LGI Homes announces Waters Farm, a new community in Woodruff, SC, featuring single-family homes and modern amenities.
Quiver AI Summary
LGI Homes, Inc. has announced the launch of Waters Farm, a new community in Woodruff, South Carolina, featuring single-family homes designed for modern living. Located near Greenville and Spartanburg, Waters Farm combines small-town charm with access to urban amenities, job opportunities, and outdoor recreation. The community will offer six new floor plans for three- and four-bedroom homes, featuring LGI Homes’ CompleteHome™ package with energy-efficient appliances and stylish upgrades. Residents will benefit from onsite amenities, including a playground, and proximity to parks and local dining. With 198 homesites available, pricing starts in the $270s, and interested buyers can visit the Information Center at the community.
Potential Positives
- LGI Homes announces the launch of Waters Farm, a new community in Woodruff, South Carolina, which enhances its portfolio and market presence in the Greenville-Spartanburg area.
- The community offers innovative home designs with six new floor plans that are not previously available in the market, appealing to a wide range of homebuyers.
- Waters Farm features LGI Homes' CompleteHome™ package, providing modern upgrades at no additional cost, which positions the homes as excellent value for prospective buyers.
- The strategic location of Waters Farm near major employers and urban amenities positions it as an attractive option for homebuyers seeking convenience and economic stability.
Potential Negatives
- None
FAQ
What is Waters Farm by LGI Homes?
Waters Farm is a new community in Woodruff, SC, featuring single-family homes designed for modern living.
Where is Waters Farm located?
Waters Farm is conveniently located in Woodruff, South Carolina, near Greenville and Spartanburg.
What amenities are available at Waters Farm?
Residents will enjoy a children's playground and easy access to local dining, shopping, and outdoor recreation.
What home designs are offered at Waters Farm?
Waters Farm features six unique floor plans with three- and four-bedroom homes, including new designs for the local market.
How can I get more information about Waters Farm?
For more details, visit the Information Center at Waters Farm or call (877) 691-8369.
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 96 institutional investors add shares of $LGIH stock to their portfolio, and 141 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- 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
- MORGAN STANLEY removed 136,003 shares (-28.0%) from their portfolio in Q4 2025, for an estimated $5,842,688
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
GREENVILLE-SPARTANBURG, S.C., April 13, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces Waters Farm, an exciting new community in Woodruff, South Carolina, offering beautifully crafted single-family homes. Located in the welcoming town of Woodruff, Waters Farm offers small-town charm with convenient access to large city amenities throughout the Greenville-Spartanburg area.
Positioned just a short drive from both Greenville and Spartanburg, Waters Farm offers residents easy access to the area’s best parks, dining, and shopping destinations. The community is also an easy commute to leading regional employers, including BMW Manufacturing, GE, and Michelin, providing strong job opportunities and economic stability for homeowners.
Waters Farm will feature a collection of thoughtfully designed three- and four-bedroom homes, including six unique floor plans, four of which are designs new to the Greenville market. Many of these new plans showcase large covered patios, expansive living areas, and spacious master bedroom suites. Each home highlights LGI Homes’ signature CompleteHome™ package, providing modern upgrades at no additional cost, including energy-efficient Whirlpool® appliances, granite countertops, luxury vinyl plank flooring, recessed lighting, and professionally landscaped front yards. Homes also include attached two-car garages, open-concept layouts, and builder-paid closing costs, delivering exceptional value and move-in-ready convenience.
“Waters Farm offers the perfect balance of community, comfort and accessibility,” stated Chris Cositore, Vice President of Sales for South Carolina. “Homebuyers will enjoy the charm of downtown Woodruff paired with quick access to Greenville and Spartanburg, along with professionally designed homes that are ready to live in from day one.”
Six thoughtfully designed floor plans will be available at Waters Farm:
- Arcadia – 3 beds, 2 baths, 2-car garage, 1,309 sq. ft.
- Harris – 3 beds, 2 baths, 2-car garage, 1,415 sq. ft.
- Carolina – 3 beds, 2.5 baths, 2-car garage, 1,700 sq. ft.
- Ashwood – 3 beds, 2.5 baths, 2-car garage, 2,060 sq. ft.
- Piedmont – 4 beds, 2.5 baths, 2-car garage, 1,886 sq. ft.
- Cherokee – 4 beds, 2.5 baths, 2-car garage, 2,320 sq. ft.
Residents at Waters Farm will enjoy onsite amenities, including a children’s playground, along with proximity to locally owned dining and shopping in downtown Woodruff. The area also offers abundant outdoor recreation opportunities at nearby destinations such as McKinney Park, Woodruff Greenway, and Croft State Park, ideal for walking, biking, and hiking adventures.
At full build-out, Waters Farm will feature 198 homesites, with pricing starting in the $270s. Interested buyers are encouraged to visit LGI Homes at Waters Farm, located at 112 Whiteheath Court. Woodruff, SC 29388. The Information Center is open daily. For more information, please call (877) 691-8369 or request additional details online.
With its prime location, onsite amenities, all-inclusive upgrades, and commitment to making homeownership simple and stress-free, Waters Farm is poised to become one of the most anticipated new communities in the Greenville-Spartanburg region.
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/f9a0565f-abaf-4407-a8ca-69e439e4e213