Kenneth E.  Shipley net worth and biography

Kenneth Shipley Biography and Net Worth

Kenneth E. Shipley serves as President, Chief Executive Officer, Director of the Company. Kenneth E. Shipley co-founded our company in 2005 with Curtis D. Hodgson. Mr. Shipley was our Co-Chief Executive Officer from January 2018 and, since February 2019, has served as our President and sole Chief Executive Officer. He has been a member of our board of directors since January 2018, when our company converted to a corporation and prior to that, Mr. Shipley, together with Mr. Hodgson, served as partners of the company's predecessor, Legacy Housing, Ltd. Mr. Shipley has more than 30 years of experience in the manufactured home industry. Since 1981, he has also owned and operated Bell Mobile Homes in Lubbock, Texas, a manufactured home retailer. Mr. Shipley is the co-founder, President, Chief Executive Officer and one of our largest stockholders, and he was selected to serve on our board of directors due to his decades of experience and knowledge of our industry and substantial sales and distribution experience with dealers and customers in the industry. His service as a director and the President and Chief Executive Officer creates a critical link between management and the board.

What is Kenneth E. Shipley's net worth?

The estimated net worth of Kenneth E. Shipley is at least $58.08 million as of February 16th, 2024. Mr. Shipley owns 2,892,610 shares of Legacy Housing stock worth more than $58,083,609 as of April 26th. This net worth evaluation does not reflect any other assets that Mr. Shipley may own. Additionally, Mr. Shipley receives a salary of $50,000.00 as CEO at Legacy Housing. Learn More about Kenneth E. Shipley's net worth.

How old is Kenneth E. Shipley?

Mr. Shipley is currently 65 years old. There are 5 older executives and no younger executives at Legacy Housing. The oldest executive at Legacy Housing is Mr. Curtis Drew Hodgson, Co-Founder & Executive Chairman of the Board, who is 69 years old. Learn More on Kenneth E. Shipley's age.

What is Kenneth E. Shipley's salary?

As the CEO of Legacy Housing Co., Mr. Shipley earns $50,000.00 per year. There are 4 executives that earn more than Mr. Shipley. The highest earning executive at Legacy Housing is Mr. Robert Duncan Bates, President & CEO, who commands a salary of $400,000.00 per year. Learn More on Kenneth E. Shipley's salary.

How do I contact Kenneth E. Shipley?

The corporate mailing address for Mr. Shipley and other Legacy Housing executives is 1600 AIRPORT FREEWAY #100, BEDFORD TX, 76022. Legacy Housing can also be reached via phone at (117) 799-4900 and via email at [email protected]. Learn More on Kenneth E. Shipley's contact information.

Has Kenneth E. Shipley been buying or selling shares of Legacy Housing?

Kenneth E. Shipley has not been actively trading shares of Legacy Housing during the past quarter. Most recently, Kenneth E. Shipley sold 34,000 shares of the business's stock in a transaction on Friday, February 16th. The shares were sold at an average price of $24.40, for a transaction totalling $829,600.00. Following the completion of the sale, the executive vice president now directly owns 2,892,610 shares of the company's stock, valued at $70,579,684. Learn More on Kenneth E. Shipley's trading history.

Who are Legacy Housing's active insiders?

Legacy Housing's insider roster includes Curtis Hodgson (Chairman), Kenneth Shipley (CEO), and William Shipley (Major Shareholder). Learn More on Legacy Housing's active insiders.

Are insiders buying or selling shares of Legacy Housing?

In the last twelve months, Legacy Housing insiders bought shares 3 times. They purchased a total of 12,950 shares worth more than $259,914.00. In the last twelve months, insiders at the sold shares 81 times. They sold a total of 852,070 shares worth more than $19,044,426.68. The most recent insider tranaction occured on March, 26th when Director Jeffrey Kyle Stouder bought 5,050 shares worth more than $100,495.00. Insiders at Legacy Housing own 32.2% of the company. Learn More about insider trades at Legacy Housing.

Information on this page was last updated on 3/26/2024.

