Insider Buying: Ronald Kolka Purchases 20,000 Shares of BlueLinx Holdings Stock (BXC)
BlueLinx Holdings (NYSE:BXC) Director Ronald Kolka purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, August 20th. The shares were purchased at an average cost of $1.28 per share, with a total value of $25,600.00. Following the acquisition, the director now directly owns 51,447 shares in the company, valued at approximately $65,852. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
BlueLinx Holdings (NYSE:BXC) traded down 0.78% during mid-day trading on Thursday, hitting $1.28. 34,400 shares of the company’s stock traded hands. BlueLinx Holdings has a 52 week low of $1.07 and a 52 week high of $2.14. The stock has a 50-day moving average of $1.23 and a 200-day moving average of $1.33. The company’s market cap is $113.7 million.
BlueLinx Holdings (NYSE:BXC) last released its earnings data on Thursday, August 7th. The company reported $0.01 EPS for the quarter. On average, analysts predict that BlueLinx Holdings will post $-0.24 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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