LGIHNasdaqOperative BuildersFiscal year ends December 31
LGI Homes, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$41.07−1.94 (-4.51%)
Close on Oct 19, 2026
- Market cap
- $956.09M
- P/E (TTM)
- 14.4
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
91.5%
21M of 23M shares
Institutional holders
252
70 new, 18 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 18 sales
Net sold $2.62M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 3,377,590 | – | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Portfolio Management | 1,282,819 | 5.54% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 1,244,316 | 5.40% | 13G (passive) | Sep 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LGIH | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 3,561,545 | 15.32% | $226.80M | +125,294 | 0.00% |
| Vanguard Portfolio Management LLC | 1,293,672 | 5.56% | $82.38M | +18,723 | 0.00% |
| State Street Corp | 1,207,427 | 5.19% | $76.89M | −33,327 | 0.00% |
| Atlas FRM LLC | 967,000 | 4.16% | $61.58M | +327,000 | 2.64% |
| Vanguard Capital Management LLC | 883,343 | 3.80% | $56.25M | +14,435 | 0.00% |
| Disciplined Growth Investors Inc /Mn | 815,069 | 3.51% | $51.90M | +93,468 | 0.88% |
| River Road Asset Management, LLC | 798,542 | 3.43% | $50.85M | −38,865 | 0.57% |
| CDAM (UK) Ltd | 725,470 | 3.12% | $46.20M | −174,761 | 11.93% |
| Dimensional Fund Advisors LP | 723,490 | 3.11% | $46.07M | −359,304 | 0.01% |
| Altshuler Shaham Ltd | 714,265 | 3.07% | $45.48M | −372,998 | 0.57% |
| Goldman Sachs Group Inc | 666,490 | 2.87% | $42.44M | +8,311 | 0.00% |
| Citadel Advisors LLC | 580,630 | 2.50% | $36.97M | +555,366 | 0.00% |
| Geode Capital Management, LLC | 555,716 | 2.39% | $35.39M | +29,884 | 0.00% |
| Frontier Capital Management Co LLC | 525,699 | 2.26% | $33.48M | −103,230 | 0.31% |
| Charles Schwab Investment Management Inc | 458,650 | 1.97% | $29.21M | −33,360 | 0.00% |
| Morgan Stanley | 434,556 | 1.87% | $27.67M | +118,934 | 0.00% |
| Invesco Ltd. | 370,574 | 1.59% | $23.60M | +239,281 | 0.00% |
| Millennium Management LLC | 357,824 | 1.54% | $22.79M | −198,710 | 0.01% |
| Two Sigma Investments, LP | 304,216 | 1.31% | $19.37M | −16,346 | 0.01% |
| T. Rowe Price Investment Management, Inc. | 296,734 | 1.28% | $18.90K | New | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 252 | 21M | 91.5% | 70 / 79 | 70 / 18 | 4M | 3M |
| Q1 2026 | 206 | 21M | 89.2% | 34 / 62 | 84 / 42 | 5M | 2M |
| Q4 2025 | 219 | 20M | 85.6% | 38 / 68 | 87 / 53 | 2M | 2M |
| Q3 2025 | 239 | 20M | 87.8% | 45 / 90 | 69 / 30 | 2M | 2M |
| Q2 2025 | 226 | 21M | 90.1% | 39 / 90 | 67 / 50 | 2M | 1M |
| Q1 2025 | 238 | 20M | 86.5% | 44 / 94 | 70 / 30 | 2M | 2M |
| Q4 2024 | 227 | 20M | 85.8% | 25 / 84 | 80 / 47 | 1M | 2M |
| Q3 2024 | 254 | 21M | 88.2% | 46 / 77 | 96 / 36 | 6M | 2M |
| Q2 2024 | 245 | 20M | 86.1% | 31 / 101 | 79 / 32 | 3M | 3M |
| Q1 2024 | 248 | 21M | 88.2% | 30 / 90 | 89 / 30 | 2M | 2M |
| Q4 2023 | 248 | 20M | 87.4% | 42 / 86 | 86 / 31 | 2M | 2M |
