Builders FirstSource, Inc. (NASDAQ:BLDR) CEO M Chad Crow sold 87,657 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $20.05, for a total value of $1,757,522.85. Following the completion of the sale, the chief executive officer now directly owns 246,839 shares of the company’s stock, valued at $4,949,121.95. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Builders FirstSource stock opened at $18.70 on Thursday. Builders FirstSource, Inc. has a twelve month low of $10.15 and a twelve month high of $20.30. The stock’s 50 day moving average is $17.47. The company has a quick ratio of 0.96, a current ratio of 1.69 and a debt-to-equity ratio of 2.02. The firm has a market cap of $2.22 billion, a PE ratio of 9.84 and a beta of 2.03.
Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.48 by $0.15. The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Builders FirstSource had a return on equity of 39.63% and a net margin of 3.05%. The company’s quarterly revenue was down 8.9% compared to the same quarter last year. During the same period last year, the firm earned $0.54 EPS. As a group, equities analysts predict that Builders FirstSource, Inc. will post 1.81 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Builders FirstSource in the 1st quarter valued at approximately $810,000. First Quadrant L P CA acquired a new stake in shares of Builders FirstSource in the 1st quarter valued at approximately $80,000. NumerixS Investment Technologies Inc lifted its holdings in shares of Builders FirstSource by 129.9% in the 1st quarter. NumerixS Investment Technologies Inc now owns 15,400 shares of the company’s stock valued at $202,000 after buying an additional 8,700 shares during the period. King Luther Capital Management Corp lifted its holdings in shares of Builders FirstSource by 5.7% in the 1st quarter. King Luther Capital Management Corp now owns 197,645 shares of the company’s stock valued at $2,637,000 after buying an additional 10,575 shares during the period. Finally, Creative Planning lifted its holdings in shares of Builders FirstSource by 7.6% in the 1st quarter. Creative Planning now owns 11,269 shares of the company’s stock valued at $150,000 after buying an additional 800 shares during the period. 90.22% of the stock is owned by institutional investors and hedge funds.
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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