Substantial insider selling of PulteGroup shares suggests insiders believe the shares are not cheap. Lack of insider purchases and history of sales raise concerns despite company's profitability.

The share price has approximately tracked EPS growth, indicating that market sentiment towards the shares hasn't changed significantly. The company's recent performance, with strong share price momentum, suggests it might be worth taking a closer look at the stock.

Analysts show increased optimism for PulteGroup's revenues and earnings after recent results. Despite expected slower revenue growth, it aligns with industry trends. The consensus earnings per share upgrade indicates improved sentiment for PulteGroup's earnings potential next year.

PulteGroup's CEO Ryan Marshall remains optimistic for 2024, citing a surge in home buying activity, a strong job market, lower interest rates, and a limited inventory of existing homes. The company's increased stock repurchase program reflects its expectation for continued strong cash flow.

PulteGroup's CEO, Ryan Marshall, expressed optimism for 2024 due to expectations of lower interest rates, which he believes will improve affordability dynamics and attract more buyers into the market.