Builders Firstsource Inc’s filing revealed that its EVP & CFO Beckmann Pete unloaded Company’s shares for reported $0.52 million on Nov 15 ’24. In the deal valued at $178.28 per share,2,889 shares were sold. As a result of this transaction, Beckmann Pete now holds 38,598 shares worth roughly $6.03 million.
Then, Beckmann Jami bought 2,889 shares, generating $515,064 in total proceeds.
Before that, CHRISTOPHE CLEVELAND A sold 10,000 shares. Builders Firstsource Inc shares valued at $1,784,100 were divested by the Director at a price of $178.41 per share. As a result of the transaction, CHRISTOPHE CLEVELAND A now holds 33,083 shares, worth roughly $5.17 million.
Raymond James initiated its Builders Firstsource Inc [BLDR] rating to an Outperform in a research note published on January 17, 2025; the price target was $180. UBS began covering BLDR with “Buy” recommendation on October 25, 2024. Goldman started covering the stock on October 10, 2024. It rated BLDR as “a Buy”.
Price Performance Review of BLDR
On Tuesday, Builders Firstsource Inc [NYSE:BLDR] saw its stock jump 0.28% to $156.16. Over the last five days, the stock has lost -4.45%. Builders Firstsource Inc shares have risen nearly 9.26% since the year began. Nevertheless, the stocks have fallen -15.70% over the past one year. While a 52-week high of $214.70 was reached on 01/27/25, a 52-week low of $130.75 was recorded on 01/10/25. SMA at 50 days reached $161.02, while 200 days put it at $167.37.
Levels Of Support And Resistance For BLDR Stock
The 24-hour chart illustrates a support level at 154.28, which if violated will result in even more drops to 152.41. On the upside, there is a resistance level at 158.52. A further resistance level may holdings at 160.88. The Relative Strength Index (RSI) on the 14-day chart is 43.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.18%. Stochastics %K at 11.87% indicates the stock is a buying.
How much short interest is there in Builders Firstsource Inc?
A steep rise in short interest was recorded in Builders Firstsource Inc stocks on 2025-01-31, growing by 0.87 million shares to a total of 4.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 3.16 million shares. There was a rise of 21.57%, which implies that there is a positive sentiment for the stock.
