Builders FirstSource, Inc's (NYSE:BLDR) activities have been causing significant ripples in the investment market recently. There have been noteworthy changes in the stock ownership with major investment funds and entities adjusting their stakes. The
Teachers Retirement System of The State of Kentucky, Capital World Investors, Anomaly Capital Management LP, Marshall Wace LLP, and Ontario Teachers Pension Plan Board have sold their shares while
Mariner LLC, Commerce Bank, Barclays PLC, and Canada Pension Plan Investment Board increased their stake significantly. Investment entities like
Voya Investment Management LLC, Raymond James Financial Inc, Gabelli Funds LLC, and Renaissance Technologies LLC have invested millions in BLDR.
Analysts' consensus target price is around
$186.84. There are also market concerns about
BLDR's Q4 revenue which fell short of estimates. However, their acquisition of
Alpine Lumber and Wyoming Millwork indicates a strategic expansion, possibly indicating a positive outlook for 2025. CEO and CFO transitions have been announced as part of their future planning, hinting towards potential changes in the company's strategic outlook.
Builders Firstsource BLDR News Analytics from Thu, 22 Aug 2024 07:00:00 GMT to Sat, 26 Apr 2025 23:53:29 GMT -
