Rep. Josh Gottheimer Buys Tri Pointe Homes, Inc. (NYSE:TPH) Stock

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Tri Pointe Homes, Inc. NYSE: TPH. In a filing disclosed on May 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Tri Pointe Homes stock on April 21st. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Cadre NYSE: CDRE on 4/17/2025.

Tri Pointe Homes Price Performance

NYSE TPH opened at $31.67 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.64 and a current ratio of 2.24. The firm's 50 day moving average price is $30.99 and its 200-day moving average price is $35.40. Tri Pointe Homes, Inc. has a 52-week low of $27.90 and a 52-week high of $47.78. The company has a market cap of $2.87 billion, a PE ratio of 6.56, a P/E/G ratio of 0.67 and a beta of 1.34.

Tri Pointe Homes (NYSE:TPH - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The construction company reported $0.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.25. Tri Pointe Homes had a net margin of 10.36% and a return on equity of 14.34%. The firm had revenue of $720.79 million for the quarter, compared to the consensus estimate of $713.65 million. During the same period last year, the firm earned $1.03 earnings per share. The company's quarterly revenue was down 21.5% on a year-over-year basis. Sell-side analysts forecast that Tri Pointe Homes, Inc. will post 3.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TPH. Royal Bank of Canada downgraded shares of Tri Pointe Homes from an "outperform" rating to a "sector perform" rating and dropped their price objective for the company from $41.00 to $37.00 in a research note on Wednesday, February 19th. Wedbush raised shares of Tri Pointe Homes from a "neutral" rating to an "outperform" rating and increased their target price for the company from $38.00 to $43.00 in a research report on Monday, April 28th. Seaport Res Ptn raised shares of Tri Pointe Homes from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. Oppenheimer decreased their target price on shares of Tri Pointe Homes from $53.00 to $43.00 and set an "outperform" rating for the company in a research report on Wednesday, February 19th. Finally, Evercore ISI decreased their target price on shares of Tri Pointe Homes from $54.00 to $42.00 and set an "outperform" rating for the company in a research report on Wednesday, February 19th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $41.60.

Insider Buying and Selling

In related news, CEO Douglas F. Bauer sold 120,287 shares of the firm's stock in a transaction on Monday, April 28th. The stock was sold at an average price of $30.15, for a total value of $3,626,653.05. Following the completion of the transaction, the chief executive officer now owns 627,833 shares in the company, valued at $18,929,164.95. This trade represents a 16.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Tri Pointe Homes

A number of hedge funds and other institutional investors have recently bought and sold shares of TPH. HighTower Advisors LLC purchased a new position in shares of Tri Pointe Homes in the fourth quarter worth $5,553,000. Principal Financial Group Inc. raised its stake in Tri Pointe Homes by 3.5% in the 4th quarter. Principal Financial Group Inc. now owns 486,100 shares of the construction company's stock worth $17,626,000 after acquiring an additional 16,380 shares during the last quarter. Wells Fargo & Company MN raised its stake in Tri Pointe Homes by 24.9% in the 4th quarter. Wells Fargo & Company MN now owns 53,413 shares of the construction company's stock worth $1,937,000 after acquiring an additional 10,650 shares during the last quarter. William Blair Investment Management LLC raised its stake in Tri Pointe Homes by 2.5% in the 4th quarter. William Blair Investment Management LLC now owns 1,138,547 shares of the construction company's stock worth $41,284,000 after acquiring an additional 27,691 shares during the last quarter. Finally, GW&K Investment Management LLC raised its stake in Tri Pointe Homes by 5.3% in the 4th quarter. GW&K Investment Management LLC now owns 2,036,689 shares of the construction company's stock worth $73,850,000 after acquiring an additional 102,187 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Tri Pointe Homes Company Profile

Tri Pointe Homes, Inc engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six regional home building brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland and Northern Virginia.

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