Insider Buying: United Homes Group, Inc. (NASDAQ:UHG) CEO Acquires $3,106,640.00 in Stock

United Homes Group, Inc. (NASDAQ:UHGGet Free Report) CEO Michael P. Nieri purchased 621,328 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The stock was purchased at an average price of $5.00 per share, with a total value of $3,106,640.00. Following the completion of the purchase, the chief executive officer now directly owns 621,328 shares of the company’s stock, valued at approximately $3,106,640. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

United Homes Group Stock Up 10.2 %

NASDAQ:UHG opened at $7.21 on Friday. The company has a market capitalization of $348.75 million, a price-to-earnings ratio of 1.27 and a beta of 0.58. United Homes Group, Inc. has a one year low of $4.79 and a one year high of $13.82. The stock has a 50-day simple moving average of $6.23 and a 200 day simple moving average of $7.04. The company has a debt-to-equity ratio of 3.74, a quick ratio of 1.37 and a current ratio of 7.91.

United Homes Group (NASDAQ:UHGGet Free Report) last issued its earnings results on Friday, May 10th. The company reported $0.02 EPS for the quarter. United Homes Group had a negative return on equity of 295.76% and a net margin of 82.93%. The company had revenue of $100.84 million during the quarter.

Hedge Funds Weigh In On United Homes Group

An institutional investor recently bought a new position in United Homes Group stock. Boston Partners bought a new stake in United Homes Group, Inc. (NASDAQ:UHGFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 270,628 shares of the company’s stock, valued at approximately $2,281,000. Boston Partners owned 0.56% of United Homes Group as of its most recent SEC filing. 88.85% of the stock is owned by institutional investors.

United Homes Group Company Profile

(Get Free Report)

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.

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Insider Buying and Selling by Quarter for United Homes Group (NASDAQ:UHG)

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