Builders FirstSource, Inc. (NASDAQ:BLDR) CFO Peter M. Jackson sold 12,500 shares of the business’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $20.51, for a total transaction of $256,375.00. Following the completion of the sale, the chief financial officer now directly owns 26,587 shares of the company’s stock, valued at approximately $545,299.37. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Builders FirstSource, Inc. (NASDAQ:BLDR) traded up $0.39 during trading on Friday, hitting $20.52. 1,044,200 shares of the stock were exchanged, compared to its average volume of 1,219,923. Builders FirstSource, Inc. has a fifty-two week low of $10.56 and a fifty-two week high of $20.86. The stock has a market capitalization of $2,310.00, a price-to-earnings ratio of 19.54 and a beta of 2.15. The company has a debt-to-equity ratio of 4.46, a current ratio of 1.86 and a quick ratio of 1.06.

Builders FirstSource (NASDAQ:BLDR) last released its earnings results on Wednesday, November 8th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.02. Builders FirstSource had a net margin of 1.29% and a return on equity of 33.66%. The business had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the firm earned $0.61 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. equities analysts expect that Builders FirstSource, Inc. will post 1.06 EPS for the current fiscal year.

Several equities research analysts recently commented on the stock. B. Riley reissued a “buy” rating on shares of Builders FirstSource in a report on Wednesday, November 1st. ValuEngine lowered shares of Builders FirstSource from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Citigroup boosted their price target on shares of Builders FirstSource from $18.00 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 10th. BidaskClub lowered shares of Builders FirstSource from a “hold” rating to a “sell” rating in a report on Tuesday, August 22nd. Finally, Wedbush reissued a “buy” rating and issued a $20.00 price target on shares of Builders FirstSource in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. Builders FirstSource has a consensus rating of “Buy” and an average target price of $20.00.

Several institutional investors have recently added to or reduced their stakes in BLDR. Cubist Systematic Strategies LLC purchased a new stake in shares of Builders FirstSource during the third quarter worth $110,000. SG Americas Securities LLC acquired a new position in shares of Builders FirstSource during the 2nd quarter valued at about $114,000. Ameritas Investment Partners Inc. boosted its position in shares of Builders FirstSource by 17.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,495 shares of the company’s stock valued at $130,000 after acquiring an additional 1,253 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Builders FirstSource by 10,237.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,580 shares of the company’s stock valued at $131,000 after acquiring an additional 8,497 shares during the last quarter. Finally, Victory Capital Management Inc. acquired a new position in shares of Builders FirstSource during the 3rd quarter valued at about $147,000. 94.55% of the stock is owned by institutional investors and hedge funds.

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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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