Y Intercept Hong Kong Ltd Purchases Shares of 15,853 United Homes Group, Inc. (NASDAQ:UHG)

Y Intercept Hong Kong Ltd acquired a new position in shares of United Homes Group, Inc. (NASDAQ:UHG) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,853 shares of the company’s stock, valued at approximately $97,000.

Separately, Stoneridge Investment Partners LLC bought a new position in United Homes Group during the third quarter worth about $298,000. Institutional investors own 88.85% of the company’s stock.

Insider Transactions at United Homes Group

In related news, COO Ray Shelton Twine III bought 10,000 shares of United Homes Group stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average price of $4.55 per share, with a total value of $45,500.00. Following the acquisition, the chief operating officer now owns 196,736 shares of the company’s stock, valued at approximately $895,148.80. This represents a 5.36 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO James M. Pirrello purchased 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was bought at an average price of $5.00 per share, for a total transaction of $250,000.00. Following the purchase, the chief executive officer now owns 50,000 shares in the company, valued at $250,000. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 65,000 shares of company stock worth $318,350. 85.30% of the stock is owned by company insiders.

United Homes Group Price Performance

Shares of NASDAQ UHG opened at $4.16 on Friday. United Homes Group, Inc. has a twelve month low of $4.01 and a twelve month high of $9.48. The company has a market cap of $201.38 million, a PE ratio of -7.05 and a beta of 0.68. The business’s 50 day moving average price is $5.67 and its two-hundred day moving average price is $5.86. The company has a quick ratio of 1.58, a current ratio of 6.62 and a debt-to-equity ratio of 7.16.

United Homes Group 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.