David Greenblatt Acquires 413 Shares of Cavco Industries (NASDAQ:CVCO) Stock

Cavco Industries, Inc. (NASDAQ:CVCO) Director David Greenblatt bought 413 shares of the stock in a transaction on Tuesday, February 3rd. The stock was purchased at an average price of $463.01 per share, with a total value of $191,223.13. Following the completion of the purchase, the director owned 15,989 shares of the company’s stock, valued at $7,403,066.89. This represents a 2.65% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Cavco Industries Trading Up 3.0%

Shares of CVCO stock opened at $538.73 on Friday. Cavco Industries, Inc. has a 12-month low of $393.53 and a 12-month high of $713.01. The business’s fifty day simple moving average is $607.08 and its 200-day simple moving average is $554.25. The company has a market cap of $4.18 billion, a PE ratio of 23.40 and a beta of 1.32.

Cavco Industries (NASDAQ:CVCO) last announced its earnings results on Thursday, January 29th. The construction company reported $5.58 earnings per share for the quarter, missing the consensus estimate of $6.00 by ($0.42). Cavco Industries had a return on equity of 17.84% and a net margin of 8.37%.The business had revenue of $580.99 million for the quarter, compared to analysts’ expectations of $593.37 million. On average, equities analysts forecast that Cavco Industries, Inc. will post 21.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CVCO has been the subject of several research analyst reports. CJS Securities raised shares of Cavco Industries to a “strong-buy” rating in a research report on Thursday, December 11th. Zelman & Associates raised shares of Cavco Industries to an “outperform” rating in a report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Cavco Industries in a report on Monday, December 29th. Finally, Zacks Research downgraded Cavco Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Cavco Industries has an average rating of “Moderate Buy” and an average target price of $550.00.

Institutional Trading of Cavco Industries

Large investors have recently made changes to their positions in the business. Salomon & Ludwin LLC purchased a new position in shares of Cavco Industries during the third quarter worth $31,000. Farther Finance Advisors LLC raised its stake in shares of Cavco Industries by 151.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 88 shares of the construction company’s stock valued at $38,000 after buying an additional 53 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Cavco Industries by 118.2% in the 2nd quarter. Osaic Holdings Inc. now owns 120 shares of the construction company’s stock valued at $57,000 after buying an additional 65 shares during the period. Parkside Financial Bank & Trust boosted its stake in shares of Cavco Industries by 1,814.3% in the second quarter. Parkside Financial Bank & Trust now owns 134 shares of the construction company’s stock worth $58,000 after buying an additional 127 shares during the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Cavco Industries in the third quarter worth about $58,000. 95.56% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Cavco Industries

Here are the key news stories impacting Cavco Industries this week:

• Positive Sentiment: Multiple insider buys — CEO William Boor bought 1,000 shares and several directors (David Greenblatt, Steven Moster) added to their stakes in early February, signaling management confidence and providing a tangible catalyst for buying interest. CEO Form 4
• Positive Sentiment: Director purchases detailed — David Greenblatt bought additional shares (87 on Feb 4 and earlier 413), and Steven Moster acquired 300 shares; these incremental buys reinforce insider alignment with shareholders. InsiderTrades Alert
• Positive Sentiment: Positive market narratives — recent MarketBeat coverage highlights rising demand for affordable housing and positions Cavco as a beneficiary, which can lift sentiment and trading flows into CVCO. MarketBeat Article
• Neutral Sentiment: Hedge-fund/industry commentary mentions Cavco in broader markets coverage (InsiderMonkey roundup). This raises awareness but is unlikely by itself to move fundamentals. InsiderMonkey Roundup
• Neutral Sentiment: Short-interest report shows effectively zero reported short interest (no meaningful change), so short-covering is not a likely explanation for intraday moves. (Data appears to show 0 shares and a 0.0 days ratio.)
• Negative Sentiment: Recent quarterly results (Jan. 29) missed consensus on EPS and revenue, which is a fundamental headwind and explains some analyst caution and mixed ratings. Investors should weigh insider buying against the earnings shortfall. MarketBeat CVCO Profile

Cavco Industries Company Profile

Cavco Industries, Inc is a leading designer, manufacturer and retailer of factory-built homes and modular structures. The company produces a range of HUD-code manufactured homes, modular buildings, park model RVs and cabins through its network of production facilities. Its offerings cater to both residential and commercial markets, including customizable single- and multi-section homes, workforce and affordable housing solutions, educational and healthcare modules, as well as specialty lodging products for the recreational vehicle and hospitality industries.

Since its founding in 1967, Cavco has grown through strategic investments and acquisitions, expanding its footprint across the United States and into parts of Canada and Mexico.