Cavco Industries director Richard Kerley sells $310,683 in stock.
On November 4, 2026, Richard A. Kerley, a director at Cavco Industries (CVCO), sold 459 shares of the company's common stock, receiving a total of $310,683. This sale came after a robust six-month period where the stock price increased by nearly 29%, but it has since retreated to $643.97. According to InvestingPro analysis, CVCO is currently trading above its Fair Value, positioning it among overvalued stocks in the market.
Kerley still directly owns 225 shares, including 225 shares associated with Restricted Stock Units that are allocated but not yet vested. Indirectly, he holds 6,000 shares through the Kerley Family Trust. For a comprehensive understanding of CVCO’s valuation and 13+ additional InvestingPro Tips, investors can refer to the Pro Research Report, available for this $4.91 billion manufacturer.
Cavco Industries recently reported impressive fiscal second-quarter results, surpassing Wall Street expectations with diluted earnings of $7.17 per share and revenue of $656.4 million. These financial achievements were driven by record shipments and stronger pricing.
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