Beazer Homes Usa Inc (BZH): Robert L. Salomon , CFO of Beazer Homes Usa Inc purchased 4,500 shares on May 5, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.25 per share for a total value of $32,609.70 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, Stephen P Jr Zelnak (director) purchased 55,000 shares at $7.25 per share price.On Feb 9, 2016, Brian C Beazer (director) purchased 15,000 shares at $6.63 per share price.Also, On Feb 9, 2016, Robert L. Salomon (CFO) purchased 9,500 shares at $6.62 per share price.On Feb 9, 2016, Elizabeth S Acton (director) purchased 2,500 shares at $6.68 per share price.
Beazer Homes USA: On Friday, May 6, 2016 heightened volatility was witnessed in Beazer Homes USA which led to swings in the share price. The shares opened for trading at $7.13 and hit $7.47 on the upside , eventually ending the session at $7.19, with a gain of 0.42% or 0.03 points. The heightened volatility saw the trading volume jump to 6,64,828 shares. The 52-week high of the share price is $21.19 and the company has a market cap of $238 M . The 52-week low of the share price is at $6.07.
Company has been under the radar of several Street Analysts.Beazer Homes USA is Downgraded by UBS to Neutral while Lowering the Price Target of the company shares to $ 8 from a previous price target of $12 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 4, 2016.
Beazer Homes USA Inc. is a diversified homebuilder with operations in 16 states within three geographic regions in the United States: West East and Southeast. The Companys homes are designed to appeal to homeowners at various price points across various demographic segments and are generally offered for sale in advance of their construction. It has three homebuilding segments: West which includes Arizona California Nevada and Texas; East which includes Delaware Indiana Maryland New Jersey New York Pennsylvania Tennessee (Nashville) and Virginia; and Southeast which includes Florida Georgia North Carolina (Raleigh) and South Carolina. The Company partners with Moen Certain Teed and DuPont Tyvek. The Company provides information about the active communities through its Internet Website located atwww.beazer.com.