medium
Sell
2,889 shares
$515,051
Significance
4/10
CFO Beckmann Pete sold 2,889 shares of BLDR at $178.28 for $515,050.92; stock down 8.3% in 30 days
Beckmann Pete, EVP & CFO, sold 2,889 shares of Builders FirstSource at $178.28 on 2024-11-15, reducing holdings by 7.0% to 38,598 shares. The sale occurred as the stock has declined 8.3% over the prior 30 days and sits 15.3% below its 52-week high of $211.12. While the company maintains solid fundamentals with a P/E of 16.62 and market cap of $20.6B, annual revenue has contracted 24.8% year-over-year, signaling material headwinds in the business environment. This sale by a senior financial officer warrants monitoring against the backdrop of negative near-term momentum and deteriorating year-over-year growth.