KB Home (NYSE: KBH) reported third-quarter 2026 revenue of $1.30 billion, down 20% from the prior-year period. Net income was $65.3 million, compared with $109.8 million, while diluted earnings per share were $1.05, down from $1.61.
The homebuilder delivered 2,732 homes, down 19%, and reported net orders of 2,604, down 12%. Ending backlog rose 3% in value to $2.05 billion.
- Total revenue was $1.297 billion; homebuilding revenue was $1.292 billion.
- Homebuilding operating income was $67.1 million, compared with $131.2 million.
- Housing gross profit margin was 16.5%, compared with 18.2%.
- KB Home repurchased 0.9 million shares for $50.0 million during the quarter.
- Fourth-quarter housing revenue guidance is $1.45 billion to $1.65 billion.
$KBH Insider Trading Activity
$KBH insiders have traded $KBH stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $KBH stock by insiders over the last 6 months:
- JEFFREY T MEZGER (Executive Chairman) has made 0 purchases and 6 sales selling 274,952 shares for an estimated $15,211,672.
- ALBERT Z PRAW (EVP, Real Estate & Bus. Dev.) sold 22,015 shares for an estimated $1,292,280
- ROBERT V. MCGIBNEY (President and CEO) sold 20,621 shares for an estimated $1,140,547
- ARTHUR REGINALD COLLINS sold 4,000 shares for an estimated $227,840
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$KBH Hedge Fund Activity
We have seen 183 institutional investors add shares of $KBH stock to their portfolio, and 255 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 872,151 shares (+inf%) to their portfolio in Q2 2026, for an estimated $54,587,931
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 819,488 shares (+inf%) to their portfolio in Q2 2026, for an estimated $51,291,753
- FREESTONE GROVE PARTNERS LP removed 624,127 shares (-83.0%) from their portfolio in Q2 2026, for an estimated $39,064,108
- BALYASNY ASSET MANAGEMENT L.P. added 608,767 shares (+inf%) to their portfolio in Q2 2026, for an estimated $38,102,726
- BAMCO INC /NY/ added 599,141 shares (+inf%) to their portfolio in Q2 2026, for an estimated $37,500,235
- DONALD SMITH & CO., INC. added 544,513 shares (+45.7%) to their portfolio in Q2 2026, for an estimated $34,081,068
- BLACKROCK, INC. added 499,477 shares (+5.3%) to their portfolio in Q2 2026, for an estimated $31,262,265
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.