| Q3 2023 | 240 | 21M | 89.9% | 42 / 68 | 85 / 24 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LGIH | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,231,963 | 5.30% | $78.45M | 0.07% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 628,367 | 2.70% | $40.01M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 539,063 | 2.32% | $34.33M | 0.04% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 453,273 | 1.95% | $28.86M | 0.02% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Homebuilders ETF | 304,017 | 1.31% | $19.36M | 1.19% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 286,886 | 1.23% | $18.27M | 0.03% | Jun 30, 2026 |
| Invesco Building & Construction ETF | 263,938 | 1.14% | $14.40M | 3.35% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 233,396 | 1.00% | $14.86M | 0.02% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 228,115 | 0.98% | $12.45M | 0.04% | Jul 31, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 220,283 | 0.95% | $14.03M | 0.12% | Jun 30, 2026 |
| Wasatch Micro Cap Fund | 209,748 | 0.90% | $13.36M | 1.98% | Jun 30, 2026 |
| Schwab Fundamental U.S. Small Company ETF | 208,365 | 0.90% | $9.96M | 0.11% | May 31, 2026 |
| iShares U.S. Home Construction ETF | 197,450 | 0.85% | $12.57M | 0.48% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 191,903 | 0.83% | $12.22M | 0.08% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 187,551 | 0.81% | $11.94M | 0.07% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Eric Thomas Lipar | CEO and Chairman of the Board, Director, 10% owner | 2,356,666 | 10.14% | Mar 10, 2026 |
| Charles Michael Merdian | CFO and Treasurer | 165,422 | 0.71% | Mar 10, 2026 |
| Michael Larry Snider | President and COO | 211,731 | 0.91% | Mar 10, 2026 |
| Scott James Garber | General Counsel and Secretary | 22,108 | 0.10% | Mar 10, 2026 |
| Robert Karnig Vahradian | Director | 26,287 | 0.11% | Mar 10, 2026 |
| Shailee Parikh | Director | 8,783 | 0.04% | Dec 17, 2025 |
| Steven Randal Smith | Director | 25,261 | 0.11% | Dec 17, 2025 |
| Bryan Christopher Sansbury | Director | 115,984 | 0.50% | Dec 17, 2025 |
| Ryan Edone | Director | 43,156 | 0.19% | Dec 17, 2025 |
| Maria Renna Sharpe | Director | 9,783 | 0.04% | Dec 17, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Charles Michael Merdian CFO and Treasurer | Mar 9, 2026 | Sale | −5,122 | $41.54 | $212.77K | 22,629 |
| Charles Michael Merdian CFO and Treasurer | Mar 9, 2026 | Sale | −369 | $42.55 | $15.70K | 22,260 |
| Charles Michael Merdian CFO and Treasurer | Mar 9, 2026 | Sale | −1,720 | $43.41 | $74.67K | 20,540 |
| Michael Larry Snider President and COO | Mar 9, 2026 | Sale | −1,881 | $43.41 | $81.65K | 30,517 |
| Michael Larry Snider President and COO | Mar 9, 2026 | Sale | −307 | $42.55 | $13.06K | 176,987 |
| Michael Larry Snider President and COO | Mar 9, 2026 | Sale | −4,262 | $41.54 | $177.04K | 177,294 |
| Michael Larry Snider President and COO | Mar 9, 2026 | Sale | −1,431 | $43.41 | $62.12K | 175,556 |
| Michael Larry Snider President and COO | Mar 9, 2026 | Sale | −404 | $42.55 | $17.19K | 32,398 |
