Stocks of Landsea Homes Corporation (NASDAQ:LSEA) traded higher last session on Wall Street, down -0.53% to $11.21.
LSEA stock price is now 68.45% away from the 50-day moving average and 18.64% away from the 200-day moving average. The market capitalization of the company currently stands at $408.16M.
With the price target of $14, Oppenheimer recently initiated with Outperform rating for Landsea Homes Corporation (NASDAQ: LSEA). On June 23, 2023, Wedbush recently initiated its ‘Neutral’ rating on the stock quoting a target price of $16, while ‘BTIG Research’ rates the stock as ‘Neutral’
In other news, Tian Ming, Director sold 2,521,740 shares of the company’s stock on Dec 09 ’24. The stock was sold for $25,847,835 at an average price of $10.25. Upon completion of the transaction, the Director now directly owns 6,543,411 shares in the company, valued at $73.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 10 ’24, Director Tian Ming sold 378,260 shares of the business’s stock. A total of $3,877,165 was realized by selling the stock at an average price of $10.25. This leaves the insider owning 6,165,151 shares of the company worth $69.11 million. A total of 38.55% of the company’s stock is owned by insiders.
During the past 12 months, Landsea Homes Corporation has had a low of $5.41 and a high of $14.04. As of last week, the company has a debt-to-equity ratio of 1.14, a current ratio of 4.85, and a quick ratio of 0.19. The fifty day moving average price for LSEA is $6.6546 and a two-hundred day moving average price translates $9.448475 for the stock.
The latest earnings results from Landsea Homes Corporation (NASDAQ: LSEA) was released for 2025-03-31. The net profit margin was 0.62% and return on equity was 1.50% for LSEA. The company reported revenue of $310.81 million for the quarter, compared to $294.04 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.7 percent.
