BMC Stock Holdings, Inc. (BMCH) Insider Michael Alan Farmer Sells 2,000 Shares

BMC Stock Holdings, Inc. (NASDAQ:BMCH) insider Michael Alan Farmer sold 2,000 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $22.20, for a total transaction of $44,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of BMC Stock Holdings, Inc. (NASDAQ:BMCH) opened at $22.50 on Tuesday. BMC Stock Holdings, Inc. has a one year low of $17.45 and a one year high of $23.90. The company has a market cap of $1,515.05, a P/E ratio of 23.06 and a beta of 1.49. The company has a current ratio of 2.29, a quick ratio of 1.38 and a debt-to-equity ratio of 0.57.

BMC Stock Holdings (NASDAQ:BMCH) last released its quarterly earnings data on Monday, November 6th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). The company had revenue of $881.01 million for the quarter, compared to the consensus estimate of $888.09 million. BMC Stock Holdings had a net margin of 1.53% and a return on equity of 9.42%. The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.32 EPS. equities analysts forecast that BMC Stock Holdings, Inc. will post 0.98 earnings per share for the current year.

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Several equities analysts have recently weighed in on BMCH shares. Robert W. Baird reiterated a “buy” rating and issued a $23.00 price objective on shares of BMC Stock Holdings in a research note on Sunday, September 10th. Royal Bank Of Canada restated a “buy” rating and set a $24.00 target price on shares of BMC Stock Holdings in a research note on Tuesday, July 18th. FBR & Co decreased their target price on shares of BMC Stock Holdings from $26.00 to $22.00 and set a “buy” rating on the stock in a research note on Tuesday, August 22nd. Barclays PLC decreased their target price on shares of BMC Stock Holdings from $24.00 to $22.00 and set an “overweight” rating on the stock in a research note on Friday, August 4th. Finally, B. Riley restated a “buy” rating and set a $25.00 target price (up previously from $22.00) on shares of BMC Stock Holdings in a research note on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $23.83.

Several institutional investors have recently added to or reduced their stakes in the company. Highlander Capital Management LLC raised its position in shares of BMC Stock Holdings by 2.2% during the second quarter. Highlander Capital Management LLC now owns 22,800 shares of the company’s stock valued at $504,000 after buying an additional 500 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in shares of BMC Stock Holdings by 20.8% during the second quarter. Ameritas Investment Partners Inc. now owns 5,748 shares of the company’s stock valued at $126,000 after buying an additional 989 shares during the last quarter. Legal & General Group Plc raised its position in shares of BMC Stock Holdings by 15.5% during the second quarter. Legal & General Group Plc now owns 15,739 shares of the company’s stock valued at $344,000 after buying an additional 2,108 shares during the last quarter. SG Americas Securities LLC raised its position in shares of BMC Stock Holdings by 15.8% during the third quarter. SG Americas Securities LLC now owns 22,153 shares of the company’s stock valued at $473,000 after buying an additional 3,027 shares during the last quarter. Finally, American International Group Inc. raised its position in shares of BMC Stock Holdings by 8.1% during the third quarter. American International Group Inc. now owns 43,908 shares of the company’s stock valued at $937,000 after buying an additional 3,283 shares during the last quarter.

BMC Stock Holdings Company Profile

BMC Stock Holdings, Inc is a provider of building products and services in the United States residential construction market. The Company’s segments include Mid-Atlantic, Southeast, Texas, Intermountain, Western and Mountain West divisions. Its product offerings include lumber and lumber sheet goods and an array of products, including millwork, doors, windows, structural components, floor and roof trusses and wall panels.

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

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