Builders FirstSource Inc. (NASDAQ:BLDR) shares were down 2.5% during trading on Thursday . The company traded as low as $13.24 and last traded at $13.40, with a volume of 381,171 shares trading hands. The stock had previously closed at $13.74.

A number of research analysts have commented on BLDR shares. Sterne Agee CRT reiterated a “buy” rating on shares of Builders FirstSource in a research note on Monday, May 16th. Credit Suisse Group AG reiterated a “hold” rating on shares of Builders FirstSource in a research note on Tuesday, June 28th. Zacks Investment Research upgraded shares of Builders FirstSource from a “strong sell” rating to a “hold” rating in a research note on Monday, July 18th. Citigroup Inc. raised their price target on shares of Builders FirstSource from $12.00 to $14.00 and gave the stock a “neutral” rating in a research report on Monday, August 8th. Finally, FBR & Co started coverage on shares of Builders FirstSource in a research report on Wednesday, June 1st. They issued an “outperform” rating and a $16.00 price target on the stock. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $14.57.

The stock’s market cap is $1.49 billion. The firm has a 50 day moving average price of $12.87 and a 200-day moving average price of $11.33.

Builders FirstSource (NASDAQ:BLDR) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.05. The company had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The business’s quarterly revenue was up 263.4% on a year-over-year basis. Equities analysts expect that Builders FirstSource Inc. will post $0.78 earnings per share for the current year.

In other news, SVP Donald F. Mcaleenan sold 70,000 shares of Builders FirstSource stock in a transaction that occurred on Friday, August 19th. The shares were sold at an average price of $12.56, for a total value of $879,200.00. Following the transaction, the senior vice president now owns 373,238 shares of the company’s stock, valued at $4,687,869.28. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Morris E. Tolly sold 50,000 shares of Builders FirstSource stock in a transaction that occurred on Wednesday, August 17th. The shares were sold at an average price of $12.43, for a total transaction of $621,500.00. Following the completion of the transaction, the insider now directly owns 216,890 shares in the company, valued at approximately $2,695,942.70. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Builders FirstSource stock. Ameriprise Financial Inc. boosted its position in shares of Builders FirstSource Inc. (NASDAQ:BLDR) by 4.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 164,914 shares of the company’s stock after buying an additional 7,023 shares during the period. Ameriprise Financial Inc. owned 0.16% of Builders FirstSource worth $1,827,000 as of its most recent SEC filing.

Builders FirstSource, Inc is a supplier and manufacturer of building materials, manufactured components and construction services to professional contractors, sub-contractors and consumers. The Company’s operating segments include Northeast, Southeast, South and West. It offers solution to its customers providing manufacturing, supply and installation of a range of structural and related building products.

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