Builders FirstSource, Inc. has been gaining significant attention in the stock market recently, as evident from several developments and transactions. Rockbridge Capital Management, Occudo Quantitative Strategies and Bridgefront Capital among others, invested in
Builders FirstSource by purchasing shares, demonstrating increased interest in the company's potential. While
Bank of America Corp DE, Investment Management Corp of Ontario, Axa S.A. and Fred Alger Management LLC decreased their positions in the company. Notably an insider,
Paul Levy, has acquired 500,000 shares thereby boosting confidence in the organization. The company has also performed well in
Q1 2025, with results in line with expectations. A few price target adjustments were made by multiple analysts based on the current state of the housing market. The company has also announced a definitive agreement to acquire
Alpine Lumber and has completed offering of
$750 Million senior notes due 2035. Despite facing certain challenges, Builders FirstSource remains optimistic about its financial performance for FY25.
Builders Firstsource BLDR News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sat, 17 May 2025 11:55:14 GMT -
Rating -1
- Innovation -2
- Information 9
- Rumor -3
