TopBuild Corp (NYSE:BLD) insider Robert M. Buck sold 5,877 shares of TopBuild stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $81.31, for a total value of $477,858.87. Following the completion of the transaction, the insider now owns 51,911 shares of the company’s stock, valued at approximately $4,220,883.41. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of TopBuild stock opened at $86.34 on Thursday. The company has a market capitalization of $2.91 billion, a PE ratio of 20.61, a P/E/G ratio of 0.62 and a beta of 1.11. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.56 and a quick ratio of 1.20. TopBuild Corp has a one year low of $41.27 and a one year high of $87.21.

TopBuild (NYSE:BLD) last announced its earnings results on Tuesday, May 7th. The construction company reported $1.06 EPS for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.24. TopBuild had a return on equity of 14.81% and a net margin of 5.83%. The firm had revenue of $619.30 million during the quarter, compared to analysts’ expectations of $599.06 million. During the same quarter in the previous year, the business earned $0.73 EPS. The company’s quarterly revenue was up 26.0% on a year-over-year basis. As a group, research analysts forecast that TopBuild Corp will post 4.89 earnings per share for the current year.

Several hedge funds have recently modified their holdings of BLD. Westfield Capital Management Co. LP bought a new stake in shares of TopBuild during the 1st quarter worth approximately $35,170,000. Norges Bank bought a new stake in shares of TopBuild during the 4th quarter worth approximately $20,513,000. Wellington Management Group LLP lifted its stake in shares of TopBuild by 19.0% during the 1st quarter. Wellington Management Group LLP now owns 2,116,811 shares of the construction company’s stock worth $137,212,000 after acquiring an additional 337,714 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its stake in shares of TopBuild by 109.7% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 610,368 shares of the construction company’s stock worth $27,467,000 after acquiring an additional 319,342 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of TopBuild by 23.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 839,345 shares of the construction company’s stock worth $54,406,000 after acquiring an additional 157,189 shares during the last quarter. 95.00% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have recently commented on BLD. ValuEngine upgraded TopBuild from a “hold” rating to a “buy” rating in a report on Wednesday. SunTrust Banks lifted their target price on TopBuild to $72.00 and gave the stock a “hold” rating in a report on Wednesday, May 8th. Nomura lifted their target price on TopBuild from $71.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, May 8th. Buckingham Research lifted their target price on TopBuild from $74.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, May 8th. Finally, Zacks Investment Research upgraded TopBuild from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a report on Tuesday, April 30th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. TopBuild currently has an average rating of “Buy” and a consensus target price of $82.09.

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TopBuild Company Profile

TopBuild Corp. engages in the installation, distribution, and sale of insulation and other building products to the United States construction industry. The company operates in two segments, Installation and Distribution. It offers rain gutters, garage doors, fireplaces, fireproofing and firestopping products, shower enclosures, closet shelves, accessories, and other building products; and residential insulation services.

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