Insider Selling: William Lyon Homes (NYSE:WLH) Major Shareholder Sells 35,551 Shares of Stock

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 35,551 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $28.86, for a total value of $1,026,001.86. Following the transaction, the insider now owns 3,696,086 shares of the company’s stock, valued at $106,669,041.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Friday, January 5th, Gmt Capital Corp sold 31,200 shares of William Lyon Homes stock. The shares were sold at an average price of $30.99, for a total value of $966,888.00.
  • On Tuesday, January 2nd, Gmt Capital Corp sold 31,200 shares of William Lyon Homes stock. The stock was sold at an average price of $29.18, for a total value of $910,416.00.
  • On Thursday, December 21st, Gmt Capital Corp sold 6,049 shares of William Lyon Homes stock. The stock was sold at an average price of $28.38, for a total value of $171,670.62.
  • On Tuesday, December 12th, Gmt Capital Corp sold 26,100 shares of William Lyon Homes stock. The stock was sold at an average price of $28.82, for a total value of $752,202.00.

William Lyon Homes (NYSE:WLH) opened at $32.36 on Friday. William Lyon Homes has a twelve month low of $16.37 and a twelve month high of $32.95. The company has a market capitalization of $1,030.00, a price-to-earnings ratio of 21.15 and a beta of 2.14. The company has a quick ratio of 0.30, a current ratio of 10.77 and a debt-to-equity ratio of 1.33.

William Lyon Homes (NYSE:WLH) last announced its earnings results on Tuesday, October 31st. The construction company reported $0.71 EPS for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.04. William Lyon Homes had a return on equity of 9.33% and a net margin of 3.61%. The company had revenue of $490.34 million for the quarter, compared to analysts’ expectations of $486.57 million. During the same period last year, the firm earned $0.34 EPS. William Lyon Homes’s revenue for the quarter was up 43.1% compared to the same quarter last year. analysts anticipate that William Lyon Homes will post 2.17 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in WLH. Teachers Advisors LLC raised its holdings in William Lyon Homes by 3.2% in the 1st quarter. Teachers Advisors LLC now owns 45,127 shares of the construction company’s stock worth $931,000 after purchasing an additional 1,411 shares during the period. Schwab Charles Investment Management Inc. increased its stake in William Lyon Homes by 20.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 120,787 shares of the construction company’s stock worth $2,491,000 after buying an additional 20,861 shares in the last quarter. Bank of America Corp DE increased its stake in William Lyon Homes by 176.6% in the 1st quarter. Bank of America Corp DE now owns 38,365 shares of the construction company’s stock worth $791,000 after buying an additional 24,496 shares in the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in William Lyon Homes in the 2nd quarter worth $133,000. Finally, Great West Life Assurance Co. Can increased its stake in William Lyon Homes by 6.7% in the 2nd quarter. Great West Life Assurance Co. Can now owns 34,834 shares of the construction company’s stock worth $841,000 after buying an additional 2,200 shares in the last quarter. 98.22% of the stock is currently owned by institutional investors.

Several analysts recently weighed in on the company. Citigroup downgraded William Lyon Homes from a “buy” rating to a “neutral” rating and set a $35.00 price target on the stock. in a research note on Thursday, January 4th. Zacks Investment Research upgraded William Lyon Homes from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. ValuEngine upgraded William Lyon Homes from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Wedbush reiterated a “neutral” rating and set a $31.00 target price (up from $27.00) on shares of William Lyon Homes in a research note on Friday, December 29th. Finally, UBS Group increased their price target on William Lyon Homes from $25.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $30.75.

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About William Lyon Homes

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.

Insider Buying and Selling by Quarter for William Lyon Homes (NYSE:WLH)

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