Cavco Industries, Inc. $CVCO Shares Bought by California State Teachers Retirement System

Posted by George Bondi on Sep 11th, 2026

California State Teachers Retirement System raised its holdings in Cavco Industries, Inc. (NASDAQ:CVCO – Free Report) by 56,940.6% during the 2nd quarter, Holdings Channel reports. The firm owned 5,315,616 shares of the construction company’s stock after purchasing an additional 5,306,297 shares during the quarter. California State Teachers Retirement System owned about 0.69% of Cavco Industries worth $3,265,808,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Parkside Financial Bank & Trust increased its stake in shares of Cavco Industries by 13.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 152 shares of the construction company’s stock worth $90,000 after purchasing an additional 18 shares in the last quarter. Sheets Smith Wealth Management lifted its stake in Cavco Industries by 0.9% in the 1st quarter. Sheets Smith Wealth Management now owns 2,250 shares of the construction company’s stock valued at $1,090,000 after buying an additional 20 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Cavco Industries by 12.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 199 shares of the construction company’s stock valued at $86,000 after buying an additional 22 shares in the last quarter. GAMMA Investing LLC grew its holdings in Cavco Industries by 8.6% during the 2nd quarter. GAMMA Investing LLC now owns 415 shares of the construction company’s stock valued at $255,000 after buying an additional 33 shares during the last quarter. Finally, Aristides Capital LLC grew its holdings in Cavco Industries by 4.6% during the 4th quarter. Aristides Capital LLC now owns 902 shares of the construction company’s stock valued at $533,000 after buying an additional 40 shares during the last quarter. 95.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CVCO. Zelman & Associates cut Cavco Industries from an “outperform” rating to a “neutral” rating in a report on Thursday, August 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Cavco Industries in a research report on Friday, August 21st. UBS Group assumed coverage on shares of Cavco Industries in a research note on Friday, June 5th. They issued a “buy” rating and a $700.00 target price for the company. Finally, Zacks Research lowered shares of Cavco Industries from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $700.00.

View Our Latest Research Report on CVCO

Insider Transactions at Cavco Industries

In other news, EVP Allison Aden sold 1,473 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $625.00, for a total transaction of $920,625.00. Following the transaction, the executive vice president directly owned 9,147 shares in the company, valued at $5,716,875. This represents a 13.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Paul Bigbee sold 342 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $592.00, for a total transaction of $202,464.00. Following the completion of the sale, the chief accounting officer directly owned 736 shares in the company, valued at $435,712. This represents a 31.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,845 shares of company stock valued at $1,140,188. Corporate insiders own 1.70% of the company’s stock.

Cavco Industries Stock Down 2.9%

Shares of NASDAQ:CVCO opened at $523.35 on Friday. The company has a market cap of $4.02 billion, a P/E ratio of 22.77 and a beta of 1.28. The business has a fifty day simple moving average of $572.91 and a 200-day simple moving average of $544.93. Cavco Industries, Inc. has a 52 week low of $443.33 and a 52 week high of $713.01.

Cavco Industries (NASDAQ:CVCO – Get Free Report) last released its earnings results on Thursday, July 30th. The construction company reported $5.43 earnings per share for the quarter, missing the consensus estimate of $5.69 by ($0.26). Cavco Industries had a return on equity of 16.51% and a net margin of 7.89%.The business had revenue of $609.96 million for the quarter, compared to analysts’ expectations of $590.54 million. Sell-side analysts expect that Cavco Industries, Inc. will post 22.75 earnings per share for the current fiscal year.

Cavco Industries Company Profile

(Free Report)

Cavco Industries, Inc is a leading designer, manufacturer and retailer of factory-built homes and modular structures. The company produces a range of HUD-code manufactured homes, modular buildings, park model RVs and cabins through its network of production facilities. Its offerings cater to both residential and commercial markets, including customizable single- and multi-section homes, workforce and affordable housing solutions, educational and healthcare modules, as well as specialty lodging products for the recreational vehicle and hospitality industries.

Since its founding in 1967, Cavco has grown through strategic investments and acquisitions, expanding its footprint across the United States and into parts of Canada and Mexico.