Insider Buying: Cavco Industries (NASDAQ:CVCO) Director Acquires $191,223.13 in Stock

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

Cavco Industries Stock Performance

CVCO opened at $538.73 on Friday. The stock has a market capitalization of $4.18 billion, a PE ratio of 23.40 and a beta of 1.32. Cavco Industries, Inc. has a one year low of $393.53 and a one year high of $713.01. The business’s 50 day moving average price is $607.08 and its 200 day moving average price is $555.15.

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

More Cavco Industries News

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

Institutional Trading of Cavco Industries

Several hedge funds have recently added to or reduced their stakes in the company. Cascade Investment Advisors Inc. acquired a new stake in shares of Cavco Industries during the second quarter worth about $1,098,000. Robeco Institutional Asset Management B.V. acquired a new stake in Cavco Industries during the 3rd quarter worth approximately $819,000. Allspring Global Investments Holdings LLC lifted its position in Cavco Industries by 74.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 16,317 shares of the construction company’s stock worth $9,580,000 after acquiring an additional 6,942 shares during the period. Confluence Investment Management LLC grew its stake in shares of Cavco Industries by 62.6% in the 3rd quarter. Confluence Investment Management LLC now owns 12,287 shares of the construction company’s stock valued at $7,135,000 after purchasing an additional 4,729 shares during the last quarter. Finally, Caxton Associates LLP acquired a new position in shares of Cavco Industries in the second quarter valued at approximately $1,238,000. Institutional investors and hedge funds own 95.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CVCO. Weiss Ratings restated a “buy (b)” rating on shares of Cavco Industries in a research note on Monday, December 29th. Zelman & Associates upgraded Cavco Industries to an “outperform” rating in a report on Thursday. Zacks Research lowered shares of Cavco Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 16th. Finally, CJS Securities raised shares of Cavco Industries to a “strong-buy” rating in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $550.00.

About Cavco Industries

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.