United Homes Group, Inc. (NASDAQ:UHG) Major Shareholder Patrick Michael Nieri Acquires 133,320 Shares

United Homes Group, Inc. (NASDAQ:UHGGet Free Report) major shareholder Patrick Michael Nieri bought 133,320 shares of the company’s stock in a transaction dated Monday, June 10th. The shares were acquired at an average cost of $5.00 per share, with a total value of $666,600.00. Following the acquisition, the insider now directly owns 133,320 shares of the company’s stock, valued at $666,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Patrick Michael Nieri also recently made the following trade(s):

  • On Friday, June 7th, Patrick Michael Nieri bought 144,829 shares of United Homes Group stock. The shares were acquired at an average cost of $5.00 per share, with a total value of $724,145.00.

United Homes Group Trading Up 10.2 %

Shares of UHG opened at $7.21 on Friday. The company has a current ratio of 7.91, a quick ratio of 1.37 and a debt-to-equity ratio of 3.74. United Homes Group, Inc. has a 12-month low of $4.79 and a 12-month high of $13.82. The firm has a 50-day moving average price of $6.23 and a 200 day moving average price of $7.04. The firm has a market capitalization of $348.75 million, a P/E ratio of 1.27 and a beta of 0.58.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in United Homes Group stock. Boston Partners bought a new position in shares of United Homes Group, Inc. (NASDAQ:UHGFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 270,628 shares of the company’s stock, valued at approximately $2,281,000. Boston Partners owned 0.56% of United Homes Group at the end of the most recent reporting period. Institutional investors own 88.85% of the company’s stock.

About United Homes Group

(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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