institutional Trading of LGI Homes

Institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in LGI Homes by 58.7% during the first quarter. Royal Bank of Canada now owns 4,721 shares of the financial services provider’s stock worth $313,000 after buying an additional 1,746 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in LGI Homes by 5.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,502 shares of the financial services provider’s stock valued at $831,000 after purchasing an additional 621 shares during the period. Goldman Sachs Group Inc. boosted its holdings in LGI Homes by 5.3% in the first quarter. Goldman Sachs Group Inc. now owns 250,142 shares of the financial services provider’s stock valued at $16,627,000 after purchasing an additional 12,524 shares during the period. Russell Investments Group Ltd. grew its stake in LGI Homes by 106.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 591 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 305 shares in the last quarter. Finally, Invesco Ltd. grew its stake in LGI Homes by 19.0% during the 2nd quarter. Invesco Ltd. now owns 85,400 shares of the financial services provider’s stock worth $4,400,000 after purchasing an additional 13,611 shares in the last quarter. Hedge funds and other institutional investors own 84.89% of the company’s stock.

Analyst Upgrades and Downgrades

LGIH has been the subject of several analyst reports. Citigroup reissued an “outperform” rating on shares of LGI Homes in a report on Wednesday, January 7th. Citizens Jmp lifted their price objective on shares of LGI Homes from $85.00 to $95.00 and gave the company a “market outperform” rating in a report on Wednesday, January 7th. Finally, Zacks Research raised shares of LGI Homes from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, LGI Homes has a consensus rating of “Hold” and an average price target of $74.63.

Insider Buying and Selling at LGI Homes

In other LGI Homes news, CFO Charles Michael Merdian sold 7,211 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.04, for a total value of $303,150.44. Following the sale, the chief financial officer owned 20,540 shares of the company’s stock, valued at $863,501.60. This trade represents a 25.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Michael Larry Snider sold 6,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.04, for a total value of $252,240.00. Following the transaction, the chief operating officer directly owned 175,556 shares of the company’s stock, valued at approximately $7,380,374.24. This represents a 3.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,451 shares of company stock valued at $943,840 in the last quarter. Corporate insiders own 12.60% of the company’s stock.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina’s 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Moore (Republican Party) ran for election to the U.S. House to represent North Carolina’s 14th Congressional District. He won in the general election on November 5, 2024.

Moore served as speaker of the House from 2015 to 2025.

Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

About LGI Homes

LGI Homes, Inc (NASDAQ: LGIH) is a residential homebuilder primarily focused on serving first-time and first-time move-up homebuyers in the United States. The company specializes in the acquisition, development and sale of affordable single-family homes and townhomes. LGI Homes operates through an integrated model that encompasses land sourcing, lot development, home construction, and post-closing customer support including warranty services.

In addition to its core homebuilding activities, LGI Homes offers ancillary services to streamline the homebuying process for its customers.