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Insider Trends: 90-Day Insider Buying Trend Eased Back with Disposition of Meritage Homes Shares

05/07/2021 14:25

06:17 PM EDT, 05/07/2021 (MT Newswires) -- Gerald W Haddock, Director, sold 4,000 shares in Meritage Homes (MTH) for $445,760 on May 06, 2021. Haddock, following the transactions outlined in the Form 4 SEC filing, owns 6,500 shares of the company, which have a market value of $726,830 as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 35 insider transactions reported to the SEC for Meritage Homes. These transactions came from the activities of 14 different insiders that resulted in a net acquisition of 142,095 company shares. In the preceding 90-day window of time, there was 1 transaction from 1 insider that culminated in the disposition of 1,080 shares.

This is lower than the average level of insider transactions in the 10-company Residential Builders - Single Homes peer group over the last 90-day period. Activity in the peer group averaged 130.3 transactions per company, and disposition of 466,342 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/833079/000083307921000096/xslF345X03/wf-form4_162042569439841.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.