LGI Homes closed 351 homes in February 2025 and operates 150 active selling communities.
Quiver AI Summary
LGI Homes, Inc. announced the closure of 351 homes in February 2025 and reported having 150 active selling communities as of February 28, 2025. The company, headquartered in The Woodlands, Texas, has established itself as a leader in the homebuilding industry, employing an innovative approach to design and construction across 36 markets in 21 states. Since its founding in 2003, LGI Homes has closed over 75,000 homes and has consistently delivered profitable results. Recognized for its quality and customer service, the company was included in Newsweek’s list of the World’s Most Trustworthy Companies and has received multiple workplace awards, including the Top Workplaces USA 2024 Award. For more information, visit their website.
Potential Positives
- LGI Homes closed 351 homes in February 2025, indicating strong sales performance.
- The company has 150 active selling communities, reflecting its robust market presence and growth potential.
- LGI Homes has been recognized as one of America’s fastest-growing companies and has closed over 75,000 homes since 2003, showcasing its longevity and success in the homebuilding industry.
- The company was named to Newsweek’s list of the World’s Most Trustworthy Companies, highlighting its reputation for quality construction and exceptional customer service.
Potential Negatives
- Closing only 351 homes in February 2025 may indicate a slowdown in sales compared to previous months or expectations, which could raise concerns about demand in the current market.
FAQ
What were LGI Homes' February 2025 closing numbers?
In February 2025, LGI Homes closed a total of 351 homes.
How many active selling communities does LGI Homes currently have?
As of February 28, 2025, LGI Homes had 150 active selling communities.
What recognition has LGI Homes received for its workplace culture?
LGI Homes was awarded the Top Workplaces USA 2024 Award for its outstanding workplace culture.
When was LGI Homes founded?
LGI Homes was founded in 2003 and has since closed over 75,000 homes.
Where is LGI Homes headquartered?
LGI Homes is headquartered in The Woodlands, Texas.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LGIH Hedge Fund Activity
We have seen 105 institutional investors add shares of $LGIH stock to their portfolio, and 156 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALTSHULER SHAHAM LTD removed 454,760 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $53,898,155
- AMPFIELD MANAGEMENT, L.P. removed 401,404 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $47,574,402
- RIVER ROAD ASSET MANAGEMENT, LLC added 212,468 shares (+30.6%) to their portfolio in Q4 2024, for an estimated $18,994,639
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 180,929 shares (-26.0%) from their portfolio in Q4 2024, for an estimated $16,175,052
- KHROM CAPITAL MANAGEMENT LLC added 177,698 shares (+19.4%) to their portfolio in Q4 2024, for an estimated $15,886,201
- CARLSON CAPITAL, L.P. removed 111,834 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $13,254,565
- NEXT CENTURY GROWTH INVESTORS LLC removed 108,985 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $12,916,902
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
THE WOODLANDS, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 351 homes in February 2025.
As of February 28, 2025, the Company had 150 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2024 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com .
CONTACT:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586
[email protected]
