Champion Homes (NYSE:SKY) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Champion Homes, Inc. (NYSE:SKY). In a filing disclosed on July 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Champion Homes stock on June 16th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

Champion Homes Stock Down 1.0%

SKY stock traded down $0.62 during trading hours on Friday, hitting $64.29. The company's stock had a trading volume of 374,874 shares, compared to its average volume of 614,877. The company has a quick ratio of 1.61, a current ratio of 2.41 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $3.68 billion, a PE ratio of 18.80 and a beta of 1.16. Champion Homes, Inc. has a 12 month low of $59.44 and a 12 month high of $116.49. The stock has a 50 day moving average price of $69.92 and a two-hundred day moving average price of $84.59.

Champion Homes (NYSE:SKY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 27th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.10). The firm had revenue of $593.87 million for the quarter, compared to the consensus estimate of $595.42 million. Champion Homes had a return on equity of 13.61% and a net margin of 7.99%. During the same period in the prior year, the company posted $0.62 earnings per share. Champion Homes's quarterly revenue was up .7% on a year-over-year basis. On average, equities research analysts expect that Champion Homes, Inc. will post 3.63 earnings per share for the current year.

Champion Homes announced that its board has approved a stock buyback program on Friday, May 30th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the company to purchase up to 1.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

Hedge Funds Weigh In On Champion Homes

Large investors have recently modified their holdings of the company. Capital Research Global Investors purchased a new stake in shares of Champion Homes during the 4th quarter valued at $98,978,000. Vanguard Group Inc. increased its position in shares of Champion Homes by 17.3% during the 4th quarter. Vanguard Group Inc. now owns 5,942,992 shares of the company's stock valued at $523,578,000 after purchasing an additional 876,712 shares during the last quarter. Norges Bank purchased a new stake in shares of Champion Homes during the 4th quarter valued at $69,346,000. Alliancebernstein L.P. increased its position in shares of Champion Homes by 67.1% during the 1st quarter. Alliancebernstein L.P. now owns 1,716,459 shares of the company's stock valued at $162,652,000 after purchasing an additional 689,265 shares during the last quarter. Finally, Capital World Investors increased its position in shares of Champion Homes by 31.5% during the 4th quarter. Capital World Investors now owns 2,638,862 shares of the company's stock valued at $232,484,000 after purchasing an additional 632,718 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on SKY shares. Barclays dropped their target price on shares of Champion Homes from $97.00 to $72.00 and set an "equal weight" rating for the company in a research report on Wednesday, May 28th. Zelman & Associates upgraded shares of Champion Homes from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Finally, Royal Bank Of Canada lowered their price objective on shares of Champion Homes from $96.00 to $82.00 and set a "sector perform" rating for the company in a research report on Wednesday, May 28th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $80.60.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Champion Homes Company Profile

Skyline Champion Corporation produces and sells factory-built housing in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family and hospitality sectors. It builds homes under the Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes brands in the United States; and Moduline and SRI Homes brand names in western Canada.