TopBuild Corp (NYSE:BLD) CFO John S. Peterson sold 6,932 shares of the firm’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $75.36, for a total transaction of $522,395.52. Following the completion of the transaction, the chief financial officer now owns 34,943 shares in the company, valued at $2,633,304.48. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of TopBuild Corp (NYSE:BLD) opened at $77.51 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2,676.54, a price-to-earnings ratio of 17.66 and a beta of 0.68. TopBuild Corp has a 12-month low of $43.51 and a 12-month high of $78.64.
TopBuild (NYSE:BLD) last posted its quarterly earnings results on Tuesday, February 27th. The construction company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.03. The company had revenue of $501.40 million for the quarter, compared to analyst estimates of $491.80 million. TopBuild had a net margin of 8.30% and a return on equity of 10.65%. The business’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period last year, the business posted $0.59 EPS. sell-side analysts predict that TopBuild Corp will post 3.9 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of BLD. Rothschild Asset Management Inc. acquired a new stake in TopBuild in the 3rd quarter worth $30,954,000. Emerald Advisers Inc. PA acquired a new stake in TopBuild in the 4th quarter worth $12,771,000. Westfield Capital Management Co. LP grew its position in TopBuild by 42.1% in the 3rd quarter. Westfield Capital Management Co. LP now owns 477,315 shares of the construction company’s stock worth $31,107,000 after purchasing an additional 141,310 shares during the last quarter. Ranger Investment Management L.P. acquired a new stake in TopBuild in the 4th quarter worth $10,384,000. Finally, Goldman Sachs Group Inc. grew its position in TopBuild by 10.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,183,511 shares of the construction company’s stock worth $89,639,000 after purchasing an additional 110,431 shares during the last quarter. Institutional investors own 92.93% of the company’s stock.
TopBuild Company Profile
TopBuild Corp. installs and distributes insulation products to the United States construction industry. The Company operates through two segments: Installation (TruTeam) and Distribution (Service Partners). Its Installation segment principally includes the sales and installation of insulation and other building products.
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