Builders FirstSource, Inc. (NYSE:BLDR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its position in Builders FirstSource, Inc. (NYSE:BLDR - Free Report) by 58.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,182 shares of the company's stock after selling 34,715 shares during the period. Yousif Capital Management LLC's holdings in Builders FirstSource were worth $4,204,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BLDR. DekaBank Deutsche Girozentrale raised its position in Builders FirstSource by 18.5% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 58,353 shares of the company's stock valued at $9,515,000 after purchasing an additional 9,122 shares during the period. FCF Advisors LLC grew its stake in Builders FirstSource by 81.9% in the fourth quarter. FCF Advisors LLC now owns 21,038 shares of the company's stock worth $3,512,000 after purchasing an additional 9,470 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in Builders FirstSource by 13.3% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 52,312 shares of the company's stock worth $6,512,000 after purchasing an additional 6,155 shares in the last quarter. Vanguard Group Inc. grew its stake in Builders FirstSource by 0.8% in the third quarter. Vanguard Group Inc. now owns 12,682,752 shares of the company's stock worth $1,578,876,000 after purchasing an additional 96,638 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in Builders FirstSource by 53.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 94,505 shares of the company's stock worth $15,777,000 after purchasing an additional 32,819 shares in the last quarter. Institutional investors and hedge funds own 95.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Royal Bank of Canada lifted their target price on Builders FirstSource from $186.00 to $211.00 and gave the company an "outperform" rating in a research note on Friday, February 23rd. Truist Financial lifted their price target on Builders FirstSource from $185.00 to $190.00 and gave the company a "hold" rating in a report on Friday, February 23rd. Oppenheimer lifted their price target on Builders FirstSource from $220.00 to $242.00 and gave the company an "outperform" rating in a report on Friday, February 23rd. StockNews.com raised Builders FirstSource from a "hold" rating to a "buy" rating in a report on Wednesday, February 21st. Finally, Barclays lifted their price target on Builders FirstSource from $235.00 to $240.00 and gave the company an "overweight" rating in a report on Thursday, April 4th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, Builders FirstSource has an average rating of "Moderate Buy" and a consensus price target of $190.06.

Insiders Place Their Bets

In related news, Director Cory Jacobs Boydston sold 7,759 shares of Builders FirstSource 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 completion of the sale, the director now owns 28,738 shares of the company's stock, valued at approximately $5,747,600. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company's stock.

Builders FirstSource Price Performance

Builders FirstSource stock traded up $2.40 during mid-day trading on Friday, hitting $187.66. The company's stock had a trading volume of 826,159 shares, compared to its average volume of 1,181,218. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $22.88 billion, a P/E ratio of 15.65, a P/E/G ratio of 1.15 and a beta of 2.04. Builders FirstSource, Inc. has a twelve month low of $90.35 and a twelve month high of $214.70. The stock's fifty day moving average price is $195.26 and its two-hundred day moving average price is $165.06.

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

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.