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The cellphones-to-satellites-to-cellphones communications company filed a Form S-3 with the Securities and ExchangeCommission (SEC) this morning, advising that one of its shareholders intends "from time to time" to sell up to 10.4 But what about the investors who are buying AST stock this morning? through 11 a.m.
It is now my pleasure to introduce your host, Emily Tadano, vice president of investor relations and ESG. Emily Tadano -- Vice President, Investor Relations and ESG Thank you, operator. During the second quarter, we hosted two Investor Day calls to introduce the evolution of our business model. You may begin.
Before we get started, today's call includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Horton, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and D.r. Although D.R. Operator Thank you.
Hansen -- Senior Vice President, Communications and People and Head of Investor Relations Thank you, Tom, and good morning. Before we get started, today's call includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Although D.R. Horton wasn’t one of them.
[Operator instructions] The Children's Place issued its third-quarter 2023 earnings press release earlier this morning, and a copy of the release and presentation materials have been posted to the Investor Relations section of the company's website. They just revealed what they believe are the ten best stocks for investors to buy right now.
Jessica Hansen -- Vice President, Investor Relations Thank you, Holly, and good morning. Before we get started, today's call includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Horton's annual report on Form 10-K, which is filed with the Securities and ExchangeCommission.
I'd now like to turn the conference over to the head of investor relations, Meg Nunnally. Meg Nunnally -- Head of Investor Relations Thank you, operator. I'm Meg Nunnally, Redfin's head of investor relations. Please read and consider the risk factors in our SEC filings together with the content of today's call.
I will now turn the conference over to our host, Emily Tadano, vice president of investor relations and ESG. Emily Tadano -- Vice President, Investor Relations Thank you, operator. They just revealed what they believe are the ten best stocks for investors to buy right now. You may begin. and Meritage Homes wasn't one of them!
It's now my pleasure to introduce your host, Emily Tadano, vice president, investor relations and ESG. Emily Tadano -- Vice President, Investor Relations Thank you, operator. Higher commissions this quarter offset the incremental leverage achieved on higher home closing revenue. Please go ahead, Emily. Turning to SG&A.
It's now my pleasure to turn the call over to Emily Tadano, vice president, investor relations and ESG. Emily Tadano -- Vice President, Investor Relations and ESG Thank you so much. [Operator instructions] As a reminder, this conference is being recorded. Please go ahead, Emily. Should you invest $1,000 in Meritage Homes right now?
I will now hand it over to Justin Furby, vice president of investor relations. Justin Furby -- Vice President, Investor Relations Thank you, operator. The webcast replay of this call will be available for the next 90 days on our company website under the Investor Relations link. Onset, and Swisscom. Moving to financials.
[Operator instructions] I will now turn the call over to Jessica Hansen, vice president of investor relations for D.R. Jessica Hansen -- Vice President, Investor Relations Thank you, Paul, and good morning. They just revealed what they believe are the ten best stocks for investors to buy right now. Horton wasn't one of them!
At this time, it is now my pleasure to introduce Emily Tadano, vice president of investor relations and ESG. Emily Tadano -- Vice President, Investor Relations and ESG Thank you, operator. With our focus on affordability, we secured 3,304 orders with an average monthly absorption of 3.9, Emily, you may now begin.
It's now my pleasure to turn the call over to Emily Tadano, vice president, investor relations and ESG. Emily Tadano -- Vice President, Investor Relations and ESG Thank you, operator. [Operator instructions] As a reminder, this conference is being recorded. Please go ahead, Emily. Should you invest $1,000 in Meritage Homes right now?
Hansen -- Senior Vice President, Communications and People and Head of Investor Relations Thank you, Paul, and good morning. Before we get started, today's call includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Although D.R. billion to $8.2
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