Builders FirstSource, Inc. (NASDAQ:BLDR) insider M Chad Crow sold 158,384 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $18.24, for a total transaction of $2,888,924.16. Following the completion of the sale, the insider now owns 446,248 shares of the company’s stock, valued at approximately $8,139,563.52. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Builders FirstSource, Inc. (BLDR) traded up $0.20 during mid-day trading on Friday, reaching $18.67. The company’s stock had a trading volume of 1,921,100 shares, compared to its average volume of 1,205,581. The company has a market cap of $2,160.00, a PE ratio of 17.93 and a beta of 2.14. The company has a debt-to-equity ratio of 4.46, a quick ratio of 1.06 and a current ratio of 1.86. Builders FirstSource, Inc. has a 52-week low of $10.34 and a 52-week high of $18.86.

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

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A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of Builders FirstSource from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Barclays PLC upped their price objective on shares of Builders FirstSource from $15.00 to $17.00 and gave the company an “equal weight” rating in a research report on Friday, November 10th. SunTrust Banks, Inc. restated a “buy” rating and issued a $20.00 price objective on shares of Builders FirstSource in a research report on Friday, November 10th. B. Riley upped their price objective on shares of Builders FirstSource from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Finally, Wedbush restated a “buy” rating and issued a $20.00 price objective on shares of Builders FirstSource in a research report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $19.50.

Hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC bought a new position in Builders FirstSource during the 3rd quarter worth about $110,000. SG Americas Securities LLC bought a new position in Builders FirstSource during the 2nd quarter worth about $114,000. Victory Capital Management Inc. bought a new position in Builders FirstSource during the 3rd quarter worth about $147,000. Ameritas Investment Partners Inc. increased its holdings in Builders FirstSource by 17.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,495 shares of the company’s stock worth $130,000 after purchasing an additional 1,253 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Builders FirstSource by 10,237.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,580 shares of the company’s stock worth $131,000 after purchasing an additional 8,497 shares in the last quarter. Hedge funds and other institutional investors own 86.23% of the company’s stock.

About Builders FirstSource

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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