Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. cut its holdings in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,444 shares of the company’s stock after selling 234 shares during the period. Atria Wealth Solutions Inc.’s holdings in Builders FirstSource were worth $1,243,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Private Trust Co. NA lifted its stake in Builders FirstSource by 30.7% during the fourth quarter. Private Trust Co. NA now owns 345 shares of the company’s stock valued at $58,000 after purchasing an additional 81 shares during the last quarter. V Square Quantitative Management LLC lifted its position in shares of Builders FirstSource by 10.2% in the 3rd quarter. V Square Quantitative Management LLC now owns 915 shares of the company’s stock valued at $114,000 after acquiring an additional 85 shares in the last quarter. Mezzasalma Advisors LLC lifted its position in shares of Builders FirstSource by 0.6% in the 3rd quarter. Mezzasalma Advisors LLC now owns 14,715 shares of the company’s stock valued at $1,832,000 after acquiring an additional 90 shares in the last quarter. iA Global Asset Management Inc. lifted its position in shares of Builders FirstSource by 2.9% in the 3rd quarter. iA Global Asset Management Inc. now owns 3,391 shares of the company’s stock valued at $422,000 after acquiring an additional 97 shares in the last quarter. Finally, Financial Enhancement Group LLC lifted its position in shares of Builders FirstSource by 2.5% in the 4th quarter. Financial Enhancement Group LLC now owns 4,101 shares of the company’s stock valued at $675,000 after acquiring an additional 99 shares in the last quarter. 95.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Builders FirstSource

In related news, Director Cory Jacobs Boydston sold 7,759 shares of the firm’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $200.00, for a total value of $1,551,800.00. Following the transaction, the director now directly owns 28,738 shares in the company, valued at approximately $5,747,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.90% of the stock is currently owned by company insiders.

Builders FirstSource Stock Performance

Shares of BLDR opened at $184.35 on Thursday. The company’s fifty day moving average is $195.34 and its 200-day moving average is $166.72. Builders FirstSource, Inc. has a 12 month low of $92.13 and a 12 month high of $214.70. The firm has a market cap of $22.49 billion, a price-to-earnings ratio of 15.38, a price-to-earnings-growth ratio of 1.16 and a beta of 2.04. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 0.67.

Builders FirstSource (NYSE:BLDR) last announced its quarterly earnings results on Thursday, February 22nd. The company reported $3.55 EPS for the quarter, topping the consensus estimate of $2.70 by $0.85. Builders FirstSource had a net margin of 9.01% and a return on equity of 41.10%. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.01 billion. Equities analysts expect that Builders FirstSource, Inc. will post 13.83 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on BLDR shares. DA Davidson restated a “neutral” rating and issued a $185.00 price target on shares of Builders FirstSource in a research report on Thursday, March 28th. Oppenheimer upped their price target on shares of Builders FirstSource from $220.00 to $242.00 and gave the company an “outperform” rating in a research report on Friday, February 23rd. Barclays upped their price objective on shares of Builders FirstSource from $235.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. Truist Financial upped their price objective on shares of Builders FirstSource from $185.00 to $190.00 and gave the company a “hold” rating in a research note on Friday, February 23rd. Finally, Royal Bank of Canada upped their price objective on shares of Builders FirstSource from $186.00 to $211.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $190.06.

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.