Builders FirstSource, Inc. (NASDAQ:BLDR) Director Floyd F. Sherman sold 50,000 shares of Builders FirstSource stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of $20.21, for a total transaction of $1,010,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Builders FirstSource traded down $0.55, reaching $19.04, during trading hours on Thursday, MarketBeat.com reports. The company’s stock had a trading volume of 125,059 shares, compared to its average volume of 1,169,448. Builders FirstSource, Inc. has a one year low of $14.39 and a one year high of $23.28. The company has a quick ratio of 1.15, a current ratio of 2.09 and a debt-to-equity ratio of 4.81. The company has a market cap of $2.33 billion, a PE ratio of 15.43 and a beta of 2.06.
Builders FirstSource (NASDAQ:BLDR) last posted its earnings results on Wednesday, May 9th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.08. Builders FirstSource had a net margin of 0.81% and a return on equity of 41.83%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same period in the previous year, the firm posted $0.11 EPS. The business’s quarterly revenue was up 10.9% on a year-over-year basis. sell-side analysts expect that Builders FirstSource, Inc. will post 1.87 earnings per share for the current fiscal year.
Several institutional investors have recently bought and sold shares of the company. DekaBank Deutsche Girozentrale bought a new position in Builders FirstSource during the 1st quarter valued at about $112,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Builders FirstSource by 58.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,462 shares of the company’s stock valued at $163,000 after purchasing an additional 2,766 shares during the last quarter. Hilltop Holdings Inc. bought a new position in Builders FirstSource during the 1st quarter valued at about $203,000. Tocqueville Asset Management L.P. bought a new position in Builders FirstSource during the 4th quarter valued at about $207,000. Finally, Royal Bank of Canada grew its holdings in Builders FirstSource by 140.2% during the 1st quarter. Royal Bank of Canada now owns 10,965 shares of the company’s stock valued at $218,000 after purchasing an additional 6,401 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.
About Builders FirstSource
Builders FirstSource, Inc manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West. Its products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand.
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