Insider Trading February 7, 2026

PulteGroup Director Sells $4.9 Million in Stock; Company Updates Dividend and Receives New Coverage

Director transaction coincides with dividend declaration, analyst initiations and federal housing discussions

By Caleb Monroe PHM
PulteGroup Director Sells $4.9 Million in Stock; Company Updates Dividend and Receives New Coverage
PHM

PulteGroup director Thomas J. Folliard disposed of 37,000 shares on February 5, 2026, generating roughly $4.9 million in proceeds. The company also announced a quarterly cash dividend and attracted new analyst coverage as federal officials and industry leaders discussed incentives aimed at boosting housing affordability.

Key Points

  • PulteGroup director Thomas J. Folliard sold 37,000 shares on February 5, 2026, for approximately $4.9 million at prices between $132.81 and $135.54.
  • The company declared a quarterly cash dividend of $0.26 per share, payable April 2, 2026, to shareholders of record as of March 17, 2026.
  • Citizens initiated coverage with a Market Outperform rating and $145.00 price target; BTIG initiated coverage with a Neutral rating. Federal discussions on housing incentives involving Commerce Secretary Howard Lutnick and homebuilders, including PulteGroup, were also reported.

Summary

Thomas J. Folliard, a director at PulteGroup Inc (NYSE:PHM), sold 37,000 shares of the company’s common stock on February 5, 2026, for aggregate proceeds of about $4.9 million. The sale prices ranged from $132.81 to $135.54 per share. After completing the transaction, Folliard directly holds 8,230 shares of PulteGroup.


Details of the insider transaction

On February 5, 2026, Folliard executed the disposition of 37,000 PulteGroup shares at prices between $132.81 and $135.54, resulting in total consideration of approximately $4.9 million. The filing indicates that, following the sale, his direct ownership stands at 8,230 shares.


Corporate actions and market context

PulteGroup also announced a quarterly cash dividend of $0.26 per share, payable on April 2, 2026, to shareholders of record as of March 17, 2026. The dividend declaration was framed as a continuation of the company’s practice of returning value to shareholders.

In parallel with these corporate developments, the homebuilding sector has been part of broader policy conversations. Commerce Secretary Howard Lutnick held meetings with executives from major homebuilders, including representatives from PulteGroup, to talk about potential incentives targeting housing affordability. Those discussions are described as elements of an administration-wide effort aimed at encouraging increased home construction.


Analyst coverage initiated

Two firms initiated coverage on PulteGroup in recent reports. Citizens began coverage with a Market Outperform rating and set a price target of $145.00, citing PulteGroup’s emphasis on move-up and active adult buyers as a positive positioning for weathering potential mortgage market challenges. Separately, BTIG initiated coverage with a Neutral rating, noting the company’s effective execution of its operating and capital strategy in a difficult market environment.


Policy backdrop

These analyst actions and corporate announcements are reported alongside notable policy proposals, including a publicized plan by President-elect Donald Trump to purchase $200 billion in mortgage bonds with the objective of lowering mortgage rates and housing costs. The articles and filings present these items as concurrent developments rather than implying direct causation between any single event and market moves.


Concluding note

The filings and announcements collectively offer a snapshot of insider activity, shareholder returns, analyst sentiment and policy discussion affecting PulteGroup in early 2026. The reported facts are limited to the transaction details, dividend schedule, the content of analyst initiations and summary descriptions of meetings regarding housing incentives.

Risks

  • Insider selling may be perceived by some market participants as a negative signal for investor sentiment in the homebuilding sector - impacts equities in homebuilding and related mortgage markets.
  • Policy proposals and meetings on housing incentives are ongoing and uncertain in scope and outcome, creating potential volatility for homebuilder stocks and mortgage-related markets.
  • Analyst coverage is mixed, with one firm assigning a Neutral rating and another a Market Outperform rating, indicating divergent views that could influence investor expectations for PulteGroup shares.

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