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CEO Phillippe Lord Makes a Major Move with Meritage Stock Sale!

CEO Phillippe Lord Makes a Major Move with Meritage Stock Sale!

New insider activity at Meritage ( (MTH) ) has taken place on August 22, 2025.

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CEO Phillippe Lord has recently executed a significant transaction involving Meritage stock. He sold 6,950 shares, resulting in a total sale value of $556,069.

Recent Updates on MTH stock

In the last 24 hours, Meritage Homes Corp (MTH) has seen a reduction in its price target by Keefe Bruyette from $77 to $75, maintaining a Market Perform rating. This adjustment follows the company’s Q2 2025 earnings report, which revealed mixed results. While Meritage achieved a record community count and improved cycle times, it faced a 5% decline in home closing revenue due to increased financing incentives and a lower average selling price. Additionally, the company experienced gross margin pressure from higher land costs and increased SG&A expenses. Despite these challenges, Meritage demonstrated strong operational efficiency with a robust absorption rate and backlog conversion, and it remains focused on strategic growth and shareholder returns.

Spark’s Take on MTH Stock

According to Spark, TipRanks’ AI Analyst, MTH is a Outperform.

Meritage Homes is supported by strong valuation metrics and a healthy balance sheet. However, financial performance is hindered by cash flow challenges and revenue decline. The stock’s technical indicators show stability, while recent corporate events present mixed implications for future performance.

To see Spark’s full report on MTH stock, click here.

More about Meritage

YTD Price Performance: -1.24%

Average Trading Volume: 1,053,139

Technical Sentiment Signal: Buy

Current Market Cap: $5.5B

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