Measured Wealth Private Client Group LLC Buys 163 Shares of Builders FirstSource, Inc. (NYSE:BLDR)

Measured Wealth Private Client Group LLC lifted its stake in Builders FirstSource, Inc. (NYSE:BLDR) by 4.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,675 shares of the company’s stock after buying an additional 163 shares during the period. Measured Wealth Private Client Group LLC’s holdings in Builders FirstSource were worth $766,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. EdgeRock Capital LLC bought a new stake in shares of Builders FirstSource in the fourth quarter valued at about $25,000. Contravisory Investment Management Inc. bought a new stake in shares of Builders FirstSource in the fourth quarter valued at about $28,000. Rakuten Securities Inc. bought a new stake in shares of Builders FirstSource in the fourth quarter valued at about $29,000. Raleigh Capital Management Inc. lifted its stake in shares of Builders FirstSource by 134.0% in the third quarter. Raleigh Capital Management Inc. now owns 248 shares of the company’s stock valued at $31,000 after buying an additional 142 shares during the period. Finally, Principal Securities Inc. acquired a new position in Builders FirstSource in the fourth quarter worth about $32,000. Institutional investors own 95.53% of the company’s stock.

Insider Buying and Selling at Builders FirstSource

In other Builders FirstSource news, insider Michael Hiller sold 4,875 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $159.25, for a total value of $776,343.75. Following the transaction, the insider now directly owns 30,106 shares of the company’s stock, valued at $4,794,380.50. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, insider Michael Hiller sold 4,875 shares of Builders FirstSource stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $159.25, for a total transaction of $776,343.75. Following the transaction, the insider now directly owns 30,106 shares of the company’s stock, valued at $4,794,380.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Paul M. Mccrobie sold 9,118 shares of Builders FirstSource stock in a transaction on Friday, May 24th. The stock was sold at an average price of $170.11, for a total transaction of $1,551,062.98. Following the transaction, the insider now directly owns 22,667 shares in the company, valued at $3,855,883.37. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

Builders FirstSource Price Performance

Shares of BLDR traded up $0.75 during mid-day trading on Tuesday, hitting $134.74. 1,275,375 shares of the company traded hands, compared to its average volume of 1,581,819. Builders FirstSource, Inc. has a one year low of $105.24 and a one year high of $214.70. The company has a current ratio of 2.21, a quick ratio of 1.45 and a debt-to-equity ratio of 0.75. The business has a 50-day moving average of $160.69 and a 200 day moving average of $175.68. The stock has a market capitalization of $16.45 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 2.23 and a beta of 2.04.

Builders FirstSource (NYSE:BLDR) last released its quarterly earnings results on Tuesday, May 7th. The company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.42 by $0.23. Builders FirstSource had a net margin of 8.57% and a return on equity of 38.66%. The business had revenue of $3.89 billion for the quarter, compared to analysts’ expectations of $3.83 billion. During the same period in the prior year, the firm earned $2.96 earnings per share. Builders FirstSource’s revenue was up .2% compared to the same quarter last year. As a group, equities analysts expect that Builders FirstSource, Inc. will post 12.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BLDR. Truist Financial dropped their price target on shares of Builders FirstSource from $190.00 to $180.00 and set a “hold” rating for the company in a research report on Wednesday, May 8th. StockNews.com raised shares of Builders FirstSource from a “hold” rating to a “buy” rating in a research report on Thursday, June 27th. DA Davidson reissued a “neutral” rating and issued a $185.00 price target on shares of Builders FirstSource in a research report on Thursday, March 28th. Bank of America dropped their price target on shares of Builders FirstSource from $195.00 to $183.00 and set a “buy” rating for the company in a research report on Thursday, June 6th. Finally, Barclays dropped their price target on shares of Builders FirstSource from $240.00 to $200.00 and set an “overweight” rating for the company in a research report on Wednesday, May 8th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $192.47.

Builders FirstSource Profile

Builders FirstSource, Inc, together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name.