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 equities research analysts have weighed in on BLDR shares. BidaskClub raised Builders FirstSource from a “hold” rating to a “buy” rating in a research report on Thursday, January 31st. B. Riley dropped their target price on Builders FirstSource from $22.00 to $18.00 and set a “buy” rating on the stock in a research report on Tuesday, March 5th. Zacks Investment Research raised Builders FirstSource from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 6th. ValuEngine raised Builders FirstSource from a “strong sell” rating to a “sell” rating in a research report on Monday, March 11th. Finally, Buckingham Research started coverage on Builders FirstSource in a research report on Monday, February 25th. They issued a “neutral” rating and a $15.00 target price on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $16.54.

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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