The sale was executed through multiple transactions with prices ranging from $38.99 to $39.50 per share. The filing emphasizes that Thomas is prepared to provide detailed information regarding the number of shares sold at each price within this range upon request. The company has demonstrated solid performance with a 13% revenue growth in the last twelve months, while maintaining a healthy gross profit margin of 23.35%. The company has demonstrated solid performance with a 13% revenue growth in the last twelve months, while maintaining a healthy gross profit margin of 23.35%.
The sale was executed through multiple transactions with prices ranging from $38.99 to $39.50 per share. The filing emphasizes that Thomas is prepared to provide detailed information regarding the number of shares sold at each price within this range upon request. The company has demonstrated solid performance with a 13% revenue growth in the last twelve months, while maintaining a healthy gross profit margin of 23.35%.
The sale was executed through multiple transactions with prices ranging from $38.99 to $39.50 per share. The filing emphasizes that Thomas is prepared to provide detailed information regarding the number of shares sold at each price within this range upon request.
In other recent news, Tri Pointe Homes (NYSE:TPH) reported robust financial results for the third quarter of 2024. The company saw a significant increase in home deliveries and sales revenue, with home deliveries rising by 32% to 1,619 homes and sales revenue growing by 35% to $1.1 billion. The average sales price of homes also increased to $688,000, and gross margins improved to 23.3%. Tri Pointe generated $168 million in operating cash flow and reported a backlog of approximately 2,300 homes valued at $1.7 billion.
Looking ahead, Tri Pointe Homes forecasts a delivery of 1,600-1,800 homes at an average sales price of $700,000-$710,000 for Q4 2024. The company also plans expansions in Utah, Orlando, and Coastal Carolinas and targets a $50 million stock repurchase for Q4. Despite challenges in the Colorado market and expected decreases in backlog, Tri Pointe Homes remains confident due to strong demand in markets like Orange County and Houston. The company's strategic positioning for growth and solid financial performance signal recent developments in its operations.
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