Landsea Homes Target of Unusually Large Options Trading (NASDAQ:LSEA)

Landsea Homes Co. (NASDAQ:LSEA - Get Free Report) was the recipient of unusually large options trading on Tuesday. Stock investors purchased 2,699 call options on the stock. This represents an increase of 2,168% compared to the typical volume of 119 call options.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Barclays cut their price objective on Landsea Homes from $7.00 to $6.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Oppenheimer downgraded Landsea Homes from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 13th. Finally, Wedbush reiterated a "neutral" rating and issued a $11.30 price target (down from $15.00) on shares of Landsea Homes in a report on Tuesday, May 13th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LSEA. Empowered Funds LLC grew its stake in shares of Landsea Homes by 7.3% during the 1st quarter. Empowered Funds LLC now owns 207,648 shares of the company's stock valued at $1,333,000 after buying an additional 14,147 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Landsea Homes by 63.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,939 shares of the company's stock valued at $109,000 after buying an additional 6,599 shares during the period. AQR Capital Management LLC grew its stake in shares of Landsea Homes by 31.3% during the 1st quarter. AQR Capital Management LLC now owns 379,434 shares of the company's stock valued at $2,436,000 after buying an additional 90,450 shares during the period. Keeley Teton Advisors LLC grew its stake in shares of Landsea Homes by 260.1% during the 1st quarter. Keeley Teton Advisors LLC now owns 226,573 shares of the company's stock valued at $1,455,000 after buying an additional 163,658 shares during the period. Finally, Corebridge Financial Inc. grew its stake in shares of Landsea Homes by 57.7% during the 1st quarter. Corebridge Financial Inc. now owns 14,112 shares of the company's stock valued at $91,000 after buying an additional 5,163 shares during the period. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Landsea Homes Trading Up 0.2%

LSEA traded up $0.02 during trading on Friday, hitting $11.24. The company's stock had a trading volume of 1,720,499 shares, compared to its average volume of 399,951. The firm's 50 day moving average price is $6.73 and its 200-day moving average price is $8.28. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.81 and a quick ratio of 2.81. The stock has a market cap of $409.25 million, a PE ratio of 15.61, a PEG ratio of 0.45 and a beta of 1.60. Landsea Homes has a twelve month low of $5.41 and a twelve month high of $14.04.

Landsea Homes Company Profile

Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities.