2 weeks Ago By Defense World Staff
Thrivent Financial for Lutherans boosted its holdings in Cavco Industries, Inc. ( NASDAQ:CVCO – Free Report ) by 37.1% in the second quarter, according to the company in its most recent 13F filing with the SEC.
The fund owned 9,456 shares of the construction company’s stock after buying an additional 2,558 shares during the quarter. Thrivent Financial for Lutherans owned 0.11% of Cavco Industries worth $3,274,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC lifted its position in Cavco Industries by 1,477.4% during the fourth quarter.
Tower Research Capital LLC TRC now owns 5,663 shares of the construction company’s stock valued at $1,963,000 after purchasing an additional 5,304 shares in the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Cavco Industries by 507.
8% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 9,068 shares of the construction company’s stock valued at $3,139,000 after acquiring an additional 7,576 shares during the period.
First Eagle Investment Management LLC grew its holdings in shares of Cavco Industries by 28.8% in the first quarter. First Eagle Investment Management LLC now owns 12,328 shares of the construction company’s stock worth $4,920,000 after purchasing an additional 2,760 shares during the last quarter.
Osterweis Capital Management Inc. increased its position in shares of Cavco Industries by 25.8% during the fourth quarter.
Osterweis Capital Management Inc. now owns 24,372 shares of the construction company’s stock worth $8,448,000 after acquiring an additional 5,004 shares during the period. Finally, Bessemer Group Inc.
increased its holdings in Cavco Industries by 7.1% during the 1st quarter. Bessemer Group Inc.
now owns 34,252 shares of the construction company’s stock worth $13,668,000 after purchasing an additional 2,263 shares during the period. Institutional investors own 95.56% of the company’s stock.
Cavco Industries Stock Performance CVCO opened at $431.82 on Monday. The stock has a market capitalization of $3.
57 billion, a price-to-earnings ratio of 23.53 and a beta of 1.24.
Cavco Industries, Inc. has a fifty-two week low of $233.84 and a fifty-two week high of $444.
90. The company has a fifty day moving average of $402.76 and a two-hundred day moving average of $379.
12. Insider Activity In related news, SVP Steven K. Like sold 575 shares of the stock in a transaction that occurred on Tuesday, August 6th.
The stock was sold at an average price of $366.62, for a total value of $210,806.50.
Following the completion of the sale, the senior vice president now owns 1,255 shares of the company’s stock, valued at $460,108.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website .
In other news, Director Steven G. Bunger sold 4,000 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $409.
20, for a total transaction of $1,636,800.00. Following the completion of the transaction, the director now directly owns 6,547 shares in the company, valued at approximately $2,679,032.
40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website . Also, SVP Steven K.
Like sold 575 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $366.62, for a total transaction of $210,806.
50. Following the completion of the sale, the senior vice president now directly owns 1,255 shares in the company, valued at $460,108.10.
The disclosure for this sale can be found here . Insiders sold 4,663 shares of company stock worth $1,882,930 over the last three months. Insiders own 1.
60% of the company’s stock. Analysts Set New Price Targets A number of analysts have weighed in on the company. Craig Hallum upped their target price on Cavco Industries from $382.
00 to $422.00 and gave the stock a “buy” rating in a report on Monday, August 5th. Wedbush reissued an “outperform” rating and set a $425.
00 price target on shares of Cavco Industries in a research report on Friday, August 2nd. Read Our Latest Research Report on Cavco Industries About Cavco Industries ( Free Report ) Cavco Industries, Inc designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services.
The company markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands. Featured Articles Five stocks we like better than Cavco Industries Low PE Growth Stocks: Unlocking Investment Opportunities Simon Property REIT: A Safe Bet for Growth and Steady Dividends What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story CarMax’s Impressive Rally: What Investors Should Watch Next What Are the U.K.
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