Builders FirstSource (BLDR) Drops 1.5% on Below Average Volume

Shares of Builders FirstSource fell to $144.17 during today's afternoon trading session. Despite the -1.5% change, the large-cap Home Improvement Retail company still trades 9.1% above its average analyst target price of $132.14. So there may be further downside for the Home Improvement Retail stock. Builders FirstSource has target prices ranging from $96.0 to $175.0 per share, and its average rating is buy.

Builders FirstSource's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.7%. The stock's short ratio is 1.31. The company's insiders own 1.9% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 103.9%. In conclusion, we believe there is positive market sentiment regarding Builders FirstSource.

Institutions Invested in Builders FirstSource

Date Reported Holder Percentage Shares Value
2023-03-31 Vanguard Group Inc 11% 14,500,378 $2,090,519,469
2023-03-31 Blackrock Inc. 11% 13,710,387 $1,976,626,468
2023-03-31 Wellington Management Group, LLP 10% 13,193,261 $1,902,072,414
2023-03-31 FMR, LLC 8% 10,469,993 $1,509,458,871
2023-03-31 State Street Corporation 4% 4,552,723 $656,366,066
2023-03-31 Dimensional Fund Advisors LP 3% 4,376,602 $630,974,702
2023-03-31 William Blair Investment Management, LLC 3% 4,118,744 $593,799,314
2023-03-31 Geode Capital Management, LLC 2% 2,138,839 $308,356,414
2023-06-30 Pacer Advisors, Inc. 2% 1,945,834 $280,530,884
2023-03-31 Assetmark, Inc. 1% 1,626,645 $234,513,406
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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