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.
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.
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.
