LGI Homes announces the grand opening of Citrus Place, a new home community in Babson Park, Florida, with various home options.
Quiver AI Summary
LGI Homes, Inc. has announced the grand opening of Citrus Place, a new community located in Babson Park, Florida, with home prices starting in the high-$200s. This community offers a range of newly built homes on large lots, complete with features designed for comfortable outdoor living and modern amenities. Situated conveniently near Highway 17 and downtown Lake Wales, Citrus Place provides easy access to shopping, dining, and recreational opportunities. The community will include a park and playground, promoting a family-friendly environment. LGI Homes emphasizes variety in its offerings, from three-bedroom to five-bedroom homes, catering to diverse buyer needs. For more details or to arrange a tour, interested parties can contact the company or visit their website.
Potential Positives
- Grand opening of Citrus Place expands LGI Homes’ footprint in Central Florida, enhancing brand visibility and market presence.
- New community offers homes starting in the high-$200s, providing affordable options for homebuyers in a desirable location.
- Citrus Place features a variety of thoughtfully designed floor plans, appealing to diverse buyer needs and lifestyle preferences.
- Community includes amenities like a park and playground, fostering a family-friendly environment and enhancing resident satisfaction.
Potential Negatives
- None
FAQ
What is Citrus Place, and where is it located?
Citrus Place is a new community by LGI Homes located in Babson Park, Polk County, Central Florida.
What home prices can buyers expect at Citrus Place?
Homes at Citrus Place start in the high-$200s, offering great value for potential homeowners.
What types of homes are available at Citrus Place?
Citrus Place features a variety of floor plans, including three-bedroom to five-bedroom homes with modern finishes.
What amenities are included in the Citrus Place community?
The community includes a park, playground, and access to nearby parks and lakes for residents to enjoy.
How can interested buyers learn more about Citrus Place?
Potential buyers can call (833) 308-2458 or visit LGIHomes.com/CitrusPlace for more information or to schedule a tour.
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 Insider Trading Activity
$LGIH insiders have traded $LGIH stock on the open market 18 times in the past 6 months. Of those trades, 0 have been purchases and 18 have been sales.
Here’s a breakdown of recent trading of $LGIH stock by insiders over the last 6 months:
- ERIC THOMAS LIPAR (CEO and Chairman of the Board) has made 0 purchases and 6 sales selling 39,898 shares for an estimated $1,675,684.
- MICHAEL LARRY SNIDER (President and COO) has made 0 purchases and 6 sales selling 13,887 shares for an estimated $583,777.
- CHARLES MICHAEL MERDIAN (CFO and Treasurer) has made 0 purchases and 3 sales selling 7,211 shares for an estimated $303,134.
- SCOTT JAMES GARBER (General Counsel and Secretary) has made 0 purchases and 3 sales selling 1,353 shares for an estimated $56,877.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LGIH Revenue
$LGIH had revenues of $474M in Q4 2025. This is a decrease of -14.97% from the same period in the prior year.
You can track LGIH financials on Quiver Quantitative's LGIH stock page.
$LGIH Congressional Stock Trading
Members of Congress have traded $LGIH stock 7 times in the past 6 months. Of those trades, 6 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $LGIH stock by members of Congress over the last 6 months:
- REPRESENTATIVE TIM MOORE has traded it 7 times. They made 6 purchases worth up to $350,000 on 03/20, 03/19, 03/18, 03/12, 11/04, 10/30 and 1 sale worth up to $100,000 on 11/05.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$LGIH Hedge Fund Activity
We have seen 94 institutional investors add shares of $LGIH stock to their portfolio, and 146 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP removed 447,995 shares (-70.9%) from their portfolio in Q1 2026, for an estimated $17,709,242
- TRIBUTARY CAPITAL MANAGEMENT, LLC removed 386,072 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $16,585,653
- CITADEL ADVISORS LLC removed 262,927 shares (-65.1%) from their portfolio in Q4 2025, for an estimated $11,295,343
- TWO SIGMA INVESTMENTS, LP added 221,765 shares (+634.2%) to their portfolio in Q4 2025, for an estimated $9,527,024
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 153,112 shares (-20.4%) from their portfolio in Q4 2025, for an estimated $6,577,691
- FMR LLC added 147,710 shares (+1117.6%) to their portfolio in Q4 2025, for an estimated $6,345,621
- NFJ INVESTMENT GROUP, LLC removed 137,108 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $5,890,159
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LAKE WALES, Fla., April 21, 2026 (GLOBE NEWSWIRE) -- LGI Homes , Inc. (NASDAQ: LGIH) is proud to announce the grand opening of Citrus Place , a remarkable new community in the charming town of Babson Park within Polk County, in the heart of Central Florida. Homes start in the high-$200s, providing exceptional value to area homebuyers.
Citrus Place offers homeowners a unique opportunity to own a brand-new home in a peaceful setting while maintaining close proximity to everyday conveniences. Ideally located in southern Polk County just minutes from Highway 17 and less than ten minutes from Downtown Lake Wales, residents will enjoy easy access to local shopping, dining, entertainment and major employment centers, making it an ideal location for families and professionals alike.
This thoughtfully designed community will feature a selection of beautifully crafted homes on oversized 75’ and 80’ lots, many of which feature expansive covered back patios, perfect for outdoor living and entertaining year-round. Each home comes equipped with LGI Homes’ CompleteHome™ or CompleteHomePlus™ packages, offering a variety of designer finishes and modern features at no additional cost, delivering exceptional value and style to homeowners.
“Citrus Place is designed to offer something for every buyer, with a wide range of thoughtfully designed floor plans from comfortable three-bedroom, two-bath homes with two-car garages to spacious five-bedroom, three-bath homes with three-car garages and up to 2,414 square feet of living space,” said John Gammon, Vice President of Sales. “This flexibility allows homeowners to find the perfect fit for their lifestyle, all within a welcoming Babson Park community.”
In addition to its upgraded homes, Citrus Place will feature a community park and playground, creating a welcoming environment for families and neighbors to gather. The community is also surrounded by abundant outdoor recreational opportunities. Residents can explore nearby parks, lakes and nature areas, making it easy to enjoy Florida’s year-round sunshine. Whether spending weekends on the water or enjoying scenic walking trails, homeowners will appreciate the balance of relaxation and adventure just outside their doorstep.
For more information or to schedule a tour of Citrus Place, interested buyers can call (833) 308-2458 or visit LGIHomes.com/CitrusPlace .
About LGI Homes
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. LGI Homes has closed over 80,000 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 2025 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 .
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ed5ec85-b66a-4616-a168-0d18cd1279aa
