Alamea Verwaltungs GmbH Makes New $383,000 Investment in TopBuild Corp. $BLD

Key Points

• Alamea Verwaltungs GmbH has acquired a new position in TopBuild Corp. (NYSE:BLD), purchasing 1,257 shares valued at approximately $383,000 in the first quarter.
• TopBuild reported a net revenue of $1.30 billion for the last quarter and beat the consensus EPS estimate of $5.07 by $0.24, though revenue was down 5% compared to the same quarter last year.
• Insider transactions indicate CEO Robert M. Buck and CFO Robert M. Kuhns sold significant shares, totaling approximately $3.64 million, representing an 8.64% to 9.12% decrease in their ownership.

Alamea Verwaltungs GmbH bought a new stake in TopBuild Corp. (NYSE:BLD - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,257 shares of the construction company's stock, valued at approximately $383,000.

Other large investors have also recently bought and sold shares of the company. QRG Capital Management Inc. increased its stake in TopBuild by 3.8% in the first quarter. QRG Capital Management Inc. now owns 1,311 shares of the construction company's stock valued at $400,000 after purchasing an additional 48 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of TopBuild by 3.3% during the fourth quarter. The Manufacturers Life Insurance Company now owns 19,887 shares of the construction company's stock worth $6,192,000 after acquiring an additional 637 shares in the last quarter. Algert Global LLC increased its position in shares of TopBuild by 69.7% during the fourth quarter. Algert Global LLC now owns 7,031 shares of the construction company's stock worth $2,189,000 after acquiring an additional 2,887 shares in the last quarter. Tribune Investment Group LP bought a new stake in shares of TopBuild during the first quarter worth $7,319,000. Finally, Two Sigma Investments LP increased its position in shares of TopBuild by 192.7% during the fourth quarter. Two Sigma Investments LP now owns 17,367 shares of the construction company's stock worth $5,407,000 after acquiring an additional 11,434 shares in the last quarter. Institutional investors own 95.67% of the company's stock.

Insider Activity at TopBuild

In other news, insider Jeff M. Krestancic sold 373 shares of the firm's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $415.00, for a total transaction of $154,795.00. Following the completion of the sale, the insider owned 4,934 shares in the company, valued at approximately $2,047,610. This trade represents a 7.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Luis Francisco Machado sold 990 shares of the firm's stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $415.02, for a total transaction of $410,869.80. Following the sale, the vice president owned 10,349 shares of the company's stock, valued at approximately $4,295,041.98. This represents a 8.73% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,663 shares of company stock worth $5,709,488. 0.43% of the stock is owned by corporate insiders.

TopBuild Stock Performance

Shares of NYSE BLD traded down $0.64 during mid-day trading on Wednesday, reaching $416.88. 286,219 shares of the company were exchanged, compared to its average volume of 367,408. The company's 50-day simple moving average is $389.52 and its 200-day simple moving average is $329.96. The company has a quick ratio of 2.29, a current ratio of 2.83 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $11.73 billion, a P/E ratio of 20.53, a P/E/G ratio of 5.63 and a beta of 1.61. TopBuild Corp. has a twelve month low of $266.26 and a twelve month high of $445.74.

TopBuild (NYSE:BLD - Get Free Report) last posted its earnings results on Tuesday, August 5th. The construction company reported $5.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.07 by $0.24. The company had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.30 billion. TopBuild had a net margin of 11.40% and a return on equity of 28.32%. TopBuild's quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter last year, the company posted $5.42 EPS. TopBuild has set its FY 2025 guidance at EPS. As a group, research analysts predict that TopBuild Corp. will post 20.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BLD has been the subject of several recent research reports. Seaport Res Ptn upgraded shares of TopBuild from a "hold" rating to a "strong-buy" rating in a report on Wednesday, August 6th. Evercore ISI increased their target price on shares of TopBuild from $347.00 to $418.00 and gave the stock an "in-line" rating in a report on Wednesday, August 6th. DA Davidson reduced their target price on shares of TopBuild from $435.00 to $395.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Stephens reduced their target price on shares of TopBuild from $340.00 to $320.00 and set an "equal weight" rating for the company in a report on Thursday, May 8th. Finally, JPMorgan Chase & Co. increased their target price on shares of TopBuild from $344.00 to $398.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $394.67.

TopBuild Profile

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.