LGI Homes opens Topaz at Skye Canyon, featuring 49 upgraded townhomes with modern amenities in northwest Las Vegas.
Quiver AI Summary
LGI Homes has announced the grand opening of Topaz at Skye Canyon, a new townhome community in Las Vegas, featuring 49 homesites designed for modern living with resort-style amenities. Located within the established Skye Canyon development, the community offers easy access to a variety of amenities including pools, playgrounds, sports fields, and scenic trails, as well as shopping and dining options. Topaz's townhomes, priced from the $380s, come with upgraded finishes and energy-efficient appliances, and include floor plans ranging from three to four bedrooms. The community promises a low-maintenance lifestyle within a gated setting, appealing to both outdoor enthusiasts and those seeking connectivity in a vibrant neighborhood. Interested buyers can learn more by contacting the LGI Homes Information Center.
Potential Positives
- LGI Homes is expanding its market presence with the grand opening of Topaz at Skye Canyon, increasing homebuyer options in a desirable Las Vegas location.
- The community offers a variety of upgraded, low-maintenance townhomes with modern finishes, appealing to a broad range of buyers.
- Topaz at Skye Canyon provides residents with access to extensive amenities, such as pools, recreation centers, and scenic walking trails, enhancing lifestyle appeal.
- LGI Homes is recognized for quality construction and exceptional customer service, evidenced by being named to Newsweek’s list of the World’s Most Trustworthy Companies.
Potential Negatives
- None
FAQ
What is Topaz at Skye Canyon?
Topaz at Skye Canyon is a new townhome community by LGI Homes, offering modern living and resort-style amenities in Las Vegas.
What home sizes are available at Topaz?
Topaz offers three- and four-bedroom townhomes with floor plans ranging from 1,256 to 1,665 square feet.
What amenities can residents expect at Topaz?
Residents will enjoy swimming pools, a recreation center, playgrounds, sports fields, walking trails, shopping, and dining options.
How much do homes at Topaz start from?
Home prices at Topaz start from the $380s, making it an attractive option for potential buyers.
How can interested buyers learn more about Topaz?
Interested buyers can contact the LGI Homes Information Center at (844) 435-2919 ext 734 for additional details.
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 98 institutional investors add shares of $LGIH stock to their portfolio, and 140 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.
$LGIH Analyst Ratings
Wall Street analysts have issued reports on $LGIH in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 10/14/2025
To track analyst ratings and price targets for $LGIH, check out Quiver Quantitative's $LGIH forecast page.
$LGIH Price Targets
Multiple analysts have issued price targets for $LGIH recently. We have seen 2 analysts offer price targets for $LGIH in the last 6 months, with a median target of $71.75.
Here are some recent targets:
- James McCanless from Citizens set a target price of $95.0 on 01/07/2026
- Michael Rehaut from JP Morgan set a target price of $48.5 on 10/14/2025
Full Release
LAS VEGAS, April 08, 2026 (GLOBE NEWSWIRE) -- LGI Homes (NASDAQ: LGIH) proudly announces the grand opening of Topaz at Skye Canyon, an exciting new townhome community located within the highly acclaimed Skye Canyon development in Las Vegas. This vibrant neighborhood offers a unique blend of modern living, convenience and resort-style amenities in one of northwest Las Vegas’ most desirable locations.
Skye Canyon is known for its thoughtfully designed environment, robust amenities and strong sense of community. With the introduction of 49 homesites at Topaz, homebuyers now have the opportunity to enjoy LGI Homes’ upgraded, low-maintenance townhomes while benefiting from the extensive infrastructure and lifestyle offerings that Skye Canyon residents already know and love.
Topaz at Skye Canyon offers residents access to a wide array of existing amenities, including pristine swimming pools, a recreation center, splash pads, playgrounds, multipurpose sports fields and scenic walking trails. Residents will also benefit from convenient on-site shopping and dining options, along with access to excellent schools and neighborhood gathering spaces such as a community clubhouse and café.
Positioned just off US-95 in northwest Las Vegas, Topaz at Skye Canyon provides easy access to major employment centers, retail destinations and entertainment throughout the region. Outdoor enthusiasts will appreciate proximity to hiking and recreation at Mount Charleston, while downtown Las Vegas remains just a short drive away.
“Expanding into Skye Canyon is an exciting opportunity for LGI Homes,” stated Ron Christian, Vice President of Operations for Nevada. “Topaz allows us to offer homebuyers a brand-new product within a well-established, amenity-rich master plan. It’s the perfect combination of new construction and a proven community setting where homeowners can feel at home from the very first day.”
Home prices at Topaz start from the $380s. Customers can choose from a collection of spacious three- and four-bedroom townhome floor plans, each designed with modern finishes, open-concept layouts and attached two-car garages. Every home includes LGI Homes’ CompleteHome Plus™ package, offering a full suite of upgrades at no additional cost. These enhancements include energy-efficient Whirlpool® stainless steel kitchen appliances, 42” wood cabinetry, tile backsplash, designer finishes and other upscale features that elevate everyday living.
Four thoughtfully designed floor plans are available at Topaz at Skye Canyon:
- Charleston – 3 beds, 2.5 baths, 2-car garage, 1,256 sq. ft.
- Frenchman – 3 beds, 2.5 baths, 2-car garage, 1,432 sq. ft.
- Matterhorn – 4 beds, 2.5 baths, 2-car garage, 1,533 sq. ft.
- Wheeler – 3 beds, 2.5 baths, 2-car garage, 1,665 sq. ft.
Residents will enjoy low-maintenance living within a gated community, complemented by scenic parks, walking trails and access to the greater Skye Canyon master plan. Whether spending time at the pool, enjoying weekend events or exploring nearby dining and shopping, Topaz at Skye Canyon offers a lifestyle designed for convenience and connection.
Interested buyers are encouraged to contact the LGI Homes Information Center at (844) 435-2919 ext 734 for additional details. The community is open seven days a week, with hours designed to accommodate a variety of schedules.
With its prime location, resort-style amenities, upgraded interiors and simplified buying process, Topaz at Skye Canyon is poised to become one of the most exciting new home opportunities in the Las Vegas area.
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/aeba0663-b809-48e3-a8ea-10c86cc82493