On November 7, 2024, Thomas Hartfield, Director at Landsea Homes Corp (LSEA, Financial), executed a sale of 9,986 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this sale, the insider now owns 64,181 shares of Landsea Homes Corp.
Landsea Homes Corp operates in the residential construction industry, focusing on designing and building homes that are innovative and eco-friendly. The company caters to a variety of homebuyers in prime locations across the United States.
Over the past year, Thomas Hartfield has been active in the market with a total of 9,986 shares sold and 5,172 shares purchased. This recent sale contributes to a broader pattern observed within the company, where there have been 13 insider buys and 11 insider sells over the past year.
Shares of Landsea Homes Corp were priced at $11.17 on the day of the sale. The company's market cap stands at $402.377 million. The price-earnings ratio of the stock is 15.55, which is above both the industry median of 14.49 and the company’s historical median.
According to the GF Value, the intrinsic value of Landsea Homes Corp is estimated at $12.41 per share, making the stock modestly undervalued with a price-to-GF-Value ratio of 0.9.
The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and potential future stock movements.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
