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Builders FirstSource (NASDAQ:BLDR) major shareholder Stadium Capital Partners L. P sold 48,102 shares of the company’s stock on the open market in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $7.90, for a total transaction of $380,005.80. Following the completion of the sale, the insider now directly owns 11,871,058 shares of the company’s stock, valued at approximately $93,781,358. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Builders FirstSource (NASDAQ:BLDR) traded up 1.16% during mid-day trading on Tuesday, hitting $7.84. 322,028 shares of the company’s stock traded hands. Builders FirstSource has a one year low of $5.00 and a one year high of $8.04. The stock’s 50-day moving average is $7.17 and its 200-day moving average is $6.49. The company’s market cap is $762.3 million.

Builders FirstSource (NASDAQ:BLDR) last released its earnings data on Thursday, October 24th. The company reported $0.09 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.06. The company had revenue of $402.90 million for the quarter, compared to the consensus estimate of $418.20 million. During the same quarter in the prior year, the company posted ($0.07) earnings per share. The company’s quarterly revenue was up 38.1% on a year-over-year basis. On average, analysts predict that Builders FirstSource will post $0.05 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Builders FirstSource from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $8.40 price target on the stock. Separately, analysts at Williams Capital raised their price target on shares of Builders FirstSource from $8.00 to $9.00 in a research note to investors on Wednesday, October 30th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Builders FirstSource presently has an average rating of “Buy” and a consensus price target of $8.48.

Builders FirstSource, Inc is a supplier and manufacturer of structural and related building products for residential new construction.

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