Builders FirstSource, Inc. (NASDAQ:BLDR) CFO Peter M. Jackson sold 4,328 shares of the stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $20.20, for a total transaction of $87,425.60. Following the completion of the transaction, the chief financial officer now directly owns 53,096 shares of the company’s stock, valued at approximately $1,072,539.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Builders FirstSource stock traded down $0.49 during trading hours on Monday, hitting $19.66. 1,084,000 shares of the stock were exchanged, compared to its average volume of 1,013,667. The company has a quick ratio of 1.02, a current ratio of 1.69 and a debt-to-equity ratio of 2.02. The stock has a market capitalization of $2.30 billion, a PE ratio of 10.35, a P/E/G ratio of 2.24 and a beta of 2.03. Builders FirstSource, Inc. has a 12 month low of $10.15 and a 12 month high of $20.30. The stock has a 50-day moving average of $17.33.

Builders FirstSource (NASDAQ:BLDR) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.15. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Builders FirstSource had a net margin of 3.05% and a return on equity of 39.63%. The company’s quarterly revenue was down 8.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.54 earnings per share. As a group, sell-side analysts expect that Builders FirstSource, Inc. will post 1.81 EPS for the current year.

Several research firms recently issued reports on BLDR. BidaskClub raised shares of Builders FirstSource from a “hold” rating to a “buy” rating in a research report on Thursday. Wedbush set a $18.00 price target on shares of Builders FirstSource and gave the stock a “buy” rating in a research report on Friday, May 3rd. Buckingham Research increased their price target on shares of Builders FirstSource from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. Zacks Investment Research raised shares of Builders FirstSource from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Thursday, May 9th. Finally, ValuEngine lowered shares of Builders FirstSource from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $16.00.

A number of institutional investors have recently modified their holdings of BLDR. Renaissance Technologies LLC raised its holdings in Builders FirstSource by 84.0% in the second quarter. Renaissance Technologies LLC now owns 1,768,800 shares of the company’s stock worth $29,822,000 after purchasing an additional 807,400 shares during the period. Brightline Capital Management LLC raised its holdings in Builders FirstSource by 127.1% in the second quarter. Brightline Capital Management LLC now owns 545,000 shares of the company’s stock worth $9,189,000 after purchasing an additional 305,000 shares during the period. Quantamental Technologies LLC acquired a new stake in Builders FirstSource in the second quarter worth $252,000. LPL Financial LLC raised its holdings in Builders FirstSource by 5.3% in the second quarter. LPL Financial LLC now owns 118,943 shares of the company’s stock worth $2,005,000 after purchasing an additional 6,031 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Builders FirstSource by 5.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,053,583 shares of the company’s stock worth $17,764,000 after purchasing an additional 59,077 shares during the period. 92.58% of the stock is currently owned by hedge funds and other institutional investors.

Builders FirstSource Company Profile

Builders FirstSource, Inc manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand name.

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Insider Buying and Selling by Quarter for Builders FirstSource (NASDAQ:BLDR)

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