New Home Company Inc (NYSE:NWHM) Director Paul C. Heeschen purchased 7,500 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The shares were purchased at an average price of $4.74 per share, for a total transaction of $35,550.00. Following the completion of the acquisition, the director now directly owns 42,783 shares in the company, valued at approximately $202,791.42. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

NWHM stock traded down $0.09 during mid-day trading on Friday, reaching $4.74. The company had a trading volume of 210 shares, compared to its average volume of 61,428. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of $98.54 million, a P/E ratio of 13.03 and a beta of 1.84. New Home Company Inc has a 12 month low of $4.64 and a 12 month high of $11.82.

New Home (NYSE:NWHM) last issued its earnings results on Friday, February 15th. The construction company reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.18). The company had revenue of $229.67 million during the quarter. New Home had a positive return on equity of 2.96% and a negative net margin of 2.13%.

Separately, ValuEngine upgraded shares of New Home from a “strong sell” rating to a “sell” rating in a report on Wednesday, March 6th.

A number of hedge funds have recently modified their holdings of the business. Geode Capital Management LLC grew its stake in New Home by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 119,932 shares of the construction company’s stock worth $627,000 after acquiring an additional 5,598 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in New Home by 16.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 910,322 shares of the construction company’s stock worth $4,761,000 after acquiring an additional 126,293 shares in the last quarter. Municipal Employees Retirement System of Michigan bought a new position in New Home in the 4th quarter worth about $307,000. Bank of America Corp DE grew its stake in New Home by 86.2% in the 4th quarter. Bank of America Corp DE now owns 17,912 shares of the construction company’s stock worth $93,000 after acquiring an additional 8,294 shares in the last quarter. Finally, Northern Trust Corp grew its stake in New Home by 1.2% in the 4th quarter. Northern Trust Corp now owns 150,239 shares of the construction company’s stock worth $786,000 after acquiring an additional 1,832 shares in the last quarter. Institutional investors and hedge funds own 60.01% of the company’s stock.

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About New Home

The New Home Company Inc, a homebuilder, focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area.

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Insider Buying and Selling by Quarter for New Home (NYSE:NWHM)

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