Builders FirstSource, Inc. (NASDAQ:BLDR) SVP Donald F. Mcaleenan sold 166,714 shares of the business’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $18.16, for a total value of $3,027,526.24. Following the transaction, the senior vice president now directly owns 179,805 shares of the company’s stock, valued at $3,265,258.80. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Builders FirstSource, Inc. (NASDAQ BLDR) traded up $0.31 during trading hours on Wednesday, hitting $18.27. The stock had a trading volume of 1,112,200 shares, compared to its average volume of 1,198,565. The firm has a market cap of $2,060.00, a PE ratio of 17.44 and a beta of 2.14. Builders FirstSource, Inc. has a twelve month low of $10.13 and a twelve month high of $18.82. The company has a current ratio of 1.86, a quick ratio of 1.06 and a debt-to-equity ratio of 4.46.

Builders FirstSource (NASDAQ:BLDR) last posted its earnings results on Wednesday, November 8th. The company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. Builders FirstSource had a return on equity of 33.66% and a net margin of 1.29%. The business had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the previous year, the business earned $0.61 EPS. The business’s quarterly revenue was up 7.6% on a year-over-year basis. research analysts forecast that Builders FirstSource, Inc. will post 1.06 EPS for the current fiscal year.

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Institutional investors have recently bought and sold shares of the company. Cubist Systematic Strategies LLC purchased a new stake in shares of Builders FirstSource in the 3rd quarter valued at about $110,000. SG Americas Securities LLC purchased a new stake in shares of Builders FirstSource in the 2nd quarter valued at about $114,000. Ameritas Investment Partners Inc. lifted its holdings in shares of Builders FirstSource by 17.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,495 shares of the company’s stock valued at $130,000 after purchasing an additional 1,253 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Builders FirstSource by 10,237.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 8,580 shares of the company’s stock valued at $131,000 after purchasing an additional 8,497 shares during the last quarter. Finally, Victory Capital Management Inc. purchased a new stake in shares of Builders FirstSource in the 3rd quarter valued at about $147,000. 86.23% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently issued reports on BLDR. Zacks Investment Research raised 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 Builders FirstSource from $15.00 to $17.00 and gave the stock an “equal weight” rating in a research report on Friday, November 10th. SunTrust Banks, Inc. reaffirmed a “buy” rating and set 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 Builders FirstSource from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Finally, Wedbush reaffirmed a “buy” rating and set a $20.00 price objective on shares of Builders FirstSource in a research report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. Builders FirstSource currently has an average rating of “Buy” and a consensus price target of $19.50.

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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