Erin Claire Helgren Sells 1,100 Shares of Champion Homes (NYSE:SKY) Stock

Champion Homes, Inc. (NYSE:SKYGet Free Report) Director Erin Claire Helgren sold 1,100 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $95.00, for a total transaction of $104,500.00. Following the sale, the director directly owned 8,196 shares in the company, valued at approximately $778,620. This represents a 11.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Champion Homes Trading Up 1.3%

Shares of SKY opened at $94.18 on Wednesday. Champion Homes, Inc. has a twelve month low of $63.69 and a twelve month high of $99.17. The company has a current ratio of 2.74, a quick ratio of 1.97 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $5.11 billion, a P/E ratio of 27.46 and a beta of 1.01. The firm’s 50-day moving average is $82.83 and its two-hundred day moving average is $80.96.

Champion Homes (NYSE:SKYGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. The company had revenue of $710.23 million during the quarter, compared to the consensus estimate of $701.98 million. Champion Homes had a net margin of 7.16% and a return on equity of 12.52%. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period last year, the firm earned $1.19 EPS. On average, research analysts predict that Champion Homes, Inc. will post 3.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on SKY. Barclays boosted their target price on Champion Homes from $102.00 to $109.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. UBS Group lifted their price target on Champion Homes from $93.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their price objective on shares of Champion Homes from $92.00 to $99.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Zelman & Associates raised shares of Champion Homes from a “hold” rating to an “outperform” rating in a research note on Thursday, August 6th. Finally, Zacks Research upgraded shares of Champion Homes from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $104.00.

View Our Latest Analysis on Champion Homes

Hedge Funds Weigh In On Champion Homes

Several hedge funds have recently bought and sold shares of SKY. Los Angeles Capital Management LLC purchased a new stake in shares of Champion Homes in the fourth quarter valued at $26,000. UMB Bank n.a. increased its position in Champion Homes by 78.9% during the 4th quarter. UMB Bank n.a. now owns 313 shares of the company’s stock worth $26,000 after purchasing an additional 138 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Champion Homes during the 4th quarter worth about $26,000. Parallel Advisors LLC raised its stake in Champion Homes by 668.6% in the 1st quarter. Parallel Advisors LLC now owns 392 shares of the company’s stock valued at $29,000 after purchasing an additional 341 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in Champion Homes in the 3rd quarter valued at about $35,000.

About Champion Homes

(Get Free Report)

Champion Homes, traded under the NYSE ticker SKY, operates as a leading provider of factory-built housing solutions in North America. The company specializes in the design, manufacture and sale of manufactured and modular homes, serving a broad spectrum of customers from first-time homebuyers to those seeking upscale residential properties. Champion Homes leverages vertically integrated operations to streamline production, ensuring consistent quality and cost efficiencies across its product lines.

The company’s product portfolio encompasses single- and multi-section modular homes, manufactured home models, park models and select commercial modular buildings.

Featured Articles

Insider Buying and Selling by Quarter for Champion Homes (NYSE:SKY)

Receive News & Ratings for Champion Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Champion Homes and related companies with MarketBeat.com's FREE daily email newsletter.