TRI Pointe Group, Inc. (NYSE:TPH) is at least 16.2% than its current record low price of $10.37. There was a -0.66% decline on 6/19/2019 that led the price to move at $12.05. At a recent session, the prices were hovering between $11.65 and $12.12. This company shares are 16.18% off its target price of $14 and the current market capitalization stands at $1.71B. The recent change has given its price a -8.81% deficit over SMA 50 and -30.93% deficit over its 52-week high. The stock witnessed -8.16% declines, -1.79% declines and 5.33% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TPH’s volatility during a week at 3.42% and during a month it has been found around 3.1%.

What Does TRI Pointe Group, Inc. (TPH) Do?

The company describes itself in regulatory filings as, “TRI Pointe Group, Inc. designs constructs and sells single-family homes and condominiums. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment consists of six reportable segments: Maracay Homes, consisting of operations in Arizona; Pardee Homes, consisting of operations in California and Nevada; Quadrant Homes, consisting of operations in Washington; Trendmaker Homes, consisting of operations in Texas; TRI Pointe Homes, consisting of operations in California and Colorado; and Winchester Homes, consisting of operations in Maryland and Virginia. The Financial Services segment comprises of its TRI Pointe Connect mortgage financing operations and its TRI Pointe Assurance title services operations. The company was founded in April 2009 and is headquartered in Irvine, CA.” [Text can be found here: https://www.marketwatch.com/investing/stock/TPH/profile under company description.]

TRI Pointe Group, Inc. (TPH) Top Holders

Institutional investors currently hold around $1.91 billion or 0.05% in TPH stock. Look at its top three institutional owners: Blackrock Inc. owns $214.97 million in TRI Pointe Group, Inc., which represents roughly 12.57% of the company’s market cap and approximately 11.24% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 13,396,343 shares of the stock are valued at $162.5 million. The third largest holder is Vanguard Group Inc, which currently holds $161.64 million worth of this stock and that ownership represents nearly 9.45% of its market capitalization.

TRI Pointe Group, Inc. 13F Filings

At the end of March reporting period, 109 institutional holders increased their position in TRI Pointe Group, Inc. (NYSE:TPH) by some 6,146,711 shares, 117 decreased positions by 16,682,006 and 30 held positions by 134,841,553. That puts total institutional holdings at 157,670,270 shares, according to SEC filings. The stock grabbed 34 new institutional investments totaling 1,069,959 shares while 28 institutional investors sold out their entire positions totaling 2,808,728 shares.

TRI Pointe Group, Inc. (NYSE:TPH) Insider Trades

Multiple company employees have indulged in significant insider trading. TRI Pointe Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO BAUER DOUGLAS F. has sold 71,582 shares of TRI Pointe Group, Inc. (TPH) in the trading session dated May. 30, 2018. These shares are worth $1,265,570 and were traded at $17.68 each. The SEC filing shows that GRUBBS MICHAEL D. performed a sale of 100,000 shares. The CFO and Treasurer disposed these shares by way of transaction on May. 25, 2018. The company’s shares were given away at $17.62 per share worth to an income of some $1,762,000 to the account of GRUBBS MICHAEL D..

CEO, BAUER DOUGLAS F., sold 5,600 common shares of TRI Pointe Group, Inc. (TPH) in the open market. In a transaction dated May. 08, 2018, the shares were put up for sale at an average price of $17.75, raking in a sum of $99,400. After this sale, 1,002,460 common shares of TPH are directly owned by the insider, with total stake valued at $12,079,643.

In the transaction dated Apr. 30, 2018, a great number of shares sold came courtesy the VP & Chief Accounting Officer; KEELER GLENN J. disposed a total of 11,030 shares at an average price of $17.11, amounting to approximately $188,723. The insider now directly owns 33,585 shares worth $404,699.

TRI Pointe Group, Inc. (TPH) Analyst Guide

Several analysts have released their opinion on TRI Pointe Group, Inc. (NYSE:TPH), with 0 analysts believing it is a strong buy. Whereas 8 of them predict the stock is a hold. Also, there are 2 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.91 average brokerage recommendation [T1].