New Home Company Inc (NYSE:NWHM) Director Paul C. Heeschen purchased 4,000 shares of New Home stock in a transaction on Tuesday, August 20th. The stock was bought at an average price of $3.85 per share, for a total transaction of $15,400.00. Following the transaction, the director now directly owns 94,326 shares in the company, valued at approximately $363,155.10. The purchase was disclosed in a filing with the SEC, which is accessible through this link.
Shares of NYSE NWHM traded up $0.09 during trading on Thursday, reaching $3.79. The company had a trading volume of 518 shares, compared to its average volume of 80,109. The company’s fifty day moving average price is $4.23 and its 200-day moving average price is $4.77. New Home Company Inc has a 12 month low of $3.57 and a 12 month high of $9.16. The stock has a market cap of $75.58 million, a P/E ratio of 9.31 and a beta of 1.67. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.57.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Gratia Capital LLC bought a new stake in shares of New Home during the 2nd quarter valued at about $829,000. Dimensional Fund Advisors LP boosted its position in shares of New Home by 16.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 910,322 shares of the construction company’s stock valued at $4,761,000 after purchasing an additional 126,293 shares in the last quarter. First Manhattan Co. boosted its position in shares of New Home by 10.1% during the 2nd quarter. First Manhattan Co. now owns 1,014,941 shares of the construction company’s stock valued at $3,907,000 after purchasing an additional 93,250 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of New Home by 2,056.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 68,115 shares of the construction company’s stock valued at $273,000 after purchasing an additional 64,956 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of New Home during the 2nd quarter valued at about $170,000. Hedge funds and other institutional investors own 52.95% of the company’s stock.
New Home Company Profile
The New Home Company Inc, a homebuilder, focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area.
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