Builders FirstSource, Inc. (NASDAQ:BLDR) Director Paul S. Levy purchased 800,000 shares of the stock in a transaction dated Wednesday, September 6th. The shares were purchased at an average cost of $16.17 per share, for a total transaction of $12,936,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Builders FirstSource, Inc. (BLDR) traded up 0.36% during trading on Friday, hitting $16.63. The stock had a trading volume of 2,610,828 shares. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 11.01 and a beta of 2.11. Builders FirstSource, Inc. has a 12 month low of $9.04 and a 12 month high of $17.22. The firm has a 50 day moving average of $15.90 and a 200-day moving average of $15.14.

Builders FirstSource (NASDAQ:BLDR) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.03. Builders FirstSource had a net margin of 2.60% and a return on equity of 43.83%. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the previous year, the firm posted $0.31 earnings per share. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. Equities analysts predict that Builders FirstSource, Inc. will post $1.12 earnings per share for the current year.

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Several equities analysts have recently weighed in on the company. Deutsche Bank AG increased their price target on Builders FirstSource from $17.00 to $19.00 and gave the company a “buy” rating in a report on Wednesday, August 9th. Wedbush reissued a “buy” rating and set a $20.00 price target on shares of Builders FirstSource in a report on Thursday. BidaskClub raised Builders FirstSource from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Zacks Investment Research raised Builders FirstSource from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, FBR & Co reissued a “buy” rating and set a $20.00 price target on shares of Builders FirstSource in a report on Tuesday, June 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $17.29.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its position in Builders FirstSource by 68.3% during the first quarter. Envestnet Asset Management Inc. now owns 9,511 shares of the company’s stock valued at $143,000 after purchasing an additional 3,861 shares during the period. US Bancorp DE lifted its position in Builders FirstSource by 49.2% during the first quarter. US Bancorp DE now owns 72,231 shares of the company’s stock valued at $1,077,000 after purchasing an additional 23,811 shares during the period. Globeflex Capital L P acquired a new position in Builders FirstSource during the first quarter valued at $1,343,000. Peregrine Capital Management LLC acquired a new position in Builders FirstSource during the second quarter valued at $7,059,000. Finally, Wells Fargo & Company MN lifted its position in Builders FirstSource by 24.6% during the first quarter. Wells Fargo & Company MN now owns 281,497 shares of the company’s stock valued at $4,194,000 after purchasing an additional 55,596 shares during the period. Institutional investors own 85.48% of the company’s stock.

Builders FirstSource Company Profile

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.

Insider Buying and Selling by Quarter for Builders FirstSource (NASDAQ:BLDR)

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