Insider Selling: William Lyon Homes (WLH) Major Shareholder Sells $1,029,600.00 in Stock

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 52,000 shares of the stock in a transaction that occurred on Tuesday, March 14th. The stock was sold at an average price of $19.80, for a total transaction of $1,029,600.00. Following the transaction, the insider now owns 4,600,960 shares in the company, valued at approximately $91,099,008. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Tuesday, January 3rd, Gmt Capital Corp sold 166,330 shares of William Lyon Homes stock. The stock was sold at an average price of $19.03, for a total transaction of $3,165,259.90.
  • On Thursday, December 29th, Gmt Capital Corp sold 26,570 shares of William Lyon Homes stock. The stock was sold at an average price of $19.69, for a total transaction of $523,163.30.

Shares of William Lyon Homes (NYSE:WLH) opened at 20.99 on Tuesday. The firm has a market cap of $670.32 million, a price-to-earnings ratio of 13.54 and a beta of 1.83. William Lyon Homes has a 52-week low of $12.14 and a 52-week high of $21.92. The company’s 50 day moving average is $18.59 and its 200 day moving average is $18.40.

William Lyon Homes (NYSE:WLH) last released its quarterly earnings results on Wednesday, February 22nd. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.68 by $0.08. William Lyon Homes had a return on equity of 8.83% and a net margin of 4.71%. The firm had revenue of $473.25 million for the quarter, compared to analysts’ expectations of $464.42 million. The firm’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 earnings per share. Analysts anticipate that William Lyon Homes will post $2.02 earnings per share for the current year.

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

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WLH has been the topic of several analyst reports. Zacks Investment Research lowered shares of William Lyon Homes from a “hold” rating to a “sell” rating in a research report on Wednesday, November 30th. Wedbush initiated coverage on shares of William Lyon Homes in a research report on Monday, December 5th. They set a “neutral” rating and a $23.00 price target on the stock. Finally, JMP Securities lowered shares of William Lyon Homes from a “mkt outperform” rating to a “market perform” rating in a research report on Thursday, January 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $20.00.

A number of hedge funds have recently made changes to their positions in the company. Falcon Point Capital LLC raised its stake in shares of William Lyon Homes by 22.4% in the third quarter. Falcon Point Capital LLC now owns 549,162 shares of the company’s stock valued at $9,808,000 after buying an additional 100,420 shares in the last quarter. Tricadia Capital Management LLC raised its stake in shares of William Lyon Homes by 32.4% in the third quarter. Tricadia Capital Management LLC now owns 971,297 shares of the company’s stock valued at $18,018,000 after buying an additional 237,964 shares in the last quarter. TimesSquare Capital Management LLC raised its stake in shares of William Lyon Homes by 1.8% in the third quarter. TimesSquare Capital Management LLC now owns 1,857,355 shares of the company’s stock valued at $34,454,000 after buying an additional 32,700 shares in the last quarter. Sei Investments Co. raised its stake in shares of William Lyon Homes by 17.8% in the third quarter. Sei Investments Co. now owns 153,353 shares of the company’s stock valued at $2,845,000 after buying an additional 23,123 shares in the last quarter. Finally, Paulson & CO. Inc. bought a new stake in shares of William Lyon Homes during the fourth quarter valued at approximately $63,230,000.

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.

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