Worth Venture Partners LLC lowered its stake in BMC Stock Holdings, Inc. (NASDAQ:BMCH) by 13.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,522 shares of the company’s stock after selling 3,440 shares during the quarter. Worth Venture Partners LLC’s holdings in BMC Stock Holdings were worth $459,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of BMCH. GMT Capital Corp bought a new position in BMC Stock Holdings in the 2nd quarter worth about $15,912,000. Victory Capital Management Inc. boosted its stake in BMC Stock Holdings by 106.0% in the 2nd quarter. Victory Capital Management Inc. now owns 1,365,066 shares of the company’s stock worth $29,827,000 after purchasing an additional 702,295 shares during the period. Westfield Capital Management Co. LP boosted its stake in BMC Stock Holdings by 64.3% in the 2nd quarter. Westfield Capital Management Co. LP now owns 1,718,041 shares of the company’s stock worth $37,539,000 after purchasing an additional 672,491 shares during the period. Northern Trust Corp boosted its stake in BMC Stock Holdings by 72.4% in the 2nd quarter. Northern Trust Corp now owns 1,177,591 shares of the company’s stock worth $25,730,000 after purchasing an additional 494,409 shares during the period. Finally, Neumeier Poma Investment Counsel LLC bought a new position in BMC Stock Holdings in the 2nd quarter worth about $9,349,000.

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In related news, insider Peter Alexander sold 28,000 shares of the firm’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $21.08, for a total transaction of $590,240.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeffrey Gene Rea sold 75,000 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $22.00, for a total value of $1,650,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 125,000 shares of company stock worth $2,689,440. 3.70% of the stock is currently owned by insiders.

A number of analysts have recently issued reports on the company. B. Riley reiterated a “buy” rating and set a $25.00 price target (up previously from $22.00) on shares of BMC Stock Holdings in a research report on Tuesday, November 7th. Royal Bank Of Canada reiterated a “buy” rating and set a $24.00 price target on shares of BMC Stock Holdings in a research report on Tuesday, July 18th. Zacks Investment Research downgraded BMC Stock Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Barclays PLC dropped their price target on BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating for the company in a research report on Friday, August 4th. Finally, Robert W. Baird reiterated a “buy” rating and set a $23.00 price target on shares of BMC Stock Holdings in a research report on Monday, October 9th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $23.83.

Shares of BMC Stock Holdings, Inc. (BMCH) traded down $0.10 on Tuesday, hitting $22.50. The stock had a trading volume of 776,800 shares, compared to its average volume of 555,281. The company has a market cap of $1,515.05, a P/E ratio of 23.06 and a beta of 1.49. The company has a current ratio of 2.29, a quick ratio of 1.38 and a debt-to-equity ratio of 0.57. BMC Stock Holdings, Inc. has a 12-month low of $17.45 and a 12-month high of $23.90.

BMC Stock Holdings (NASDAQ:BMCH) last announced its quarterly earnings data on Monday, November 6th. The company reported $0.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.01). The firm had revenue of $881.01 million for the quarter, compared to analysts’ expectations of $888.09 million. BMC Stock Holdings had a net margin of 1.53% and a return on equity of 9.42%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 earnings per share. equities research analysts expect that BMC Stock Holdings, Inc. will post 0.98 EPS for the current year.

BMC Stock Holdings Profile

BMC Stock Holdings, Inc is a provider of building products and services in the United States residential construction market. The Company’s segments include Mid-Atlantic, Southeast, Texas, Intermountain, Western and Mountain West divisions. Its product offerings include lumber and lumber sheet goods and an array of products, including millwork, doors, windows, structural components, floor and roof trusses and wall panels.

Institutional Ownership by Quarter for BMC Stock Holdings (NASDAQ:BMCH)

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