IBP Installed Building Products, Inc. Insider Trading

IBP CFO Miller buys 990 shares across 10 transactions for $198,609.79; stock down 27.3% in 90 days.

Michael Thomas Miller, Executive VP & CFO of Installed Building Products, filed 10 separate open-market purchases totaling 990 shares for $198,609.79 on 2026-06-11, with a blended average price of $200.62. His post-transaction holdings increased to 34,209 shares (+3.0% vs pre-transaction). The timing context is notable: IBP's stock has declined 27.3% over the 90-day period and remains 40.7% below its 52-week high of $349.00, though it has risen 0.4% over the past 30 days. Miller's prior trades at IBP show a consistent pattern of adverse near-term outcomes: five prior buy transactions on 2026-05-11 each posted negative 30-day returns ranging from -4.6% to -10.2%, with none yet measurable at the 90-day horizon. His cross-ticker track record demonstrates a 100% 90-day win rate on buys with an average 90-day return of +61.6%, but this ticker-specific pattern diverges sharply from his broader history, warranting scrutiny of whether his conviction in IBP shares will reverse the recent underperformance or reflect prior timing challenges at this security.

Director Hilsheimer buys $98k in IBP shares as stock trades 40% below 52-week high; 34th open-market purchase in 3 years.

Director Lawrence Hilsheimer is adding to his stake in Installed Building Products at a meaningful discount to recent highs, purchasing nearly $98k worth of shares on the open market. His buying history is strong: over the past three years he has made 34 open-market purchases versus only 11 sales, and his prior buys have historically generated solid mid-term returns. The company itself remains solidly profitable with consistent revenue and earnings, though the stock has pulled back sharply over recent months and now trades well below its 52-week high. Hilsheimer's continued accumulation at lower prices, combined with his demonstrated track record of well-timed purchases, suggests he views current levels as attractive for adding exposure to a fundamentally sound business.

Chief Admin Officer Jason Niswonger purchases 455 shares as stock trades sharply below 52-week high; first open-market buy after prior sales.

Jason Niswonger, Chief Administrative & Sustainability Officer at Installed Building Products, has made his first open-market purchase in three years, buying 455 shares while the stock trades sharply below its 52-week high following a steep recent decline. This shift from his prior pattern of sales marks a notable regime change—the insider has sold shares twice previously, and both of those exits proved well-timed as the stock fell in the months that followed. The company itself remains on solid fundamental footing: it is profitable with growing revenues, though the stock's sharp pullback has created the backdrop for this purchase. Niswonger's willingness to step in as a buyer after a substantial decline—rather than continuing to reduce his position—combined with his prior track record of selling at opportune moments, suggests he is returning to accumulate at a lower entry point rather than simply diversifying away from the company.

CFO Miller purchases 2,400 shares across 14 trades as stock trades well below 52-week highs; profitable company with modest growth.

Michael Thomas Miller, the company's Executive Vice President and CFO, executed a substantial open-market accumulation of over 2,400 shares on a single day, doing so across 14 separate purchases at progressively higher prices. This aggressive accumulation is his most significant buying activity in the 36-month window and comes while the stock trades considerably below its 52-week high, suggesting the CFO is willing to build his position during a period of weakness. His prior buy activity at this ticker has been well-timed over a longer horizon—every previous open-market purchase saw the stock appreciate meaningfully in the following quarter—though near-term outcomes have not favored his timing, with shares declining in the month after each prior purchase. The company remains profitable with modest revenue growth, and the broader buying window includes at least two other insiders acquiring shares within the same two-week period, though the CFO's individual contribution represents the bulk of that activity.

COO Brad Wheeler buys 716 shares as stock trades well below 52-week highs; first open-market purchase after prior sales signals potential regime shift.

Brad Wheeler, Installed Building Products' Chief Operating Officer, made his first open-market share purchase in the 36-month window—acquiring 716 shares while the stock trades significantly below its 52-week high and down sharply over the past quarter. This represents a notable shift in posture, as his prior activity consisted of two open-market sales; the most recent sale in late 2025 proved well-timed, as the stock declined in the months that followed. The company remains solidly profitable with stable revenue growth, providing a fundamentally sound backdrop for the purchase. Most notably, this buy occurs within a 14-day window in which three other company insiders also purchased shares, suggesting multiple executives saw value at current levels despite the stock's extended pullback from highs.

IBP CEO Edwards sold 400,000 shares ($125.6M) on 2026-03-03; holds 1.73M post-sale. 5-of-5 prior IBP sales preceded 90-day declines.

