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

United Homes Group, Inc. (NASDAQ:UHG) CEO James M. Pirrello acquired 50,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were bought at an average cost of $5.00 per share, with a total value of $250,000.00. Following the transaction, the chief executive officer now directly owns 50,000 shares of the company’s stock, valued at $250,000. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

United Homes Group Stock Performance

UHG stock traded up $0.04 during trading on Friday, reaching $4.46. 78,541 shares of the stock were exchanged, compared to its average volume of 29,288. The stock has a 50 day simple moving average of $5.80 and a 200-day simple moving average of $5.89. The company has a current ratio of 6.62, a quick ratio of 1.58 and a debt-to-equity ratio of 7.16. The company has a market capitalization of $215.91 million, a P/E ratio of -7.56 and a beta of 0.68. United Homes Group, Inc. has a twelve month low of $4.05 and a twelve month high of $9.48.

Institutional Trading of United Homes Group

Several institutional investors have recently modified their holdings of UHG. Stoneridge Investment Partners LLC acquired a new position in shares of United Homes Group in the third quarter valued at $298,000. Y Intercept Hong Kong Ltd bought a new stake in United Homes Group in the 3rd quarter valued at $97,000. Finally, Barclays PLC raised its stake in shares of United Homes Group by 260.8% in the 3rd quarter. Barclays PLC now owns 7,500 shares of the company’s stock valued at $46,000 after buying an additional 5,421 shares in the last quarter. Institutional investors and hedge funds own 88.85% of the company’s stock.

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.