| Michael Larry Snider President and COO | Mar 9, 2026 | Sale | −5,602 | $41.54 | $232.71K | 32,802 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 9, 2026 | Sale | −17,686 | $41.54 | $734.68K | 652,914 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 9, 2026 | Sale | −1,274 | $42.55 | $54.21K | 651,640 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 9, 2026 | Sale | −10,802 | $41.54 | $448.72K | 634,900 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 9, 2026 | Sale | −1,878 | $42.40 | $79.63K | 633,022 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 9, 2026 | Sale | −2,320 | $43.40 | $100.69K | 630,702 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 9, 2026 | Sale | −5,938 | $43.41 | $257.77K | 645,702 |
| Scott James Garber General Counsel and Secretary | Mar 9, 2026 | Sale | −961 | $41.54 | $39.92K | 22,108 |
| Scott James Garber General Counsel and Secretary | Mar 9, 2026 | Sale | −69 | $42.55 | $2.94K | 22,039 |
| Scott James Garber General Counsel and Secretary | Mar 9, 2026 | Sale | −323 | $43.41 | $14.02K | 21,716 |
| Charles Michael Merdian CFO and Treasurer | Mar 8, 2026 | Award | +11,218 | – | – | 27,751 |
| Michael Larry Snider President and COO | Mar 8, 2026 | Award | +12,128 | – | – | 38,404 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 8, 2026 | Award | +35,622 | – | – | 670,600 |
| Scott James Garber General Counsel and Secretary | Mar 8, 2026 | Award | +4,545 | – | – | 23,069 |
| Robert Karnig Vahradian Director | Mar 6, 2026 | Gift | −1,000 | – | – | 26,287 |
| Scott James Garber General Counsel and Secretary | Dec 31, 2025 | Award | +3 | $36.52 | $110 | 18,524 |
| Charles Michael Merdian CFO and Treasurer | Dec 31, 2025 | Award | +39 | $36.52 | $1.42K | 16,533 |
| Steven Randal Smith Director | Dec 15, 2025 | Award | +3,214 | – | – | 5,988 |
| Robert Karnig Vahradian Director | Dec 15, 2025 | Award | +3,214 | – | – | 27,287 |
| Ryan Edone Director | Dec 15, 2025 | Award | +3,214 | – | – | 34,256 |
| Shailee Parikh Director | Dec 15, 2025 | Award | +3,214 | – | – | 8,783 |
| Bryan Christopher Sansbury Director | Dec 15, 2025 | Award | +3,214 | – | – | 15,384 |
| Maria Renna Sharpe Director | Dec 15, 2025 | Award | +3,214 | – | – | 8,783 |
| Scott James Garber General Counsel and Secretary | Sep 30, 2025 | Award | +173 | $43.95 | $7.60K | 18,521 |
| Charles Michael Merdian CFO and Treasurer | Sep 30, 2025 | Award | +38 | $43.95 | $1.67K | 16,494 |
| Charles Michael Merdian CFO and Treasurer | Aug 27, 2025 | Gift | −469 | – | – | 0 |
| Charles Michael Merdian CFO and Treasurer | Aug 26, 2025 | Inheritance | +469 | – | – | 469 |
| Scott James Garber General Counsel and Secretary | Jun 30, 2025 | Award | +148 | $43.79 | $6.48K | 18,348 |
| Charles Michael Merdian CFO and Treasurer | Jun 30, 2025 | Award | +34 | $43.79 | $1.49K | 16,456 |
| Michael Larry Snider President and COO | Mar 31, 2025 | Award | +279 | $56.50 | $15.76K | 26,276 |
| Scott James Garber General Counsel and Secretary | Mar 31, 2025 | Award | +62 | $56.50 | $3.50K | 18,200 |
| Charles Michael Merdian CFO and Treasurer | Mar 31, 2025 | Award | +112 | $56.50 | $6.33K | 16,422 |
| Charles Michael Merdian CFO and Treasurer | Mar 13, 2025 | Other | −2,021 | – | – | 16,310 |
