Builders Firstsource Inc. (BLDR) saw an increased interest from various financial entities.
Lodge Hill Capital LLC and
Renaissance Technologies LLC raised and made new investments respectively, and the former currently holds a new $9.95 million investment.
Bank of Montreal and
Raymond James Financial Inc. have also taken large stock positions. However, other entities including
Legal & General Group Plc,
Franklin Resources Inc., and
Cerity Partners LLC decreased their shares. BLDR missed its Q4 revenue estimates, causing a dip in the stock price. The company recently reported its fourth-quarter and full-year results for 2024, providing a financial outlook for 2025. Furthermore, BLDR has announced the definitive agreement to acquire
Alpine Lumber. This mixed bag of events has resulted in oscillations in BLDR's stock performance. Pessimistic forecasts have been issued, lowering the price target amid challenges. Despite this, many Wall Street analysts see BLDR as a buy and believe in its upside potential. Potential investors are advised to remain vigilant of the volatile situation.
Builders Firstsource BLDR News Analytics from Tue, 27 Aug 2024 07:00:00 GMT to Sat, 19 Apr 2025 10:43:46 GMT -
Rating 0
- Innovation 3
- Information 5
- Rumor -2
