KB Home ($KBH) is set to release its quarterly earnings data on June 23rd after market close. Analysts project revenue of approximately $1.52 billion and earnings of $1.48 per share. Insiders have executed three trades in the past six months—zero of which were purchases, and three were sales, totaling approximately $2.16 million.
In recent hedge fund activities, 195 institutional investors increased their positions in KB Home, while 286 reduced theirs. Notably, FMR LLC added 1.38 million shares, a 29% increase, while Holocene Advisors, LP and Arrowstreet Capital both eliminated their entire stakes, removing 1.05 million and 910,033 shares respectively.
Regarding analyst ratings, two firms issued buy ratings, and one firm issued a sell rating. Analysts have set a median price target of $67.0 for KB Home, with individual targets ranging from $56.0 to $79.0, indicated by the latest assessments from various firms.
