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Stock impact report

Insider Stock Buying Reaches US$3.33m On United Homes Group [Yahoo! Finance]

United Homes Group, Inc - Class A (UHG) 
Company Research Source: Yahoo! Finance
In the last year, multiple insiders have substantially increased their holdings of United Homes Group, Inc. NASDAQ:UHG ) stock, indicating that insiders' optimism about the company's prospects has increased. Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing. The Last 12 Months Of Insider Transactions At United Homes Group Over the last year, we can see that the biggest insider purchase was by Chairman & CEO Michael Nieri for US$3.1m worth of shares, at about US$5.00 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$5.60. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. United Homes Group insiders may have bought shares in the last year, but they didn't sell any. You can see the insi Show less Read more
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