Legacy Housing Corporation (LEGH)

Legacy Housing Corp.'s stock experienced a decline in the past six months, with the share price falling from $24.88 to $20.43, representing a 17.89% decrease. Key events included the announcement of third-quarter 2025 financial results, which reported a decrease in product sales and unit deliveries, and significant executive transitions, including the departures of the CEO, CFO, and General Counsel, followed by the return of founders Kenneth Shipley and Curtis Hodgson. Legacy Housing also announced an agreement to purchase assets of AmeriCasa Solutions, LLC and the addition of new senior management. Insider trading activity showed 15 sales and no purchases by insiders, with Curtis Drew Hodgson selling 165,787 shares. Hedge funds have shown mixed activity.

The demand for Legacy Housing Corp.'s products and services generally experiences a period of seasonal strength from October 17 to April 12. Historically, a "Buy Date" of November 8 and a "Sell Date" of February 27 for LEGH has shown positive returns above the S&P 500 Total Return Index over the past six years. The company benefits from a growing demand for affordable housing solutions.

Legacy Housing Corporation is an American manufactured home and tiny house producer based in Bedford, Texas, operating in the Consumer Discretionary sector. The company designs, manufactures, sells, and finances affordable housing options, including single-section and multi-section homes and tiny houses. Legacy Housing's business model is vertically integrated, encompassing product design, material procurement, manufacturing, and delivery. The company also provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers and inventory financing for independent retailers and financing to manufactured housing community owners.

Legacy Housing Corp. primarily serves the Southern United States. The company operates three manufacturing facilities located in Commerce, Texas; Fort Worth, Texas; and Eatonton, Georgia. Additionally, Legacy Housing directly sells homes through 13 retail stores.

Legacy Housing Corp. has established a strong brand reputation, recognized for its commitment to quality, affordability, and innovation in the manufactured housing industry. The company emphasizes providing value-driven, energy-efficient homes with modern designs and spacious floorplans. Legacy Housing has been named multiple times to Inc. Magazine's list of America's Fastest Growing Companies.

Legacy Housing Corporation has a significant number of institutional owners and shareholders, with 280 institutional owners holding a total of 11,069,155 shares. Major institutional shareholders include Voss Capital, LLC, Dimensional Fund Advisors Lp, GW&K Investment Management, LLC, Advisory Research Inc, BlackRock, Inc., and Vanguard Group Inc. Individual insider ownership is substantial, with Curtis Drew Hodgson being the largest individual shareholder, owning 16.69 million shares, representing 69.94% of the company. Institutional shareholders own 34.8% of the company, while insiders own 74.40%.