Kenneth E. Shipley Insider Trading History at Legacy Housing

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/16/2024Sell34,000$24.40$829,600.002,892,610View SEC Filing Icon  
9/29/2023Sell38$19.90$756.202,944,010View SEC Filing Icon  
9/27/2023Sell870$20.09$17,478.302,947,258View SEC Filing Icon  
9/25/2023Sell3,030$20.06$60,781.802,948,575View SEC Filing Icon  
8/16/2023Sell8,356$21.53$179,904.682,951,605View SEC Filing Icon  
8/14/2023Sell5,689$21.62$122,996.182,960,539View SEC Filing Icon  
7/24/2023Sell9,519$23.50$223,696.502,974,109View SEC Filing Icon  
7/13/2023Sell10,000$22.83$228,300.002,983,628View SEC Filing Icon  
6/26/2023Sell10,000$22.22$222,200.003,003,628View SEC Filing Icon  
5/25/2023Sell11,000$20.10$221,100.003,013,628View SEC Filing Icon  
4/18/2023Sell7,000$21.42$149,940.003,034,628View SEC Filing Icon  
4/13/2023Sell7,000$21.59$151,130.003,041,628View SEC Filing Icon  
4/5/2023Sell4,205$22.21$93,393.053,050,462View SEC Filing Icon  
3/29/2023Sell7,000$21.75$152,250.003,054,667View SEC Filing Icon  
2/7/2023Sell20,000$21.27$425,400.003,061,667View SEC Filing Icon  
10/7/2021Sell3,418$17.55$59,985.90View SEC Filing Icon  
10/4/2021Sell14,528$17.69$257,000.32View SEC Filing Icon  
1/21/2021Sell11,182$15.45$172,761.903,110,083View SEC Filing Icon  
10/14/2020Sell6,020$15.92$95,838.403,145,181View SEC Filing Icon  
10/9/2020Sell100$15.40$1,540.003,145,181View SEC Filing Icon  
9/10/2020Sell1,126$15.45$17,396.703,181,956View SEC Filing Icon  
9/8/2020Sell270$15.11$4,079.703,181,956View SEC Filing Icon  
8/31/2020Sell2,689$15.16$40,765.243,181,956View SEC Filing Icon  
8/28/2020Sell601$15.10$9,075.103,181,956View SEC Filing Icon  
8/19/2020Sell5,348$15.79$84,444.923,214,762View SEC Filing Icon  
8/17/2020Sell6,350$15.21$96,583.503,214,762View SEC Filing Icon  
8/14/2020Sell10,000$15.17$151,700.003,214,762View SEC Filing Icon  
3/4/2020Sell209$14.80$3,093.203,214,958View SEC Filing Icon  
2/10/2020Sell109$14.80$1,613.203,220,129View SEC Filing Icon  
2/6/2020Sell862$14.80$12,757.603,225,805View SEC Filing Icon  
12/2/2019Sell10,000$15.71$157,100.003,236,667View SEC Filing Icon  
10/11/2019Sell1,918$15.75$30,208.50
10/9/2019Sell3,350$16.13$54,035.50
10/4/2019Sell6,650$15.97$106,200.50
8/14/2019Sell18,590$13.03$242,227.70View SEC Filing Icon  
7/15/2019Sell5,076$12.87$65,328.12View SEC Filing Icon  
7/10/2019Sell879$12.85$11,295.15View SEC Filing Icon  
6/24/2019Sell4,286$12.93$55,417.98View SEC Filing Icon  
6/21/2019Sell4,001$12.86$51,452.86View SEC Filing Icon  
See Full Table

Kenneth E. Shipley Buying and Selling Activity at Legacy Housing

This chart shows Kenneth E Shipley's buying and selling at Legacy Housing by year and by quarter.

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Legacy Housing Company Overview

Legacy Housing logo
Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers. The company also offers inventory financing for its independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy or lease its products for use in their rental housing communities. In addition, it involved in financing and developing new manufactured home communities. The company markets its homes under the Legacy brand through a network of independent retailers and company-owned stores; and directly to manufactured home communities. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.
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Today's Range

Now: $20.08
Low: $19.70
High: $20.20

50 Day Range

MA: $22.51
Low: $19.59
High: $25.72

2 Week Range

Now: $20.08
Low: $17.67
High: $26.50

Volume

59,537 shs

Average Volume

79,169 shs

Market Capitalization

$489.95 million

P/E Ratio

9.25

Dividend Yield

N/A

Beta

0.94