MHProNews has learned from insidertradingreport that the president of Fleetwood Homes division of Cavco Industries, Inc. (CVCO), Charles E. Lott, sold 1,516 shares of Cavco stock on Nov 6, 2015, as reported to the Securities and Exchange Commission. The shares were sold at $95.25 for a total value of $144,399.00.

As MHProNews reported Oct. 30, 2015, Cavco’s net revenue for the second quarter 2016, ending Sept. 26, 2015, reached $192 million, an increase of 37.8 percent over the same quarter the previous year. MHProNews‘ daily stock tally Oct. 30 reported Cavco’s stock spiked 19.15 percent, adding 15.85 points to close at $98.60.

Cavco, headquartered in Phoenix, AZ is one of the largest producers of manufactured homes in North America. The company also makes modular homes, cabins and park models. ##

(Photo credit: rvreport/Cavco Industries, Inc.–Wedge Cabin)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.