Susan C. O’farrell Buys 3,000 Shares of BlueLinx Holdings Inc. (BXC) Stock

BlueLinx Holdings Inc. (NYSE:BXC) CFO Susan C. O’farrell purchased 3,000 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was purchased at an average price of $8.68 per share, with a total value of $26,040.00. Following the transaction, the chief financial officer now owns 22,952 shares of the company’s stock, valued at $199,223.36. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

BlueLinx Holdings Inc. (NYSE:BXC) traded up $0.14 on Thursday, hitting $9.16. The company had a trading volume of 131,081 shares, compared to its average volume of 49,927. The company has a current ratio of 2.06, a quick ratio of 1.02 and a debt-to-equity ratio of -13.52. The firm has a market capitalization of $82.25, a price-to-earnings ratio of 7.53 and a beta of 2.24. BlueLinx Holdings Inc. has a fifty-two week low of $6.36 and a fifty-two week high of $11.78.

ILLEGAL ACTIVITY NOTICE: “Susan C. O’farrell Buys 3,000 Shares of BlueLinx Holdings Inc. (BXC) Stock” was first published by Markets Daily and is owned by of Markets Daily. If you are accessing this piece on another site, it was illegally copied and republished in violation of international copyright and trademark laws. The correct version of this piece can be read at https://www.themarketsdaily.com/2017/11/16/susan-c-ofarrell-buys-3000-shares-of-bluelinx-holdings-inc-bxc-stock.html.

BXC has been the subject of a number of research analyst reports. ValuEngine cut BlueLinx Holdings from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. TheStreet upgraded BlueLinx Holdings from a “d” rating to a “c” rating in a research report on Wednesday, October 11th.

Several institutional investors and hedge funds have recently bought and sold shares of BXC. Spark Investment Management LLC boosted its stake in shares of BlueLinx Holdings by 38.7% during the second quarter. Spark Investment Management LLC now owns 16,500 shares of the construction company’s stock valued at $180,000 after acquiring an additional 4,600 shares during the last quarter. Algert Global LLC acquired a new stake in shares of BlueLinx Holdings during the second quarter valued at $364,000. Weber Alan W boosted its stake in shares of BlueLinx Holdings by 45.4% during the second quarter. Weber Alan W now owns 84,779 shares of the construction company’s stock valued at $927,000 after acquiring an additional 26,480 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of BlueLinx Holdings by 10.5% during the second quarter. Dimensional Fund Advisors LP now owns 124,984 shares of the construction company’s stock valued at $1,364,000 after acquiring an additional 11,898 shares during the last quarter. Finally, Feinberg Stephen acquired a new stake in shares of BlueLinx Holdings during the second quarter valued at $51,569,000. 74.46% of the stock is currently owned by institutional investors and hedge funds.

BlueLinx Holdings Company Profile

BlueLinx Holdings, Inc is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers.

Receive News & Ratings for BlueLinx Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlueLinx Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply