Meritage Homes Director ARRIOLA DENNIS V Buys 2272 Shares for $77.21 to $70.

Meritage Homes Corporation (MTH) recently disclosed that Director Dennis V. Arriola has made a series of purchases of the company's shares. Specifically, Arriola acquired 20 shares at a price of $77.21 per share on December 31, 2024, and subsequently purchased 45 shares at $69.62 per share on March 31, 2025. Furthermore, Arriola acquired an additional 47 shares at $66.62 per share on June 30, 2025, and most recently, he purchased 2,200 shares at $70 per share on July 25, 2025.

Title: Meritage Homes Corporation (MTH) Director's Recent Share Purchases

Meritage Homes Corporation (MTH) has recently experienced a significant shift in its shareholder base, as Director Dennis V. Arriola has made substantial purchases of the company's shares. Over the past several months, Arriola has acquired a total of 2,317 shares of MTH stock.

On December 31, 2024, Arriola bought 20 shares at $77.21 per share. On March 31, 2025, he purchased an additional 45 shares at $69.62 per share. On June 30, 2025, Arriola acquired another 47 shares at $66.62 per share. Most recently, on July 25, 2025, he purchased 2,200 shares at $70 per share.

These transactions suggest a significant level of confidence in the company's future prospects, as Arriola has been accumulating shares at varying prices, indicating his belief in the long-term value of MTH. However, it is essential to consider the broader context of MTH's financial performance and market conditions to fully understand the implications of these purchases.

According to recent earnings reports, MTH faced challenging market conditions, including increased mortgage rates and affordability barriers, which impacted sales and gross margin. The company's adjusted home closing gross margin decreased by 480 basis points year over year, reflecting increased use of financing incentives and higher lot costs [1]. Despite these challenges, MTH maintained a strong average absorption pace of 4.3 net sales per month and achieved a record-high community count of 312 active stores [2].

The company's CFO, Hilla Sferruzza, stated that the company is rebalancing its capital allocation, pulling back on land spend by $500 million, and will press on stock repurchases, recognizing the current undervaluation of the stock [1]. This strategic shift may indicate a cautious approach to growth, which aligns with the recent reduction in land spend and the company's focus on operational efficiency.

In conclusion, Director Dennis V. Arriola's recent share purchases of Meritage Homes Corporation (MTH) stock suggest a level of confidence in the company's future prospects. However, it is crucial to consider the broader context of MTH's financial performance and market conditions to fully understand the implications of these purchases. Investors should continue to monitor the company's earnings reports and strategic decisions to assess the long-term value of MTH.

References:
[1] https://finance.yahoo.com/news/meritage-homes-corp-mth-q2-071723365.html
[2] https://www.ainvest.com/news/meritage-homes-q2-2025-earnings-call-highlights-record-community-count-challenging-market-conditions-2507/