Rep. David Taylor Sells Off Shares of Installed Building Products, Inc. (NYSE:IBP)

Representative David Taylor (R-Ohio) recently sold shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on February 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Installed Building Products stock on January 16th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 1/29/2026.

Installed Building Products Trading Up 5.7%

Installed Building Products stock opened at $303.33 on Wednesday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.28 and a current ratio of 2.78. Installed Building Products, Inc. has a fifty-two week low of $150.83 and a fifty-two week high of $317.86. The stock has a market cap of $8.23 billion, a P/E ratio of 32.65, a PEG ratio of 5.30 and a beta of 1.92. The firm’s fifty day moving average price is $279.74 and its 200-day moving average price is $260.82.

Installed Building Products (NYSE:IBP) last posted its earnings results on Wednesday, November 5th. The construction company reported $3.18 EPS for the quarter, topping the consensus estimate of $2.69 by $0.49. The business had revenue of $778.20 million during the quarter, compared to analysts’ expectations of $751.98 million. Installed Building Products had a return on equity of 62.74% and a net margin of 8.60%.The firm’s revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.85 earnings per share. Equities research analysts forecast that Installed Building Products, Inc. will post 10.66 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Installed Building Products from $275.00 to $310.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 14th. Jefferies Financial Group raised their target price on shares of Installed Building Products from $230.00 to $259.00 and gave the company a “hold” rating in a research note on Monday, December 15th. Zacks Research cut shares of Installed Building Products from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Evercore ISI set a $265.00 price target on shares of Installed Building Products in a report on Thursday, November 6th. Finally, Weiss Ratings cut shares of Installed Building Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $235.36.

Insider Activity at Installed Building Products

In other news, insider William Jeffrey Hire sold 5,000 shares of the stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $251.63, for a total transaction of $1,258,150.00. Following the completion of the sale, the insider owned 32,999 shares of the company’s stock, valued at approximately $8,303,538.37. This represents a 13.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael H. Thomas sold 2,001 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $268.28, for a total transaction of $536,828.28. Following the completion of the transaction, the director owned 8,373 shares in the company, valued at $2,246,308.44. This represents a 19.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 16.20% of the company’s stock.

Institutional Trading of Installed Building Products

Several hedge funds and other institutional investors have recently bought and sold shares of IBP. Drucker Wealth 3.0 LLC lifted its holdings in shares of Installed Building Products by 10.0% in the 4th quarter. Drucker Wealth 3.0 LLC now owns 1,152 shares of the construction company’s stock worth $299,000 after acquiring an additional 105 shares during the last quarter. MGO One Seven LLC increased its holdings in shares of Installed Building Products by 3.1% in the fourth quarter. MGO One Seven LLC now owns 1,133 shares of the construction company’s stock worth $294,000 after buying an additional 34 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of Installed Building Products by 46.4% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,464 shares of the construction company’s stock valued at $380,000 after acquiring an additional 464 shares during the last quarter. Pittenger & Anderson Inc. boosted its holdings in Installed Building Products by 41.7% during the 4th quarter. Pittenger & Anderson Inc. now owns 2,480 shares of the construction company’s stock valued at $643,000 after acquiring an additional 730 shares during the period. Finally, Blalock Williams LLC grew its position in Installed Building Products by 16.7% during the 4th quarter. Blalock Williams LLC now owns 3,749 shares of the construction company’s stock worth $972,000 after acquiring an additional 537 shares during the last quarter. Hedge funds and other institutional investors own 99.61% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Installed Building Products Company Profile

Installed Building Products, Inc (NYSE: IBP) is a leading national installer of specialty building products serving the U.S. residential construction market. The company partners with homebuilders and contractors to deliver a comprehensive range of interior and exterior finishing services, including insulation, drywall finishing, protective coatings and basement waterproofing systems. By offering a single-source solution, Installed Building Products helps streamline project coordination and ensures consistent service quality across multiple trades.

Founded in 1977 and headquartered in Columbus, Ohio, Installed Building Products has expanded from a regional insulation installer into a nationwide platform operating in nearly every state.