Builders FirstSource, Inc. (NASDAQ:BLDR) Director Craig Arthur Steinke sold 87,987 shares of the stock in a transaction on Friday, May 10th. The shares were sold at an average price of $16.31, for a total value of $1,435,067.97. Following the completion of the transaction, the director now owns 95,896 shares of the company’s stock, valued at approximately $1,564,063.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of Builders FirstSource stock opened at $16.15 on Thursday. The stock has a market capitalization of $1.83 billion, a P/E ratio of 8.50, a price-to-earnings-growth ratio of 1.90 and a beta of 2.19. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.88 and a quick ratio of 1.02. Builders FirstSource, Inc. has a 1 year low of $10.15 and a 1 year high of $20.79.

Builders FirstSource (NASDAQ:BLDR) last announced its quarterly earnings data on Thursday, February 28th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. The firm had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.88 billion. Builders FirstSource had a return on equity of 41.88% and a net margin of 2.84%. On average, research analysts forecast that Builders FirstSource, Inc. will post 1.66 earnings per share for the current year.

A number of research firms recently weighed in on BLDR. ValuEngine upgraded Builders FirstSource from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. BidaskClub lowered Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Friday, April 19th. Zacks Investment Research upgraded Builders FirstSource from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Thursday, May 9th. Wedbush set a $18.00 price target on Builders FirstSource and gave the company a “buy” rating in a research report on Friday, May 3rd. Finally, TheStreet upgraded Builders FirstSource from a “c+” rating to a “b-” rating in a research report on Wednesday, March 20th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $16.54.

A number of institutional investors have recently made changes to their positions in the stock. Raging Capital Management LLC lifted its stake in Builders FirstSource by 25.0% in the 4th quarter. Raging Capital Management LLC now owns 3,890,888 shares of the company’s stock worth $42,450,000 after acquiring an additional 777,951 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Builders FirstSource by 9.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,871,302 shares of the company’s stock worth $51,643,000 after acquiring an additional 328,792 shares in the last quarter. Altshuler Shaham Ltd lifted its stake in Builders FirstSource by 64.4% in the 4th quarter. Altshuler Shaham Ltd now owns 2,814,327 shares of the company’s stock worth $30,704,000 after acquiring an additional 1,102,532 shares in the last quarter. Beaconlight Capital LLC lifted its stake in Builders FirstSource by 13.9% in the 4th quarter. Beaconlight Capital LLC now owns 2,688,474 shares of the company’s stock worth $29,331,000 after acquiring an additional 327,533 shares in the last quarter. Finally, LSV Asset Management lifted its stake in Builders FirstSource by 71.0% in the 4th quarter. LSV Asset Management now owns 2,313,068 shares of the company’s stock worth $25,235,000 after acquiring an additional 960,271 shares in the last quarter. 94.77% of the stock is owned by hedge funds and other institutional investors.

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Builders FirstSource Company Profile

Builders FirstSource, Inc manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand name.

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

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