Paul Bigbee, Cavco Industries CAO, sells $159k in stock

Published 02/09/2025, 23:48
Paul Bigbee, Cavco Industries CAO, sells $159k in stock

Paul Bigbee, Chief Accounting Officer of Cavco Industries NASDAQ:CVCO, sold 300 shares of common stock on August 29, 2025, at a price of $530.45, totaling $159135. The sale comes as the $4.2 billion market cap company trades near its 52-week high of $549.99, with InvestingPro data indicating overbought conditions. The company maintains a "GREAT" financial health score, supported by strong profitability metrics.

Following the transaction, Bigbee directly owns 774 shares of Cavco Industries , Inc., including 461 shares underlying Restricted Stock Units allocated but not yet vested or delivered. For deeper insights into CVCO’s valuation and 12 additional exclusive ProTips, access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Cavco Industries reported impressive financial results for the first quarter of fiscal year 2026, surpassing analyst expectations. The company announced earnings per share of $6.42, which was significantly higher than the forecasted $5.55, resulting in a 15.68% surprise. Additionally, Cavco Industries achieved revenue of $556.9 million, exceeding the anticipated $524.97 million. These results highlight the company’s strong performance in the recent quarter. Analysts had projected lower figures, indicating that Cavco Industries outperformed market expectations. This development is crucial for investors tracking the company’s financial health. The earnings announcement is a key indicator of the company’s current standing and future potential.

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