TopBuild Corp (NYSE:BLD) director Tina Donikowski recently sold 640 shares of the company's common stock at a price of $436.11 per share, according to the latest filings with the Securities and Exchange Commission. The transaction, which took place on May 15, 2024, resulted in a total value of $279,110.
The sale by Donikowski reduces her holding in the Daytona Beach, Florida-based insulation and building material company to 4,100 shares. The recent transaction reflects a typical activity where company insiders engage in the buying and selling of shares.
TopBuild Corp, which operates in the construction special trade contractors industry, has seen its stock perform in the market, with the latest transactions by its directors often watched closely by investors for insights into the company's performance and the confidence insiders have in the business's prospects.
Investors and market watchers typically monitor such sales to gauge insider sentiment on the stock's valuation and future prospects. Following the transaction, Donikowski's remaining stake in the company represents her continued investment in TopBuild's future.
The filing, signed by Luis F. Machado, Attorney-in-Fact, on May 16, 2024, provides transparency into the dealings of company executives and is a routine disclosure required by the SEC for public company insiders.
Shares of TopBuild Corp are publicly traded on the New York Stock Exchange, and the company has a strong presence in the construction industry, offering a range of services and products related to building and construction.
For those interested in the company's insider transactions, details are regularly filed and can be accessed through the SEC's EDGAR database. These filings provide important information for investors considering a stake in TopBuild Corp or those currently holding shares.
InvestingPro Insights
TopBuild Corp (NYSE:BLD) has been a subject of interest for investors, not only due to insider transactions but also because of its financial performance and market valuation. According to InvestingPro data, TopBuild boasts a market capitalization of approximately $12.84 billion USD. The company's Price-to-Earnings (P/E) ratio stands at 20.61, reflecting investor sentiment about its earnings potential. Moreover, the Price-to-Book ratio as of the last twelve months ending Q1 2024 is 4.75, indicating that the stock might be trading at a premium compared to its book value.
From a growth perspective, TopBuild has demonstrated a steady revenue increase, with a growth of 2.02% over the last twelve months as of Q1 2024. This consistent performance is a positive sign for investors looking for stability and gradual growth in their investments. Additionally, the company's gross profit margin sits at a healthy 31.12%, showcasing its ability to maintain profitability.
An InvestingPro Tip highlights that TopBuild has experienced a significant price uptick over the last six months, with a total return of 47.71%. This robust performance is further underscored by a one-year price total return of 103.86%, suggesting strong market confidence in the company's trajectory. Moreover, seven analysts have revised their earnings upwards for the upcoming period, which could signal further optimism regarding TopBuild's financial future.
For investors seeking more in-depth analysis and additional InvestingPro Tips, there are currently 12 more tips available on InvestingPro. These tips could provide valuable insights for making informed decisions about investing in TopBuild Corp. Remember to use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, unlocking even more expert financial data and analysis.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.