Builders FirstSource (BLDR) received mixed reports. Several times, the organization
surpassed Q2 earnings expectations and
revenues, leading to a boost in its holdings and a positive outlook from organizations like Jefferies Financial Group and Baird. However,
insider selling was noticed, and there was a dip in BLDR's shares following a Q2 earnings miss. Short interest in the company dropped, often a bullish sign. Shares were
bought by groups such as Assenagon Asset Management, Cwm LLC, and Janus Henderson Group. On the flip side, SG Americas Securities and Diversified Trust Co
sold shares. Mixed responses to the organization came from
Wall Street analysts, rating it as both a 'Buy' now and a 'Great Short'. Given the balance between positive and negative factors, future performance might depend on careful market analysis and management actions.
Builders Firstsource BLDR News Analytics from Fri, 24 Nov 2023 08:00:00 GMT to Sat, 17 Aug 2024 14:31:54 GMT -
Rating 1
- Innovation 6
- Information 8
- Rumor 3
