M/I Homes Director Robert Schottenstein Has Sold $99 Million in MHO Stock Across 2,493 Transactions

Alex Rivera

Robert H. Schottenstein, longtime director at M/I Homes, has filed 2,493 insider transactions totaling $99 million in sales at the homebuilder he helped grow from a regional player to a national builder.

Robert H. Schottenstein, longtime director at M/I Homes (MHO), has filed 2,493 insider transactions totaling $99 million in career sales. A member of the prominent Schottenstein family of Columbus, Ohio, Robert has been involved with M/I Homes for decades as the company grew from a regional Midwest homebuilder into a national operator delivering over 9,000 homes per year.

The Numbers

Metric Value
Career Sell Value $99 million
Career Buy Value $1.5 million
Total Transactions 2,493
Last Sale Aug 21, 2025
Shares Remaining 350,374

Recent Activity

Date Type Shares Price Est. Value
Aug 21, 2025 Sell 21,522 $137.25 $2.95M
Aug 20, 2025 Sell 4,734 $142.43 $674K
Aug 20, 2025 Sell 4,351 $141.64 $616K
Aug 20, 2025 Sell 12,610 $140.28 $1.77M
Feb 19, 2025 Sell 3,716 $114.81 $427K

Schottenstein's August 2025 cluster totaled $6 million across four transactions at prices between $137 and $143 — near MHO's all-time highs.

What It Means

M/I Homes has been one of the best-performing homebuilder stocks over the past five years, rising from around $25 in 2020 to over $140 by mid-2025. Schottenstein's selling has tracked this appreciation — he sold at $115 in February and then accelerated with $6 million in sales near all-time highs in August. His $1.5 million in career purchases adds credibility to his conviction in the company during earlier years.

With 350,000 shares remaining (worth ~$48 million at current levels), Schottenstein maintains a substantial position. His selling pattern — larger blocks near peaks, smaller sales during pullbacks — suggests a managed diversification plan rather than a dash for the exit.

What to Watch

  • Whether Schottenstein continues selling if MHO pushes past $150, as his August selling cluster near all-time highs suggests price sensitivity
  • M/I Homes' exposure to mortgage rate movements and housing affordability, which drive homebuilder valuations
  • The broader Schottenstein family's combined stake in MHO, as coordinated selling across family members would amplify the signal
Explore all research