Insider Selling: BMC Stock Holdings Inc (BMCH) Insider Sells 22,509 Shares of Stock

BMC Stock Holdings Inc (NASDAQ:BMCH) insider Peter Alexander sold 22,509 shares of BMC Stock Holdings stock in a transaction on Thursday, March 23rd. The stock was sold at an average price of $23.01, for a total value of $517,932.09. Following the sale, the insider now directly owns 100,691 shares of the company’s stock, valued at $2,316,899.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Peter Alexander also recently made the following trade(s):

  • On Wednesday, March 1st, Peter Alexander sold 21,744 shares of BMC Stock Holdings stock. The stock was sold at an average price of $21.00, for a total value of $456,624.00.

Shares of BMC Stock Holdings Inc (NASDAQ:BMCH) traded down 1.13% during midday trading on Monday, hitting $21.90. The company had a trading volume of 457,640 shares. BMC Stock Holdings Inc has a one year low of $15.45 and a one year high of $23.10. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 47.61 and a beta of 1.48. The stock’s 50-day moving average price is $20.98 and its 200-day moving average price is $19.00.

BMC Stock Holdings (NASDAQ:BMCH) last issued its earnings results on Wednesday, March 1st. The company reported $0.21 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.21. The firm had revenue of $747.57 million for the quarter, compared to the consensus estimate of $760.82 million. BMC Stock Holdings had a return on equity of 8.61% and a net margin of 0.46%. The company’s revenue was up 46.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 EPS. Analysts predict that BMC Stock Holdings Inc will post $1.33 EPS for the current year.

Insider Buying and Selling by Quarter for BMC Stock Holdings (NASDAQ:BMCH)

WARNING: “Insider Selling: BMC Stock Holdings Inc (BMCH) Insider Sells 22,509 Shares of Stock” was reported by Mideast Time and is the property of of Mideast Time. If you are accessing this piece on another site, it was stolen and republished in violation of United States and international copyright law. The legal version of this piece can be accessed at https://www.mideasttime.com/insider-selling-bmc-stock-holdings-inc-bmch-insider-sells-22509-shares-of-stock/1589618.html.

A number of equities research analysts recently commented on BMCH shares. Seaport Global Securities started coverage on BMC Stock Holdings in a research note on Thursday, March 16th. They set a “buy” rating and a $26.00 price objective for the company. Zacks Investment Research raised BMC Stock Holdings from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Tuesday, March 7th. FBR & Co reaffirmed an “outperform” rating and set a $26.00 price objective (up from $21.00) on shares of BMC Stock Holdings in a research note on Wednesday, March 8th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $25.00 price objective (up from $22.00) on shares of BMC Stock Holdings in a research note on Thursday, March 2nd. Finally, Barclays PLC started coverage on BMC Stock Holdings in a research note on Thursday, January 5th. They set an “overweight” rating and a $22.00 price objective for the company. Eight research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $23.53.

Several large investors have recently modified their holdings of BMCH. Vident Investment Advisory LLC acquired a new stake in shares of BMC Stock Holdings during the fourth quarter worth $362,000. Putnam Investments LLC acquired a new stake in shares of BMC Stock Holdings during the fourth quarter worth $4,224,000. Worth Venture Partners LLC acquired a new stake in shares of BMC Stock Holdings during the fourth quarter worth $246,000. Metropolitan Life Insurance Co. NY acquired a new stake in shares of BMC Stock Holdings during the fourth quarter worth $779,000. Finally, MSD Partners L.P. acquired a new stake in shares of BMC Stock Holdings during the fourth quarter worth $10,376,000. 84.98% of the stock is currently owned by hedge funds and other institutional investors.

BMC Stock Holdings Company Profile

BMC Stock Holdings, Inc, formerly Stock Building Supply Holdings, Inc, is a diversified lumber and building materials (LBM) distributor and solutions provider that sells to construction and repair and remodeling contractors. The Company’s operating segments include Mid-Atlantic, Southeast, Texas, Intermountain, West and Mountain West divisions.

5 Day Chart for NASDAQ:BMCH

Receive News & Ratings for BMC Stock Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMC Stock Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.