| Michael Larry Snider President and COO | Mar 13, 2025 | Other | −1,105 | – | – | 25,997 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 11, 2025 | Sale | −3,489 | $75.94 | $264.95K | 634,978 |
| Michael Larry Snider President and COO | Mar 10, 2025 | Sale | −1,105 | $75.94 | $83.91K | 27,102 |
| Michael Larry Snider President and COO | Mar 8, 2025 | Award | +3,996 | – | – | 28,207 |
| Scott James Garber General Counsel and Secretary | Mar 8, 2025 | Award | +1,599 | – | – | 18,138 |
| Eric Thomas Lipar CEO and Chairman of the Board, Director, 10% owner | Mar 8, 2025 | Award | +11,037 | – | – | 638,467 |
| Charles Michael Merdian CFO and Treasurer | Mar 8, 2025 | Award | +3,729 | – | – | 18,331 |
| Charles Michael Merdian CFO and Treasurer | Dec 31, 2024 | Award | +20 | $75.99 | $1.52K | 14,602 |
| Bryan Christopher Sansbury Director | Dec 15, 2024 | Award | +1,553 | – | – | 12,170 |
| Maria Renna Sharpe Director | Dec 15, 2024 | Award | +1,553 | – | – | 5,569 |
| Robert Karnig Vahradian Director | Dec 15, 2024 | Award | +1,553 | – | – | 24,073 |
| Steven Randal Smith Director | Dec 15, 2024 | Award | +1,553 | – | – | 2,774 |
| Charles Michael Merdian CFO and Treasurer | Dec 15, 2024 | Award | +5,008 | – | – | 14,466 |
| Ryan Edone Director | Dec 15, 2024 | Award | +1,553 | – | – | 31,042 |
| Shailee Parikh Director | Dec 15, 2024 | Award | +1,553 | – | – | 5,569 |
| Scott James Garber General Counsel and Secretary | Dec 15, 2024 | Award | +2,504 | – | – | 16,328 |
| Michael Larry Snider President and COO | Dec 15, 2024 | Award | +5,008 | – | – | 24,024 |
| Charles Michael Merdian CFO and Treasurer | Sep 30, 2024 | Award | +16 | $100.74 | $1.61K | 14,582 |
| Scott James Garber General Counsel and Secretary | Sep 30, 2024 | Award | +34 | $100.74 | $3.43K | 16,539 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Thomas Lipar Eric Director; Officer: CEO and Chairman of the Board | Mar 9, 2026 | 39,898 | $1.68M | Mar 9, 2026 | RSU & PSU Vesting Event |
| Michael Merdian Charles Officer: CFO and Treasurer | Mar 9, 2026 | 7,211 | $303.00K | Mar 9, 2026 | RSU & PSU Vesting Event |
| Larry Snider Michael Officer: President and COO | Mar 9, 2026 | 13,887 | $584.00K | Mar 9, 2026 | RSU & PSU Vesting Event |
| James Garber Scott Officer: General Counsel and Secretary | Mar 9, 2026 | 1,353 | $57.00K | Mar 9, 2026 | RSU & PSU Vesting Event |
| Michael Larry Snider Officer | Mar 10, 2025 | 1,105 | $84.00K | Mar 10, 2025 | RSU Vesting Event |
| Eric Thomas Lipar Officer, Director | Mar 10, 2025 | 3,489 | $264.00K | Mar 10, 2025 | RSU Vesting Event |
| Charles Michael Merdian Officer | Mar 11, 2024 | 6,361 | $711.49K | Mar 11, 2024 | RSU/PSU Vesting Event |
| Scott James Garber Officer | Mar 11, 2024 | 1,212 | $135.56K | Mar 11, 2024 | RSU/PSU Vesting Event |
| Michael Larry Snider Officer | Mar 11, 2024 | 7,993 | $894.03K | Mar 11, 2024 | RSU/PSU Vesting Event |
| Eric Thomas Lipar Officer, Director | Mar 11, 2024 | 10,869 | $1.22M | Mar 11, 2024 | RSU/PSU Vesting Event |
| Steven Randal Smith Director | Dec 29, 2023 | 1,490 | $196.73K | Dec 21, 2023 | Equity Incentive Compensation Plan |
| Michael Larry Snider Officer | Nov 20, 2023 | 12,445 | $1.51M | Nov 20, 2023 | RSU/PSU Vesting Event |