Lgi Homes, Inc. (LGIH) Files Form 4 Insider Selling : Eric Thomas Lipar Sells 10,000 Shares

Lgi Homes, Inc. (LGIH): Eric Thomas Lipar , director officer 10% owner of Lgi Homes, Inc. sold 10,000 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $36.66 per share for a total value of $366,600.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 24, 2016, Eric Thomas Lipar (director officer 10% owner ) sold 10,000 shares at $29.96 per share price.On Mar 17, 2016, Rachel Lyons Eaton (Chief Marketing Officer) sold 64 shares at $21.82 per share price.Also, On Mar 17, 2016, Michael Larry Snider (President and COO) sold 628 shares at $21.82 per share price.On Mar 17, 2016, Jack Anthony Lipar (Executive VP of Acquisitions) sold 263 shares at $21.82 per share price.

LGI Homes Inc: On Thursday, Sep 22, 2016 heightened volatility was witnessed in LGI Homes Inc which led to swings in the share price. The shares opened for trading at $36.3 and hit $36.93 on the upside , eventually ending the session at $36.88, with a gain of 1.46% or 0.53 points. The heightened volatility saw the trading volume jump to 4,73,568 shares. The 52-week high of the share price is $40.47 and the company has a market cap of $775 M . The 52-week low of the share price is at $18.74.

LGI Homes Inc Money Flow Index Chart

LGI Homes Inc. is a homebuilder. The Company is engaged in the design construction marketing and sale of new homes in markets in Texas Arizona Florida Georgia New Mexico South Carolina North Carolina and Colorado. The Company’s product offerings include entry-level homes sold under its LGI Homes brand and its move-up homes which are sold under Terrata Homes brand. Terrata Homes brand delivers move-in ready homes. It manages its homebuilding operations under four segments: Texas division Southwest division Southeast division and Florida division. Its Texas division includes Houston Dallas/Ft. Worth San Antonio and Austin operations; Southwest division includes Phoenix Tucson Albuquerque and Denver operations; Southeast division includes Atlanta and Charlotte operations and Florida division includes Tampa Orlando and Fort Myers operations. It has constructed and closed approximately 8500 homes. It has a total of around 453 completed homes and 578 homes in progress.

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