{
  "id": 18437221,
  "title": "Cavco Industries EVP sells $371,270 in shares",
  "url": "https://urgent.news/2026/11/06/cavco-industries-evp-sells-371-270-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T03:45:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/cavco-industries-evp-sells-371270-in-shares-93CH-5006396"
  },
  "original_language": "en",
  "account": "CAVCO Industries' Executive Vice President and General Counsel, Seth G. Schuknecht, recently sold 542 shares of the company's common stock on November 4, 2026. The sale, executed at a price of $685.00 per share, amounted to $371,270. This represents the completion of a pre-arranged Rule 10b5-1 trading plan that Schuknecht had in place since February 25, 2026. Following the sale, Schuknecht now holds 1,323 shares of Cavco Industries common stock, including some shares tied to Restricted Stock Units that are yet to be vested or delivered. Despite a 28.77% surge in Cavco's stock price over the past six months, trading near its 52-week high of $713, the company's market capitalization stands at $4.91 billion with a P/E ratio of 27.37. A recent analysis suggests the stock is currently overvalued relative to its Fair Value. Cavco Industries recently reported impressive fiscal second-quarter results, exceeding Wall Street's expectations with diluted earnings of $7.17 per share, significantly surpassing the projected $5.52 per share. The company's revenue for the quarter reached $656.4 million, marking an 18% increase from the previous year and setting a new quarterly record for the second consecutive time. These strong results were driven by record shipments and stronger pricing strategies, reflecting Cavco's robust operational execution and market positioning.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}