Insider Buying: United Homes Group, Inc. (NASDAQ:UHG) COO Buys $45,500.00 in Stock

Posted by Jessica Moore on Dec 16th, 2024

United Homes Group, Inc. (NASDAQ:UHG – Get Free Report) COO Ray Shelton Twine III bought 10,000 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were acquired at an average price of $4.55 per share, for a total transaction of $45,500.00. Following the completion of the transaction, the chief operating officer now directly owns 196,736 shares in the company, valued at approximately $895,148.80. This trade represents a 5.36 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

United Homes Group Price Performance

NASDAQ:UHG opened at $4.46 on Monday. United Homes Group, Inc. has a 52 week low of $4.05 and a 52 week high of $9.48. The company has a quick ratio of 1.58, a current ratio of 6.62 and a debt-to-equity ratio of 7.16. The stock has a market capitalization of $215.90 million, a PE ratio of -7.56 and a beta of 0.68. The stock’s 50-day moving average price is $5.77 and its 200-day moving average price is $5.90.

Institutional Investors Weigh In On United Homes Group

Institutional investors have recently modified their holdings of the business. Barclays PLC boosted its holdings in United Homes Group by 260.8% in the 3rd quarter. Barclays PLC now owns 7,500 shares of the company’s stock worth $46,000 after buying an additional 5,421 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in United Homes Group in the 3rd quarter worth about $97,000. Finally, Stoneridge Investment Partners LLC acquired a new stake in United Homes Group in the 3rd quarter worth about $298,000. 88.85% of the stock is currently owned by institutional investors and hedge funds.

United Homes Group Company Profile

(Get Free Report)

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.