D R Horton SVP Odom sells $204,924 in company stock

Published 14/08/2025, 21:36
D R Horton SVP Odom sells $204,924 in company stock

Aron M. Odom, SVP, Controller and PAO at D.R. Horton (NYSE:DHI), sold 1,233 shares of the company’s common stock on August 13, 2025. The shares were sold at a price of $166.2, with the transaction amounting to $204,924. The sale comes as D.R. Horton, a prominent player in the Household Durables industry with a market cap of nearly $49 billion, has seen its stock surge over 27% in the past six months.

Following the transaction, Odom directly owns 7,833 shares of D.R. Horton. According to InvestingPro analysis, the stock currently trades above its Fair Value, with the company maintaining a GREAT financial health score. For deeper insights into insider transactions and comprehensive valuation metrics, investors can access the detailed Pro Research Report, available exclusively on InvestingPro.

In other recent news, D.R. Horton has reported impressive fiscal third-quarter results, posting earnings per share of $3.36, surpassing both Citizens’ expectation of $2.80 and consensus estimates of $2.92. The company exceeded its guidance range for home closings, with 23,160 units sold, attributed to improved construction cycle times. Analysts have responded positively to these results, with UBS maintaining a Buy rating and a price target of $187.00, while Keefe, Bruyette & Woods raised their price target from $135.00 to $161.00, citing better-than-expected gross margins. RBC Capital also increased its price target from $105.00 to $117.00, despite maintaining an Underperform rating, due to the strong third-quarter performance and guidance for the fourth quarter. Citizens JMP reiterated a Market Outperform rating with a price target of $180.00, highlighting higher deliveries and improved margins. These developments follow a broader rally in homebuilder stocks, including D.R. Horton, as short-term Treasury yields fell. The market’s reaction is partly due to weaker-than-expected jobs data, which has fueled expectations for Federal Reserve interest rate cuts.

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