Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Builders Firstsource Inc shares valued at $2,534,760 were sold by Rush David E on Feb 27 ’25. At $140.82 per share, Rush David E sold 18,000 shares. The insider’s holdings dropped to 123,331 shares worth approximately $16.56 million following the completion of this transaction.
Also, Rush David E purchased 18,000 shares, netting a total of over 2,534,720 in proceeds.
Before that, Beckmann Pete had sold 2,889 shares from its account. In a trade valued at $515,051, the EVP & CFO traded Builders Firstsource Inc shares for $178.28 each. Upon closing the transaction, the insider’s holdings decreased to 2,889 shares, worth approximately $5.18 million.
As published in their initiating research note from Raymond James on January 17, 2025, Builders Firstsource Inc [BLDR] has been an Outperform and the price target has been revised to $180. As of October 25, 2024, UBS has initiated its “Buy” rating for BLDR. Earlier on October 10, 2024, Goldman initiated its rating. Their recommendation was “a Buy” for BLDR stock.
Analyzing BLDR Stock Performance
During the last five days, there has been a drop of approximately -3.51%. Over the course of the year, Builders Firstsource Inc shares have dropped approximately -6.06%. Shares of the company reached a 52-week high of $175.12 on 01/27/25 and a 52-week low of $127.45 on 03/04/25. A 50-day SMA is recorded $151.41, while a 200-day SMA reached $164.45.
Support And Resistance Levels for Builders Firstsource Inc (BLDR)
According to the 24-hour chart, there is a support level at 132.37, which, if violated, would cause prices to drop to 130.48. In the upper region, resistance lies at 135.47. The next price resistance is at 136.68. RSI (Relative Strength Index) is 33.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.30, which suggests the price will decrease in the coming days. Percent R is at 77.65%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
