Builders FirstSource, Inc. (NASDAQ:BLDR) CFO Peter M. Jackson sold 11,972 shares of the firm’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $21.44, for a total transaction of $256,679.68. Following the transaction, the chief financial officer now owns 32,305 shares of the company’s stock, valued at approximately $692,619.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Builders FirstSource, Inc. (BLDR) opened at $21.57 on Friday. Builders FirstSource, Inc. has a one year low of $13.33 and a one year high of $23.28. The company has a quick ratio of 1.06, a current ratio of 1.75 and a debt-to-equity ratio of 4.71. The stock has a market cap of $2,415.93, a P/E ratio of 67.41 and a beta of 2.05.
Builders FirstSource (NASDAQ:BLDR) last posted its earnings results on Wednesday, February 28th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.23. Builders FirstSource had a net margin of 0.55% and a return on equity of 39.79%. The company had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the previous year, the company posted $0.16 earnings per share. Builders FirstSource’s quarterly revenue was up 15.0% compared to the same quarter last year. sell-side analysts forecast that Builders FirstSource, Inc. will post 1.79 EPS for the current fiscal year.
Several large investors have recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new stake in shares of Builders FirstSource in the third quarter valued at approximately $110,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Builders FirstSource by 58.9% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,462 shares of the company’s stock valued at $163,000 after purchasing an additional 2,766 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in shares of Builders FirstSource in the third quarter valued at approximately $147,000. Tocqueville Asset Management L.P. acquired a new stake in shares of Builders FirstSource in the fourth quarter valued at approximately $207,000. Finally, Paloma Partners Management Co acquired a new stake in shares of Builders FirstSource in the fourth quarter valued at approximately $226,000. Institutional investors own 97.68% of the company’s stock.
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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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