Builders FirstSource, Inc. (BLDR) stocks are garnering interest in the market and several institutions have made recent purchases including Massachusetts Financial Services Co. MA, Landscape Capital Management L.L.C, and Banco Santander S.A. Despite market dips and missed expectations in Q3 2024 earnings, the company saw better-than-expected results in Q4 and guided for 2024 revenue growth. However, the company's CFO sold shares worth $515,050 leading to mixed sentiments. Significant acquisitions in shares were observed by companies like Icon Wealth Advisors LLC, Commerce Bank, Pacer Advisors Inc, and Intech Investment Management LLC among others. Despite a market slip, BLDR's stocks have increased. Builders FirstSource announced planned transitions for CEO and CFO positions. The company's Q3 2024 earnings call highlighted strategies to navigate market challenges. They have made significant investments in Texas and continues to expand. The company has authorized a $1 billion share repurchase plan and named new CEOs and CFOs, but faced challenges in housing market and displayed cautious approach due to it. Those who invested in BLDR five years ago have seen major gains.
Builders Firstsource BLDR News Analytics from Tue, 04 Jun 2024 07:00:00 GMT to Sat, 23 Nov 2024 13:05:10 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -3
