Builders FirstSource, Inc. (NASDAQ:BLDR) was the target of some unusual options trading on Monday. Stock traders bought 1,453 call options on the company. This is an increase of 1,368% compared to the average daily volume of 99 call options.

Shares of Builders FirstSource (BLDR) traded up $0.34 during trading hours on Wednesday, reaching $19.82. The company’s stock had a trading volume of 1,660,000 shares, compared to its average volume of 1,420,000. The company has a market cap of $2,240.00, a P/E ratio of 26.08 and a beta of 2.01. The company has a debt-to-equity ratio of 4.46, a current ratio of 1.86 and a quick ratio of 1.06. Builders FirstSource has a 52-week low of $12.12 and a 52-week high of $23.28.

In related news, CEO Floyd F. Sherman sold 40,000 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $19.43, for a total value of $777,200.00. Following the completion of the sale, the chief executive officer now directly owns 623,635 shares of the company’s stock, valued at approximately $12,117,228.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Peter M. Jackson sold 12,500 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $20.51, for a total value of $256,375.00. Following the completion of the sale, the chief financial officer now directly owns 26,587 shares of the company’s stock, valued at $545,299.37. The disclosure for this sale can be found here. Corporate insiders own 14.60% of the company’s stock.

Large investors have recently made changes to their positions in the business. Ameriprise Financial Inc. grew its stake in Builders FirstSource by 156.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 218,727 shares of the company’s stock valued at $3,351,000 after purchasing an additional 133,410 shares during the period. Fisher Asset Management LLC bought a new position in shares of Builders FirstSource during the 3rd quarter worth $1,290,000. Boston Advisors LLC bought a new position in shares of Builders FirstSource during the 3rd quarter worth $304,000. Strs Ohio bought a new position in shares of Builders FirstSource during the 3rd quarter worth $1,133,000. Finally, Capital Growth Management LP bought a new position in shares of Builders FirstSource during the 3rd quarter worth $630,000. Hedge funds and other institutional investors own 97.31% of the company’s stock.

A number of research firms recently commented on BLDR. B. Riley reissued a “buy” rating on shares of Builders FirstSource in a research report on Wednesday, November 1st. BidaskClub lowered Builders FirstSource from a “buy” rating to a “hold” rating in a research report on Wednesday. Stifel Nicolaus upped their price objective on Builders FirstSource from $23.00 to $26.50 and gave the company a “buy” rating in a research note on Monday, January 22nd. ValuEngine upgraded Builders FirstSource from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Wedbush set a $30.00 price objective on Builders FirstSource and gave the company an “outperform” rating in a research note on Friday, January 12th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Builders FirstSource has a consensus rating of “Buy” and an average target price of $23.41.

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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.

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