Oppenheimer & Co. Inc. lowered its stake in shares of A V Homes, Inc. (NASDAQ:AVHI) by 4.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 446,574 shares of the financial services provider’s stock after selling 22,318 shares during the period. Oppenheimer & Co. Inc. owned approximately 1.99% of A V Homes worth $8,953,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IndexIQ Advisors LLC bought a new position in A V Homes during the second quarter valued at approximately $577,000. Rhumbline Advisers boosted its stake in shares of A V Homes by 3.4% in the second quarter. Rhumbline Advisers now owns 14,745 shares of the financial services provider’s stock valued at $296,000 after buying an additional 480 shares in the last quarter. Spark Investment Management LLC acquired a new stake in shares of A V Homes during the second quarter valued at about $200,000. Bowling Portfolio Management LLC acquired a new stake in shares of A V Homes during the second quarter valued at about $273,000. Finally, Acadian Asset Management LLC boosted its stake in shares of A V Homes by 66.4% in the second quarter. Acadian Asset Management LLC now owns 275,088 shares of the financial services provider’s stock valued at $5,515,000 after buying an additional 109,772 shares in the last quarter. 85.13% of the stock is owned by institutional investors and hedge funds.

Shares of A V Homes, Inc. (AVHI) opened at 15.55 on Friday. A V Homes, Inc. has a 12 month low of $14.65 and a 12 month high of $20.50. The stock’s 50 day moving average is $16.44 and its 200 day moving average is $16.98. The stock has a market capitalization of $349.18 million, a PE ratio of 11.69 and a beta of 0.55.

COPYRIGHT VIOLATION WARNING: “Oppenheimer & Co. Inc. Decreases Position in A V Homes, Inc. (AVHI)” was first reported by Watch List News and is the property of of Watch List News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be accessed at https://www.watchlistnews.com/oppenheimer-co-inc-decreases-position-in-a-v-homes-inc-avhi/1536075.html.

AVHI has been the topic of several recent research reports. Zacks Investment Research cut shares of A V Homes from a “buy” rating to a “hold” rating in a research report on Wednesday, June 28th. BidaskClub cut shares of A V Homes from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Finally, JMP Securities cut shares of A V Homes from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 19th.

In other A V Homes news, Director Joshua Lionel Nash purchased 23,309 shares of the stock in a transaction that occurred on Friday, August 11th. The shares were purchased at an average cost of $15.13 per share, for a total transaction of $352,665.17. Following the completion of the transaction, the director now owns 193,475 shares of the company’s stock, valued at approximately $2,927,276.75. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Roger Einiger purchased 5,000 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were acquired at an average price of $15.45 per share, for a total transaction of $77,250.00. Following the completion of the transaction, the director now directly owns 41,537 shares of the company’s stock, valued at approximately $641,746.65. The disclosure for this purchase can be found here. Insiders have purchased 125,177 shares of company stock worth $1,908,263 over the last 90 days. 6.80% of the stock is currently owned by company insiders.

About A V Homes

AV Homes, Inc is a homebuilder engaged in the business of homebuilding and community development in Florida, Arizona and the Carolinas. The Company is also engaged in other real estate activities, such as the operation of amenities and the sale of land for third-party development. The Company’s segments include Florida, Arizona and the Carolinas.

Institutional Ownership by Quarter for A V Homes (NASDAQ:AVHI)

Receive News & Ratings for A V Homes Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A V Homes Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.