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

Representative Tim Moore (Republican-North Carolina) recently bought shares of LGI Homes, Inc. (NASDAQ:LGIH). In a filing disclosed on March 24th, the Representative disclosed that they had bought between $15,001 and $50,000 in LGI Homes stock on March 12th.

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

• 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.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 2/18/2026.
• Purchased $1,001 – $15,000 in shares of Krispy Kreme (NASDAQ:DNUT) on 2/12/2026.
• Purchased $15,001 – $50,000 in shares of Simply Good Foods (NASDAQ:SMPL) on 2/11/2026.

LGI Homes Stock Up 0.1%

LGIH stock opened at $39.36 on Friday. The company has a 50 day moving average of $49.73 and a two-hundred day moving average of $49.22. The company has a market cap of $910.40 million, a price-to-earnings ratio of 12.58 and a beta of 1.88. LGI Homes, Inc. has a 12-month low of $33.55 and a 12-month high of $70.31. The company has a quick ratio of 0.76, a current ratio of 20.98 and a debt-to-equity ratio of 0.79.

LGI Homes (NASDAQ:LGIH) last posted its quarterly earnings results on Tuesday, February 17th. The financial services provider reported $0.97 EPS for the quarter, beating the consensus estimate of $0.96 by $0.01. LGI Homes had a net margin of 4.25% and a return on equity of 4.08%. The business had revenue of $473.97 million for the quarter, compared to analysts’ expectations of $479.60 million. During the same period in the previous year, the company posted $2.15 EPS. LGI Homes’s revenue was down 15.0% on a year-over-year basis. On average, equities analysts anticipate that LGI Homes, Inc. will post 8.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

LGIH has been the subject of a number of recent research reports. Citigroup reaffirmed an “outperform” rating on shares of LGI Homes in a research note on Wednesday, January 7th. Citizens Jmp boosted their price target on LGI Homes from $85.00 to $95.00 and gave the company a “market outperform” rating in a research note on Wednesday, January 7th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of LGI Homes in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $74.63.

Hedge Funds Weigh In On LGI Homes

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. raised its stake in LGI Homes by 1,759.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 874 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 827 shares during the last quarter. River Road Asset Management LLC boosted its holdings in LGI Homes by 2.0% in the 4th quarter. River Road Asset Management LLC now owns 931,391 shares of the financial services provider’s stock valued at $40,013,000 after purchasing an additional 18,682 shares during the period. Virtu Financial LLC grew its position in LGI Homes by 18.8% in the 4th quarter. Virtu Financial LLC now owns 7,889 shares of the financial services provider’s stock worth $339,000 after purchasing an additional 1,246 shares during the last quarter. Invesco Ltd. increased its holdings in shares of LGI Homes by 49.6% during the 4th quarter. Invesco Ltd. now owns 123,081 shares of the financial services provider’s stock worth $5,288,000 after purchasing an additional 40,832 shares during the period. Finally, VARCOV Co. bought a new position in shares of LGI Homes during the 4th quarter worth about $282,000. Institutional investors own 84.89% of the company’s stock.

Insider Activity

In related news, General Counsel Scott James Garber sold 1,353 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.04, for a total value of $56,880.12. Following the completion of the sale, the general counsel owned 21,716 shares in the company, valued at approximately $912,940.64. This trade represents a 5.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Charles Michael Merdian sold 7,211 shares of LGI Homes 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 directly owned 20,540 shares in the company, valued at approximately $863,501.60. This trade represents a 25.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 22,451 shares of company stock valued at $943,840. 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.

LGI Homes Company Profile

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.