Builders FirstSource, Inc. (NASDAQ:BLDR) insider M Chad Crow sold 158,384 shares of Builders FirstSource stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $18.24, for a total value of $2,888,924.16. Following the sale, the insider now directly owns 446,248 shares in the company, valued at $8,139,563.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Builders FirstSource, Inc. (NASDAQ BLDR) traded up $0.20 during trading on Friday, hitting $18.67. The company had a trading volume of 1,921,100 shares, compared to its average volume of 1,205,581. The company has a debt-to-equity ratio of 4.46, a quick ratio of 1.06 and a current ratio of 1.86. The firm has a market capitalization of $2,160.00, a price-to-earnings ratio of 17.93 and a beta of 2.14. Builders FirstSource, Inc. has a one year low of $10.34 and a one year high of $18.86.

Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.39 EPS for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.02. The company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.87 billion. Builders FirstSource had a return on equity of 33.66% and a net margin of 1.29%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.61 earnings per share. analysts predict that Builders FirstSource, Inc. will post 1.06 EPS for the current year.

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BLDR has been the topic of a number of recent research reports. Wedbush reissued a “buy” rating and set a $20.00 price target on shares of Builders FirstSource in a research note on Thursday, September 7th. Zacks Investment Research lowered Builders FirstSource from a “hold” rating to a “sell” rating in a research note on Monday, October 9th. SunTrust Banks, Inc. reissued a “buy” rating and set a $20.00 price target on shares of Builders FirstSource in a research note on Friday, November 10th. Citigroup Inc. lifted their price objective on Builders FirstSource from $18.00 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 10th. Finally, Barclays PLC lifted their price objective on Builders FirstSource from $15.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. Builders FirstSource currently has a consensus rating of “Buy” and an average target price of $19.50.

Hedge funds have recently modified their holdings of the business. Schwab Charles Investment Management Inc. increased its holdings in Builders FirstSource by 9.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 402,672 shares of the company’s stock worth $6,169,000 after purchasing an additional 36,217 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Builders FirstSource by 156.4% in the second quarter. Ameriprise Financial Inc. now owns 218,727 shares of the company’s stock worth $3,351,000 after purchasing an additional 133,410 shares in the last quarter. GoodHaven Capital Management LLC increased its holdings in Builders FirstSource by 103.8% in the second quarter. GoodHaven Capital Management LLC now owns 203,800 shares of the company’s stock worth $3,122,000 after purchasing an additional 103,800 shares in the last quarter. Fisher Asset Management LLC bought a new stake in Builders FirstSource in the third quarter worth approximately $1,290,000. Finally, Peregrine Capital Management LLC bought a new stake in Builders FirstSource in the second quarter worth approximately $7,059,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Builders FirstSource Company Profile

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors, remodelers and consumers. The Company’s operating segments include Northeast, Southeast, South and West. As of December 31, 2016, it operated at 400 locations in 40 states across the United States.

Insider Buying and Selling by Quarter for Builders FirstSource (NASDAQ:BLDR)

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