BlueLinx Holdings CEO Buys $40,460 in Stock (BXC)
BlueLinx Holdings (NYSE:BXC) CEO Mitchell B. Lewis purchased 32,368 shares of the stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average price of $1.25 per share, for a total transaction of $40,460.00. Following the completion of the acquisition, the chief executive officer now directly owns 632,368 shares in the company, valued at approximately $790,460. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
BlueLinx Holdings (NYSE:BXC) traded up 3.79% on Tuesday, hitting $1.4116. 124,584 shares of the company’s stock traded hands. BlueLinx Holdings has a 1-year low of $1.07 and a 1-year high of $2.52. The stock has a 50-day moving average of $1.30 and a 200-day moving average of $1.53. The company’s market cap is $123.8 million.
BlueLinx Holdings (NYSE:BXC) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.10) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.16) by $0.06. The company had revenue of $443.90 million for the quarter, compared to the consensus estimate of $473.70 million. On average, analysts predict that BlueLinx Holdings will post $-0.32 earnings per share for the current fiscal year.
BlueLinx Holdings Inc (NYSE:BXC) through its wholly owned subsidiary, BlueLinx Corporation, is a distributor of building products in the United States.
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