Jack Lipar Insider Selling for 5,791 Shares of LGI Homes, Inc. (LGIH); Alico (ALCO) SI Increased By 1.96%

March 20, 2018 - By Vivian Park

Lgi Homes Inc Executive VP of Acquisitions Jack Lipar on the March 19, 2018 unloaded a total of 5,791 shares of the public firm with a total value of about $369,487 U.S Dollars. This is at average stock price per share of $63.8 U.S Dollars. Today, he owns a total of 70,050 shares or 0.31% of the Company’s total market cap. This considerable trade was reported on March 19, 2018 and is available for free on the Security Exchange Commission’s website.

Alico Inc (NASDAQ:ALCO) had an increase of 1.96% in short interest. ALCO’s SI was 161,400 shares in March as released by FINRA. Its up 1.96% from 158,300 shares previously. With 5,100 avg volume, 32 days are for Alico Inc (NASDAQ:ALCO)’s short sellers to cover ALCO’s short positions. The SI to Alico Inc’s float is 2.48%. The stock decreased 0.18% or $0.05 during the last trading session, reaching $27.2. About 4,140 shares traded. Alico, Inc. (NASDAQ:ALCO) has risen 8.15% since March 20, 2017 and is uptrending. It has underperformed by 8.55% the S&P500.

Analysts await LGI Homes, Inc. (NASDAQ:LGIH) to report earnings on May, 8. They expect $0.70 EPS, up 34.62% or $0.18 from last year’s $0.52 per share. LGIH’s profit will be $15.63M for 23.61 P/E if the $0.70 EPS becomes a reality. After $1.43 actual EPS reported by LGI Homes, Inc. for the previous quarter, Wall Street now forecasts -51.05% negative EPS growth.

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.05, from 1.09 in 2017Q2. It is positive, as 14 investors sold LGI Homes, Inc. shares while 53 reduced holdings. 31 funds opened positions while 42 raised stakes. 19.37 million shares or 3.04% less from 19.98 million shares in 2017Q2 were reported. State Street accumulated 585,440 shares or 0% of the stock. Sanctuary Wealth reported 179 shares. Citigroup has 11,037 shares. Fifth Third Retail Bank holds 13 shares or 0% of its portfolio. Redwood Invs stated it has 178,172 shares or 0.99% of all its holdings. Moreover, Mason Street Advisors Limited Liability Corp has 0.01% invested in LGI Homes, Inc. (NASDAQ:LGIH). Zacks Inv owns 56,421 shares. 1,754 are held by Tower Capital Limited Liability Corporation (Trc). Fortaleza Asset Mgmt Inc holds 0.29% or 3,230 shares in its portfolio. Swiss Bankshares holds 30,081 shares or 0% of its portfolio. Tci Wealth Advisors Incorporated has 0% invested in LGI Homes, Inc. (NASDAQ:LGIH) for 18 shares. 300 are held by Pinnacle Holding Limited. 113,880 were accumulated by Great Lakes Advsrs Limited Liability Corp. Geode Capital Mngmt Limited Liability Company reported 154,385 shares or 0% of all its holdings. Raymond James Associates holds 6,100 shares.

The stock increased 1.40% or $0.91 during the last trading session, reaching $66.11. About 396,410 shares traded. LGI Homes, Inc. (NASDAQ:LGIH) has risen 30.68% since March 20, 2017 and is uptrending. It has outperformed by 13.98% the S&P500.

Since September 21, 2017, it had 1 insider purchase, and 2 sales for $3.08 million activity. Another trade for 3,500 shares valued at $160,335 was made by Snider Michael Larry on Thursday, September 21. $1.80 million worth of LGI Homes, Inc. (NASDAQ:LGIH) was sold by Lipar Eric Thomas on Tuesday, January 16. On Friday, March 2 Edone Ryan bought $78,901 worth of LGI Homes, Inc. (NASDAQ:LGIH) or 1,400 shares.

Among 6 analysts covering LGI Homes (NASDAQ:LGIH), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. LGI Homes has $68 highest and $27 lowest target. $45.25’s average target is -31.55% below currents $66.11 stock price. LGI Homes had 17 analyst reports since August 6, 2015 according to SRatingsIntel. JMP Securities maintained the shares of LGIH in report on Wednesday, November 8 with “Market Outperform” rating. The rating was upgraded by Zacks on Friday, August 7 to “Hold”. Wedbush maintained it with “Hold” rating and $60.0 target in Wednesday, November 8 report. The stock of LGI Homes, Inc. (NASDAQ:LGIH) has “Buy” rating given on Tuesday, December 29 by Sidoti. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, May 16. The rating was downgraded by Wells Fargo on Friday, January 6 to “Market Perform”. The firm has “Neutral” rating by Wedbush given on Tuesday, December 6. As per Monday, February 6, the company rating was downgraded by Wells Fargo. The rating was downgraded by JP Morgan on Wednesday, August 9 to “Neutral”. The stock has “Outperform” rating by Wedbush on Thursday, August 31.

LGI Homes, Inc. engages in the design, construction, marketing, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington, and Tennessee markets. The company has market cap of $1.48 billion. It offers entry-level homes and move-up homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. It has a 13.98 P/E ratio. At December 31, 2016, it owned 59 active communities under the LGI Homes brand; and 4 under the Terrata Homes brand.

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