CEO Jeffrey W. Edwards executed a substantial sale of 400,000 shares at $314.06, representing an 18.8% reduction in his 2.13M-share position. This transaction is material in scale ($125.6M in value) and occurs at a price near the 52-week high of $344.19. Notably, Edwards' prior trading history at IBP shows a pronounced pattern: all 5 previous sales since March 2024 were followed by negative 90-day returns ranging from -10.4% to -11.8%, with a 100% well-timed rate at the 90-day mark. His cross-ticker track record similarly demonstrates a 100% well-timed rate across 14 prior sales. With the stock trading at $327.97 (near that high) and post-transaction holdings of 1.73M shares retained, the timing pattern in his IBP history merits investor attention—the consistency of prior sales preceding subsequent declines establishes a testable signal for monitoring the subsequent 90-day period.

IBP President of External Affairs sells 5,000 shares ($1.3M) at $251.63; retains 33.0K shares post-sale.

William Jeffrey, President of External Affairs at Installed Building Products, executed two separate sales totaling 5,000 shares for $1,258,143.00 on 2025-11-07, reducing his holding from 38.0K to 33.0K shares (-13.2%). The sales occurred at a blended average price of $251.63, while the stock now trades at $257.52 (within 7.8% of its 52-week high of $279.47). Examining his same-ticker trade history at IBP reveals mixed timing outcomes: his 2023-12-11 sell saw the stock rise 44.5% over 90 days (poorly timed), while his two August 2025 sells showed minimal 30-day moves (+0.7%, +0.9%), with 90-day outcomes not yet measurable. His cross-ticker track record shows 3 prior sells with an average 90-day return of +44.5% and a well-timed rate of 0.00%, indicating his historical sell decisions have preceded equity appreciation rather than decline. The company fundamentals remain solid: $778.2M latest-quarter revenue, $74.4M net income, 5.9% annual revenue growth, and a P/E of 27.31.

COO Brad A Wheeler sold 3,186 shares of IBP at $275.29 (near 52-week high of $276.88), retaining 8,736 shares post-sale

Brad A Wheeler, Chief Operating Officer, sold 3,186 shares at $275.29, which is -2.8% from the 52-week high of $276.88, during a period of significant price appreciation (90-day change of +68.2%). Post-transaction, he retains 8,736 shares. The sale occurred near the top of the recent trading range and represents a reduction of 26.7% from his pre-transaction holding of 11,922 shares. Without context on whether this transaction is scheduled under a 10b5-1 plan or discretionary, the timing relative to elevated valuation (P/E of 29.41) and recent momentum warrants investor attention to any SEC Form 4 filings or company disclosures that clarify the sale's nature.

IBP President of External Affairs sells 6,500 shares for $1.7M at $265.71 avg; holds 38.0K shares post-sale

William Jeffrey, President of External Affairs at IBP, executed 2 separate sales totaling 6,500 shares for $1,727,116.48 on 2025-08-14. The blended average transaction price was $265.71, slightly below the current price of $267.21. The sale reduced his holdings by 14.6% from 44,499 to 37,999 shares, representing a material reduction in his direct stake. His prior sell at IBP (2023-12-11) generated a positive 90-day return of +44.5%, indicating that sale preceded a period of stock appreciation rather than decline; his cross-ticker track record shows 0 of 1 prior sells well-timed at the 90-day mark. The stock has appreciated +39.8% in the 30-day period and +60.6% in the 90-day period preceding this filing.

CFO Michael Thomas Miller buys 2,750 shares across 5 transactions for $454.5K at IBP, raising holdings 11.7% to 26.3K shares.

Miller Michael Thomas, Executive VP & CFO, executed 5 separate purchases totaling 2,750 shares for $454,480.73 with a blended average price of $165.27 on 2025-05-16. The transaction occurred at prices 2.2% above the current price of $161.63 and near the midpoint of the 52-week range, below the $270.35 52-week high by 40.2%. His post-transaction holdings of 26,314 shares represent an 11.7% increase from prior holdings of 23,564 shares. His cross-ticker track record shows 7 prior open-market sells with a 90-day well-timed rate of 28.57%, while his 5 prior IBP-specific sales (all in 2023 and early 2024) were poorly timed at the 90-day mark, with 2 of 5 meeting the well-timed threshold. The contemporaneous open-market purchase during a period when the stock is -40.2% from its 52-week high and showing a 90-day decline of -7.1% provides context for evaluating his incremental confidence in the name relative to recent transaction history.