Insider Selling: TopBuild (NYSE:BLD) VP Sells $450,400.00 in Stock

TopBuild Corp. (NYSE:BLD) VP Luis Francisco Machado sold 1,000 shares of TopBuild stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $450.40, for a total value of $450,400.00. Following the transaction, the vice president owned 9,349 shares in the company, valued at $4,210,789.60. This trade represents a 9.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

TopBuild Price Performance

NYSE BLD opened at $452.63 on Monday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.45 and a current ratio of 2.90. The stock has a market cap of $12.71 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 7.55 and a beta of 1.67. The business has a 50 day simple moving average of $422.81 and a 200 day simple moving average of $384.26. TopBuild Corp. has a 52-week low of $266.26 and a 52-week high of $461.49.

TopBuild (NYSE:BLD) last released its quarterly earnings results on Tuesday, November 4th. The construction company reported $5.36 earnings per share for the quarter, beating the consensus estimate of $5.22 by $0.14. TopBuild had a net margin of 10.84% and a return on equity of 27.10%. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the company earned $5.68 earnings per share. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. TopBuild has set its FY 2025 guidance at EPS. Analysts anticipate that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Vertical Research initiated coverage on TopBuild in a report on Tuesday, October 21st. They set a “buy” rating and a $517.96 target price for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of TopBuild in a report on Wednesday, October 8th. DA Davidson lifted their target price on TopBuild from $465.00 to $485.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Benchmark upped their price target on TopBuild from $444.00 to $515.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Finally, Seaport Res Ptn raised shares of TopBuild from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, TopBuild has an average rating of “Moderate Buy” and an average target price of $430.00.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BLD. Advisory Services Network LLC bought a new stake in TopBuild during the third quarter worth $27,000. Root Financial Partners LLC acquired a new position in shares of TopBuild during the 3rd quarter worth about $34,000. SJS Investment Consulting Inc. raised its holdings in shares of TopBuild by 3,433.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 106 shares of the construction company’s stock valued at $41,000 after purchasing an additional 103 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in TopBuild in the 2nd quarter valued at about $35,000. Finally, Smithfield Trust Co grew its holdings in TopBuild by 58.6% during the third quarter. Smithfield Trust Co now owns 111 shares of the construction company’s stock worth $44,000 after purchasing an additional 41 shares during the period. 95.67% of the stock is currently owned by institutional investors.

About TopBuild

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.