BidaskClub downgraded shares of A V Homes, Inc. (NASDAQ:AVHI) from a hold rating to a sell rating in a research report released on Thursday morning.

Several other analysts have also issued reports on the stock. Zacks Investment Research upgraded shares of A V Homes from a sell rating to a hold rating in a research report on Tuesday, August 22nd. JMP Securities lowered shares of A V Homes from an outperform rating to a market perform rating in a research report on Wednesday, July 19th.

Shares of A V Homes (NASDAQ AVHI) opened at 15.05 on Thursday. A V Homes has a one year low of $14.65 and a one year high of $20.50. The company has a market cap of $337.95 million, a PE ratio of 11.32 and a beta of 0.55. The stock’s 50 day moving average price is $16.99 and its 200-day moving average price is $17.02.

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In other A V Homes news, Director Roger Einiger bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was bought at an average cost of $15.45 per share, for a total transaction of $77,250.00. Following the completion of the transaction, the director now owns 41,537 shares of the company’s stock, valued at approximately $641,746.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joshua Lionel Nash bought 28,093 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The shares were acquired at an average price of $15.25 per share, with a total value of $428,418.25. Following the completion of the transaction, the director now directly owns 193,475 shares of the company’s stock, valued at approximately $2,950,493.75. The disclosure for this purchase can be found here. Insiders have purchased 125,177 shares of company stock valued at $1,908,263 over the last 90 days. 6.80% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in AVHI. The Manufacturers Life Insurance Company raised its stake in shares of A V Homes by 11.8% in the second quarter. The Manufacturers Life Insurance Company now owns 11,477 shares of the financial services provider’s stock valued at $230,000 after buying an additional 1,210 shares during the period. State Street Corp raised its stake in shares of A V Homes by 11.6% in the second quarter. State Street Corp now owns 231,478 shares of the financial services provider’s stock valued at $4,638,000 after buying an additional 24,053 shares during the period. Cornerstone Capital Management Holdings LLC. raised its stake in shares of A V Homes by 70.7% in the second quarter. Cornerstone Capital Management Holdings LLC. now owns 66,632 shares of the financial services provider’s stock valued at $1,335,000 after buying an additional 27,600 shares during the period. Ulysses Management LLC raised its stake in shares of A V Homes by 0.7% in the second quarter. Ulysses Management LLC now owns 547,753 shares of the financial services provider’s stock valued at $10,982,000 after buying an additional 3,673 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of A V Homes during the second quarter valued at about $345,000. Institutional investors own 83.76% of the company’s stock.

A V Homes Company Profile

AV Homes, Inc is a homebuilder engaged in the business of homebuilding and community development in Florida, Arizona and the Carolinas. The Company is also engaged in other real estate activities, such as the operation of amenities and the sale of land for third-party development. The Company’s segments include Florida, Arizona and the Carolinas.

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