What happens to stocks if AI loses momentum?
Malissia Clinton, Executive Vice President, Gen. Counsel, and Secretary at Meritage Homes CORP (NYSE:MTH), a $5.3 billion homebuilder currently trading at an attractive P/E ratio of 8.4, sold 6,518 shares of company stock on August 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro analysis, the stock appears undervalued relative to its Fair Value. The sales, totaling $466,619, were executed in two transactions with prices ranging from $71.49 to $72.05.
The first sale involved 5,361 shares at a weighted average price of $71.49, resulting in proceeds of approximately $383,266. These shares were sold in multiple transactions at prices ranging from $70.95 to $71.93. The second sale consisted of 1,157 shares at a weighted average price of $72.05, generating roughly $83,353. These shares were sold in multiple transactions at prices ranging from $71.95 to $72.12.
On August 10, 2025, Clinton also acquired 8,623 shares of Meritage Homes CORP stock upon the vesting of performance-based restricted stock units. The acquisition was priced at $0, with a total value of $0.
Following these transactions, Clinton directly owns 8,749 shares of MTH common stock and 20,045 MTH Common Shares.
In other recent news, Meritage Corporation reported its financial results for the second quarter of 2025, exceeding Wall Street expectations. The company posted an earnings per share (EPS) of $2.04, surpassing the forecast of $1.98. Revenue also outperformed predictions, reaching $1.61 billion compared to the anticipated $1.59 billion. Despite these positive financial results, Meritage’s stock experienced a decline in after-hours trading. This movement reflects investor concerns about broader market trends and internal challenges. These developments come amidst a backdrop of fluctuating market conditions. Analysts had expected a different market reaction given the earnings and revenue beat. However, the stock’s performance highlights the complex dynamics influencing investor sentiment.
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