New insider activity at Green Brick Partners ( (GRBK) ) has taken place on March 6, 2025.
Neal J Suit, the General Counsel and Executive Vice President of Green Brick Partners, recently sold 2,787 shares of the company’s stock. This transaction was valued at $166,467.
Recent Updates on GRBK stock
Green Brick Partners Inc. has reported strong financial results for Q4 2024, with significant growth in home closings and revenue. The company achieved a record 1,019 home closings in the quarter, leading to a 24% year-over-year increase in home closing revenue, reaching $557 million. Despite challenges such as a 10.7% decline in backlog revenue and the impact of rising mortgage rates, Green Brick’s strategic land acquisitions and strong financial health suggest a positive outlook. The company’s net income for Q4 grew by 42% to $104 million, and diluted EPS increased by 46% to $2.31. Green Brick also reported a record homebuilding gross margin of 33.8% and expanded its land inventory significantly. The company remains optimistic about future growth, supported by demographic trends and a strategic focus on infill submarkets.
More about Green Brick Partners
YTD Price Performance: 6.93%
Average Trading Volume: 320,960
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.64B