Cavco Industries president Cira sells $1.59 million in stock

Brian R. Cira, President of Manufactured Housing at Cavco Industries Inc. (CVCO), sold 2,382 shares of the company's common stock on November 10, 2026. The transaction was valued at around $1.59 million, executed at a price of $666.91 per share, significantly higher than the current trading price of $644.27. Post the sale, Mr. Cira holds 1,908 shares of Cavco Industries common stock, including 625 shares from Restricted Stock Units, which are allotted but not yet vested or delivered.

This insider sale coincides with the stock's impressive 35% return over the past six months. Notably, CVCO is currently trading above its fair value, positioning it among overvalued stocks. The company boasts a market capitalization of $4.9 billion and trades at a P/E ratio of 27.39. Detailed insights can be found in CVCO's Pro Research Report, available for this and over 1,400 other US equities.

The transaction was officially reported in a Form 4 filing with the Securities and Exchange Commission on November 13, 2026. Recently, Cavco Industries reported fiscal second-quarter results that surpassed expectations, with earnings per share of $7.17 on revenue of $656.4 million. This surpassed Wall Street estimates, driven by record shipments and stronger pricing, marking the second consecutive quarterly record.

The market responded positively to these results, which exceeded forecasts by 29.9%. These robust financial achievements underscore Cavco's ability to leverage favorable market conditions. Investors and analysts will likely maintain close monitoring of the company's future developments. This report was AI-generated and reviewed by an editor.