Insider Buying: A V Homes, Inc. (NASDAQ:AVHI) Director Purchases 18,953 Shares of Stock

A V Homes, Inc. (NASDAQ:AVHI) Director Joshua Lionel Nash purchased 18,953 shares of the company’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were purchased at an average price of $15.25 per share, for a total transaction of $289,033.25. Following the purchase, the director now directly owns 193,475 shares in the company, valued at $2,950,493.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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Joshua Lionel Nash also recently made the following trade(s):

On Thursday, August 3rd, Joshua Lionel Nash purchased 28,093 shares of A V Homes stock. The shares were purchased at an average price of $15.25 per share, for a total transaction of $428,418.25.

Shares of A V Homes, Inc. (AVHI) remained flat at $15.25 on Friday. 156,053 shares of the company traded hands. A V Homes, Inc. has a 1-year low of $13.52 and a 1-year high of $20.50. The company’s 50-day moving average price is $18.99 and its 200 day moving average price is $17.30. The firm has a market cap of $342.44 million, a price-to-earnings ratio of 11.47 and a beta of 0.55.

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A number of research analysts recently issued reports on AVHI shares. BidaskClub downgraded A V Homes from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 19th. Zacks Investment Research downgraded A V Homes from a “buy” rating to a “hold” rating in a research note on Wednesday, June 28th. Finally, JMP Securities downgraded A V Homes from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 19th.

Hedge funds have recently made changes to their positions in the company. State Street Corp boosted its stake in shares of A V Homes by 5.0% in the fourth quarter. State Street Corp now owns 207,868 shares of the financial services provider’s stock worth $3,283,000 after buying an additional 9,836 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of A V Homes during the fourth quarter worth $336,000. Renaissance Technologies LLC boosted its stake in shares of A V Homes by 28.9% in the fourth quarter. Renaissance Technologies LLC now owns 282,700 shares of the financial services provider’s stock worth $4,467,000 after buying an additional 63,300 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of A V Homes during the fourth quarter worth $180,000. Finally, First Manhattan Co. boosted its stake in shares of A V Homes by 2.2% in the first quarter. First Manhattan Co. now owns 2,116,643 shares of the financial services provider’s stock worth $35,220,000 after buying an additional 45,513 shares during the last quarter. Institutional investors and hedge funds own 83.84% of the company’s stock.

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.