Sanctuary Advisors LLC Has $488,000 Stock Holdings in Landsea Homes Co. (NASDAQ:LSEA)

Sanctuary Advisors LLC increased its position in Landsea Homes Co. (NASDAQ:LSEA) by 27.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,548 shares of the company’s stock after buying an additional 8,496 shares during the quarter. Sanctuary Advisors LLC’s holdings in Landsea Homes were worth $488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Gladius Capital Management LP acquired a new position in Landsea Homes in the 3rd quarter valued at approximately $32,000. Signaturefd LLC bought a new stake in shares of Landsea Homes in the second quarter worth $28,000. Point72 Asset Management L.P. acquired a new stake in Landsea Homes in the second quarter valued at $31,000. Quarry LP bought a new position in Landsea Homes during the 3rd quarter worth $44,000. Finally, SG Americas Securities LLC acquired a new position in Landsea Homes during the 3rd quarter worth about $125,000. Institutional investors own 82.99% of the company’s stock.

Analysts Set New Price Targets

Separately, B. Riley restated a “buy” rating and set a $18.00 price objective (up from $17.00) on shares of Landsea Homes in a research report on Tuesday, November 5th.

Landsea Homes Trading Down 1.3 %

NASDAQ LSEA opened at $8.69 on Thursday. The stock has a market capitalization of $315.30 million, a P/E ratio of 12.07, a P/E/G ratio of 0.71 and a beta of 1.15. The business has a 50 day simple moving average of $10.73 and a 200 day simple moving average of $10.95. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.81 and a quick ratio of 2.81. Landsea Homes Co. has a one year low of $8.28 and a one year high of $14.91.

Insiders Place Their Bets

In other Landsea Homes news, Director Thomas Hartfield sold 5,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $10.62, for a total value of $53,100.00. Following the transaction, the director now owns 59,181 shares in the company, valued at approximately $628,502.22. This represents a 7.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ming Tian sold 2,521,740 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $10.25, for a total value of $25,847,835.00. Following the sale, the director now owns 6,543,411 shares of the company’s stock, valued at approximately $67,069,962.75. This represents a 27.82 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,098,943 shares of company stock worth $62,522,303. Corporate insiders own 51.00% of the company’s stock.

About Landsea Homes

Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities.