Insider Selling: William Lyon Homes (NYSE:WLH) Major Shareholder Sells 50,300 Shares of Stock

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 50,300 shares of the stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of $23.37, for a total transaction of $1,175,511.00. Following the completion of the sale, the insider now directly owns 3,902,276 shares in the company, valued at approximately $91,196,190.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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Gmt Capital Corp also recently made the following trade(s):

On Wednesday, July 26th, Gmt Capital Corp sold 1,700 shares of William Lyon Homes stock. The stock was sold at an average price of $23.38, for a total transaction of $39,746.00.
On Wednesday, July 19th, Gmt Capital Corp sold 16,422 shares of William Lyon Homes stock. The stock was sold at an average price of $23.58, for a total transaction of $387,230.76.
On Tuesday, July 18th, Gmt Capital Corp sold 14,178 shares of William Lyon Homes stock. The stock was sold at an average price of $23.37, for a total transaction of $331,339.86.
On Monday, July 17th, Gmt Capital Corp sold 16,200 shares of William Lyon Homes stock. The stock was sold at an average price of $23.87, for a total transaction of $386,694.00.
On Monday, July 10th, Gmt Capital Corp sold 52,000 shares of William Lyon Homes stock. The stock was sold at an average price of $23.86, for a total transaction of $1,240,720.00.
On Friday, July 7th, Gmt Capital Corp sold 1,527 shares of William Lyon Homes stock. The stock was sold at an average price of $23.38, for a total transaction of $35,701.26.
On Thursday, July 6th, Gmt Capital Corp sold 15,179 shares of William Lyon Homes stock. The stock was sold at an average price of $23.33, for a total transaction of $354,126.07.
On Wednesday, July 5th, Gmt Capital Corp sold 30,669 shares of William Lyon Homes stock. The stock was sold at an average price of $23.53, for a total transaction of $721,641.57.
On Monday, July 3rd, Gmt Capital Corp sold 30,669 shares of William Lyon Homes stock. The stock was sold at an average price of $23.53, for a total transaction of $721,641.57.
On Monday, June 26th, Gmt Capital Corp sold 50,264 shares of William Lyon Homes stock. The stock was sold at an average price of $23.50, for a total transaction of $1,181,204.00.

Shares of William Lyon Homes (NYSE WLH) opened at 23.02 on Friday. The company has a 50-day moving average of $23.35 and a 200-day moving average of $21.00. William Lyon Homes has a 1-year low of $15.21 and a 1-year high of $24.51. The firm has a market capitalization of $735.14 million, a PE ratio of 21.68 and a beta of 1.79.

William Lyon Homes (NYSE:WLH) last announced its quarterly earnings results on Tuesday, May 9th. The construction company reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.05. The firm had revenue of $258.90 million during the quarter, compared to the consensus estimate of $261.40 million. William Lyon Homes had a return on equity of 7.35% and a net margin of 2.90%. The firm’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.24 earnings per share. Equities research analysts predict that William Lyon Homes will post $2.03 EPS for the current fiscal year.

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WLH has been the topic of several recent analyst reports. BidaskClub downgraded shares of William Lyon Homes from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Zacks Investment Research upgraded shares of William Lyon Homes from a “sell” rating to a “hold” rating in a report on Tuesday, May 2nd. Finally, Citigroup Inc. reiterated a “buy” rating and set a $27.50 target price (up from $27.00) on shares of William Lyon Homes in a report on Tuesday, July 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. William Lyon Homes currently has a consensus rating of “Hold” and a consensus price target of $22.50.

A number of institutional investors have recently made changes to their positions in the stock. LSV Asset Management increased its position in shares of William Lyon Homes by 14.1% in the first quarter. LSV Asset Management now owns 125,800 shares of the construction company’s stock worth $2,593,000 after buying an additional 15,500 shares during the period. Great West Life Assurance Co. Can increased its position in shares of William Lyon Homes by 1,390.1% in the first quarter. Great West Life Assurance Co. Can now owns 32,634 shares of the construction company’s stock worth $672,000 after buying an additional 30,444 shares during the period. Wells Fargo & Company MN increased its position in shares of William Lyon Homes by 45.9% in the first quarter. Wells Fargo & Company MN now owns 94,714 shares of the construction company’s stock worth $1,953,000 after buying an additional 29,801 shares during the period. Real Estate Management Services LLC acquired a new position in shares of William Lyon Homes during the first quarter worth about $1,703,000. Finally, Russell Investments Group Ltd. increased its position in shares of William Lyon Homes by 64.0% in the first quarter. Russell Investments Group Ltd. now owns 342,853 shares of the construction company’s stock worth $7,070,000 after buying an additional 133,853 shares during the period.

William Lyon Homes Company Profile

William Lyon Homes is primarily engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada. The Company conducts its homebuilding operations through four reportable operating segments: Southern California, Northern California, Arizona and Nevada.