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 Up 5.1%

NYSE SKY traded up $3.28 on Tuesday, reaching $67.29. The company had a trading volume of 534,814 shares, compared to its average volume of 615,256. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 19.67 and a beta of 1.16. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.61 and a current ratio of 2.41. Champion Homes, Inc. has a 1-year low of $59.44 and a 1-year high of $116.49. The company's fifty day moving average is $69.92 and its 200-day moving average is $84.58.

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

Champion Homes declared that its Board of Directors has authorized a share buyback program on Friday, May 30th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to purchase up to 1.3% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

Analyst Ratings Changes

SKY has been the topic of several analyst reports. Barclays reduced their price target on shares of Champion Homes from $97.00 to $72.00 and set an "equal weight" rating on the stock 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 reduced their price target on shares of Champion Homes from $96.00 to $82.00 and set a "sector perform" rating on the stock in a research report on Wednesday, May 28th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Champion Homes has a consensus rating of "Hold" and an average target price of $80.60.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. 111 Capital purchased a new stake in shares of Champion Homes during the second quarter valued at about $390,000. Truist Financial Corp increased its holdings in shares of Champion Homes by 30.4% during the second quarter. Truist Financial Corp now owns 5,630 shares of the company's stock valued at $352,000 after acquiring an additional 1,312 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its holdings in shares of Champion Homes by 1.1% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 216,262 shares of the company's stock valued at $13,540,000 after acquiring an additional 2,318 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in Champion Homes by 7.4% in the 2nd quarter. State of Alaska Department of Revenue now owns 31,370 shares of the company's stock worth $1,963,000 after buying an additional 2,172 shares during the period. Finally, Congress Asset Management Co. increased its holdings in Champion Homes by 11.2% in the 2nd quarter. Congress Asset Management Co. now owns 735,854 shares of the company's stock worth $46,072,000 after buying an additional 74,276 shares during the period.

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.

About Champion Homes

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.