Builders Firstsource, Inc. (BLDR) Files Form 4 Insider Selling : M Chad Crow Sells 39,467 Shares

Builders Firstsource, Inc. (BLDR): M Chad Crow , President, COO, and CFO of Builders Firstsource, Inc. sold 39,467 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $11.22 per share for a total value of $442,819.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 9, 2015, Morris E Tolly (Sr Vice President-Operations) sold 63,000 shares at $13.07 per share price.On Dec 4, 2015, Floyd F Sherman (Chief Executive Officer) sold 75,000 shares at $13.42 per share price.Also, On Dec 3, 2015, Donald F Mcaleenan (SVP & General Counsel) sold 150,000 shares at $13.42 per share price.On Dec 2, 2015, M Chad Crow (President, COO, and CFO) sold 150,000 shares at $13.59 per share price.

Builders FirstSource: On Tuesday, May 10, 2016 heightened volatility was witnessed in Builders FirstSource which led to swings in the share price. The shares opened for trading at $11.16 and hit $11.39 on the upside , eventually ending the session at $11.36, with a gain of 2.16% or 0.24 points. The heightened volatility saw the trading volume jump to 14,07,632 shares. The 52-week high of the share price is $16.69 and the company has a market cap of $1,251 M . The 52-week low of the share price is at $6.5.

Builders FirstSource Money Flow Index Chart

Company has been under the radar of several Street Analysts.Builders FirstSource is Initiated by Sun Trust Rbsn Humphrey to Buy and the brokerage firm has set the Price Target at $16. The Rating was issued on Apr 20, 2016.Builders FirstSource is Reiterated by Deutsche Bank to Buy while Lowering the Price Target of the company shares to $ 13 from a previous price target of $19 . The Rating was issued on Mar 7, 2016.

Builders FirstSource Inc. is a supplier and manufacturer of structural and related building products for residential new construction. The Company groups its building products and services into five product categories: Prefabricated Components Windows & Doors Lumber & Lumber Sheet Goods Millwork and Other Building Products & Services. The Company’s Prefabricated Components are factory-built substitutes for job-site framing. The Windows & Doors category includes the manufacturing assembly and distribution of windows and the assembly and distribution of interior and exterior door units. The Lumber & Lumber Sheet Goods category includes dimensional lumber plywood and oriented strand board (OSB) products. The Millwork category offers interior and exterior trim columns and posts as well as custom exterior features under the Synboard brand. The Other Building Products & Services category consists of various products including hardware composite materials roofing and insulation.

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