Susan C. O’farrell Buys 2,500 Shares of BlueLinx Holdings Inc. (BXC) Stock
BlueLinx Holdings Inc. (NYSE:BXC) CFO Susan C. O’farrell bought 2,500 shares of BlueLinx stock in a transaction on Monday, November 12th. The stock was purchased at an average price of $23.97 per share, for a total transaction of $59,925.00. Following the completion of the acquisition, the chief financial officer now owns 54,434 shares in the company, valued at approximately $1,304,782.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Shares of BXC stock opened at $24.14 on Thursday. The stock has a market cap of $224.91 million, a PE ratio of 6.21 and a beta of 2.14. BlueLinx Holdings Inc. has a 1-year low of $8.95 and a 1-year high of $46.42. The company has a debt-to-equity ratio of 326.37, a quick ratio of 1.44 and a current ratio of 3.15.
BlueLinx (NYSE:BXC) last announced its quarterly earnings data on Thursday, November 8th. The construction company reported ($1.07) earnings per share for the quarter. The company had revenue of $859.78 million for the quarter. BlueLinx had a return on equity of 202.65% and a net margin of 0.82%.
Several hedge funds have recently made changes to their positions in the company. MetLife Investment Advisors LLC lifted its holdings in shares of BlueLinx by 55.2% during the 3rd quarter. MetLife Investment Advisors LLC now owns 6,934 shares of the construction company’s stock worth $218,000 after acquiring an additional 2,465 shares during the period. AWH Capital L.P. purchased a new position in shares of BlueLinx during the 3rd quarter worth about $630,000. JBF Capital Inc. lifted its holdings in shares of BlueLinx by 716.5% during the 3rd quarter. JBF Capital Inc. now owns 260,466 shares of the construction company’s stock worth $8,202,000 after acquiring an additional 228,566 shares during the period. William Blair Investment Management LLC lifted its holdings in shares of BlueLinx by 18.9% during the 3rd quarter. William Blair Investment Management LLC now owns 129,488 shares of the construction company’s stock worth $4,078,000 after acquiring an additional 20,541 shares during the period. Finally, Ancora Advisors LLC purchased a new position in shares of BlueLinx during the 3rd quarter worth about $3,099,000. Institutional investors and hedge funds own 61.85% of the company’s stock.
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BlueLinx Holdings Inc, together with its subsidiaries, distributes building and industrial products in the United States. It distributes products in two principal categories, structural products and specialty products. The company's structural products include plywood, rebar and remesh, and lumber products, as well as oriented strand boards and other wood products primarily used for structural support, walls, and floorings in construction projects.
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