Insider Buying: United Homes Group, Inc. (NASDAQ:UHG) CEO Buys $250,000.00 in Stock

United Homes Group, Inc. (NASDAQ:UHG) CEO James M. Pirrello purchased 50,000 shares of United Homes Group stock in a transaction on Wednesday, December 11th. The stock was bought at an average cost of $5.00 per share, for a total transaction of $250,000.00. Following the transaction, the chief executive officer now directly owns 50,000 shares in the company, valued at $250,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

United Homes Group Stock Up 0.9 %

UHG stock opened at $4.46 on Monday. The company’s 50 day moving average price is $5.77 and its 200 day moving average price is $5.90. The firm has a market capitalization of $215.90 million, a price-to-earnings ratio of -7.56 and a beta of 0.68. United Homes Group, Inc. has a fifty-two week low of $4.05 and a fifty-two week high of $9.48. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.58 and a current ratio of 6.62.

Institutional Investors Weigh In On United Homes Group

A number of large investors have recently modified their holdings of the company. Barclays PLC grew its stake in shares of United Homes Group by 260.8% during the third quarter. Barclays PLC now owns 7,500 shares of the company’s stock worth $46,000 after purchasing an additional 5,421 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in United Homes Group during the 3rd quarter worth about $97,000. Finally, Stoneridge Investment Partners LLC acquired a new position in shares of United Homes Group during the 3rd quarter worth about $298,000. 88.85% of the stock is owned by hedge funds and other institutional investors.

United Homes Group Company Profile

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.