New insider activity at PulteGroup ( (PHM) ) has taken place on February 12, 2025.
Director Brian P. Anderson recently sold 2,500 shares of PulteGroup stock, with the transaction valued at $266,100.
Recent Updates on PHM stock
PulteGroup’s recent developments have been highlighted by its strong Q4 earnings report, which surpassed expectations with an adjusted EPS of $4.43 against a consensus of $3.27. This performance was bolstered by a significant insurance benefit. The company reported record home sale revenues of $17.3 billion and a solid financial services performance. These results led to analysts adjusting their price targets for PulteGroup. RBC Capital raised its price target due to the earnings beat and a resilient gross margin guide, emphasizing the company’s priority on pricing over pace. Conversely, BTIG and Barclays lowered their targets, citing concerns about PulteGroup’s EPS reliance on insurance benefits and potential downside risks in margin guidance, respectively. Overall, PulteGroup’s strategic investments and financial returns reflect cautious optimism despite challenges like increased land costs and speculative inventory levels.
More about PulteGroup
YTD Price Performance: -0.99%
Average Trading Volume: 2,028,719
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.43B