M Chad Crow Sells 123,740 Shares of Builders FirstSource, Inc. (BLDR) Stock
Builders FirstSource, Inc. (NASDAQ:BLDR) CEO M Chad Crow sold 123,740 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $15.85, for a total value of $1,961,279.00. Following the sale, the chief executive officer now directly owns 420,736 shares in the company, valued at $6,668,665.60. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of BLDR traded down $0.06 during trading hours on Thursday, reaching $16.09. 49,772 shares of the company’s stock traded hands, compared to its average volume of 961,026. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 8.49, 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 quick ratio of 1.02 and a current ratio of 1.88. Builders FirstSource, Inc. has a twelve month low of $10.15 and a twelve month high of $20.79.
Builders FirstSource (NASDAQ:BLDR) last issued its quarterly earnings results on Thursday, February 28th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. The company had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.88 billion. Builders FirstSource had a return on equity of 41.88% and a net margin of 2.84%. Analysts forecast that Builders FirstSource, Inc. will post 1.66 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of the company. Creative Planning increased its holdings in shares of Builders FirstSource by 7.6% during the first quarter. Creative Planning now owns 11,269 shares of the company’s stock valued at $150,000 after purchasing an additional 800 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of Builders FirstSource by 8.3% during the first quarter. Commonwealth Equity Services LLC now owns 13,710 shares of the company’s stock valued at $182,000 after purchasing an additional 1,050 shares during the period. Stephens Inc. AR increased its holdings in shares of Builders FirstSource by 10.6% during the fourth quarter. Stephens Inc. AR now owns 11,472 shares of the company’s stock valued at $125,000 after purchasing an additional 1,100 shares during the period. Meeder Asset Management Inc. increased its holdings in shares of Builders FirstSource by 59.0% during the first quarter. Meeder Asset Management Inc. now owns 3,269 shares of the company’s stock valued at $44,000 after purchasing an additional 1,213 shares during the period. Finally, BBT Capital Management LLC increased its holdings in shares of Builders FirstSource by 5.0% during the first quarter. BBT Capital Management LLC now owns 32,080 shares of the company’s stock valued at $428,000 after purchasing an additional 1,525 shares during the period. 94.77% of the stock is currently owned by 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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