Insider Buying: Lennar (NYSE:LEN) Major Shareholder Purchases $39,921,098.88 in Stock

25 Sep 2026, 21:08 by Teresa Graham · The Cerbat Gem

Lennar Corporation (NYSE:LEN – Get Free Report) major shareholder Berkshire Hathaway Inc purchased 492,124 shares of Lennar stock in a transaction dated Friday, September 25th. The stock was bought at an average price of $81.12 per share, with a total value of $39,921,098.88. Following the completion of the transaction, the insider owned 25,378,134 shares of the company’s stock, valued at $2,058,674,230.08. This represents a 1.98% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

On Thursday, September 24th, Berkshire Hathaway Inc purchased 653,320 shares of Lennar stock. The stock was purchased at an average cost of $80.88 per share, with a total value of $52,840,521.60.
On Wednesday, September 23rd, Berkshire Hathaway Inc bought 534,256 shares of Lennar stock. The shares were acquired at an average price of $81.65 per share, with a total value of $43,622,002.40.
On Monday, September 21st, Berkshire Hathaway Inc bought 667,118 shares of Lennar stock. The stock was acquired at an average price of $77.74 per share, for a total transaction of $51,861,753.32.
On Friday, September 18th, Berkshire Hathaway Inc acquired 1,381,397 shares of Lennar stock. The shares were acquired at an average cost of $76.48 per share, with a total value of $105,649,242.56.
On Thursday, September 17th, Berkshire Hathaway Inc acquired 695,014 shares of Lennar stock. The stock was bought at an average price of $78.98 per share, for a total transaction of $54,892,205.72.

Lennar Price Performance

LEN traded up $0.65 on Friday, reaching $82.12. The company had a trading volume of 3,890,709 shares, compared to its average volume of 4,436,968. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.69 and a current ratio of 4.94. Lennar Corporation has a 52-week low of $75.70 and a 52-week high of $133.76. The company has a market cap of $19.78 billion, a price-to-earnings ratio of 15.52, a P/E/G ratio of 3.08 and a beta of 1.39. The business has a 50 day simple moving average of $83.83 and a 200 day simple moving average of $87.58.

Lennar (NYSE:LEN – Get Free Report) last issued its quarterly earnings results on Wednesday, September 16th. The construction company reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). Lennar had a return on equity of 6.15% and a net margin of 4.09%.The company had revenue of $8.05 billion during the quarter, compared to the consensus estimate of $8.32 billion. During the same period in the previous year, the company earned $2.29 EPS. Lennar’s quarterly revenue was down 8.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Lennar Corporation will post 4.85 EPS for the current year.

Lennar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Wednesday, October 7th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. Lennar’s dividend payout ratio (DPR) is 37.81%.

More Lennar News

Here are the key news stories impacting Lennar this week:

Positive Sentiment: Berkshire Hathaway disclosed a purchase worth approximately $212.38 million, increasing its Lennar ownership above 10%. The investment by Warren Buffett’s company is a strong institutional vote of confidence and suggests Berkshire views Lennar’s depressed valuation and housing supply position as attractive. Lennar Shares Jumped After Berkshire Hathaway Increased Its Position
Positive Sentiment: The company declared a quarterly dividend of $0.50 per share, or $2.00 annualized, representing an approximately 2.5% yield. The payout reinforces Lennar’s shareholder-return profile, although the ex-dividend date is October 7.
Positive Sentiment: Lennar is expanding its geographic footprint by opening an Iowa division with five communities in the Des Moines area. New communities could support longer-term revenue and order growth if local demand remains healthy. Lennar’s New Iowa Division Opens Five Des Moines-Area Communities
Neutral Sentiment: Lennar announced Venue at Leaf Creek, a 55-and-over community in Douglassville, Pennsylvania, highlighting continued development activity and product expansion. The announcement is strategically supportive but does not provide material financial guidance. Lennar’s Venue at Leaf Creek Announcement
Negative Sentiment: Recent earnings missed expectations, revenue declined year over year, and Lennar cut its outlook. The weaker operating backdrop reflects pressure from mortgage rates, affordability challenges and softer housing demand.
Negative Sentiment: Jim Cramer remained cautious on Lennar and the broader homebuilding sector, emphasizing the adverse impact of interest-rate uncertainty on housing activity. Keefe, Bruyette & Woods also issued a pessimistic forecast for the stock. Jim Cramer’s Lennar Commentary
Negative Sentiment: Lennar’s lawsuit involving a rejected 265-unit condominium project in Geneva is moving forward, creating legal uncertainty and potentially delaying development plans.

Institutional Investors Weigh In On Lennar

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LEN. Anchor Investment Management LLC lifted its position in Lennar by 1,276.4% during the second quarter. Anchor Investment Management LLC now owns 757 shares of the construction company’s stock valued at $69,000 after buying an additional 702 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Lennar by 5.3% during the second quarter. Sequoia Financial Advisors LLC now owns 14,609 shares of the construction company’s stock valued at $1,322,000 after purchasing an additional 735 shares during the last quarter. Van Hulzen Asset Management LLC bought a new stake in shares of Lennar in the 2nd quarter worth approximately $317,000. Cidel Asset Management Inc. grew its stake in shares of Lennar by 15.6% in the 2nd quarter. Cidel Asset Management Inc. now owns 4,873 shares of the construction company’s stock worth $441,000 after buying an additional 657 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC bought a new position in Lennar during the 2nd quarter valued at approximately $232,000. 81.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on LEN. The Goldman Sachs Group reiterated a “neutral” rating on shares of Lennar in a report on Friday, June 5th. Seaport Research Partners decreased their target price on shares of Lennar from $74.00 to $70.00 and set a “sell” rating on the stock in a research note on Monday. Keefe, Bruyette & Woods dropped their price target on shares of Lennar from $85.00 to $75.00 and set an “underperform” rating for the company in a research report on Tuesday. Wells Fargo & Company cut their target price on Lennar from $85.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Friday, September 11th. Finally, Bank of America lowered their price target on Lennar from $77.00 to $70.00 and set an “underperform” rating for the company in a research report on Monday, September 14th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and nine have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $81.00.

Get Our Latest Stock Report on LEN

Lennar Company Profile

(Get Free Report)

Lennar Corporation is one of the largest homebuilders in the United States. Founded in 1954 and headquartered in Miami, Florida, the company designs, constructs, and sells single-family homes and communities for a range of buyers, including first-time, move-up, and active-adult purchasers.

Lennar operates across many of the country’s major housing markets, including communities in the West, Southwest, Southeast, Mid-Atlantic, and other metropolitan areas. Its homebuilding operations offer a variety of floor plans and home designs, while the company also develops residential communities and provides related services such as mortgage financing, title, and closing services through its financial-services businesses.

In addition to traditional homebuilding, Lennar has expanded into multifamily development and other residential real-estate activities.