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Steven P. Raia, the President of Special Operations and Executive Advisor at TopBuild Corp (NYSE:BLD), recently sold 1,779 shares of the company’s common stock. The transaction, which took place on March 3, 2025, was executed at a price of $306.92 per share, amounting to a total value of $546,010. The sale comes as TopBuild’s stock trades near its 52-week low, with shares down approximately 27% over the past year. According to InvestingPro, the company maintains a GREAT financial health score despite recent market volatility.
Following this sale, Raia holds 9,874 shares in TopBuild Corp. The transaction reflects tax withholding and performance share achievement upon vesting. With a market capitalization of $8.6 billion, TopBuild continues to demonstrate strong fundamentals. For comprehensive insider trading analysis and 13 additional ProTips, visit InvestingPro.
In other recent news, TopBuild Corp. announced its fourth-quarter earnings for 2024, surpassing analyst estimates with an adjusted earnings per share of $5.13, compared to the consensus of $5.03. Revenue for the quarter rose by 2% year-over-year to $1.31 billion, aligning with expectations. Despite these results, TopBuild’s 2025 revenue guidance fell short of Wall Street projections, with the company forecasting full-year revenue between $5.05 billion and $5.35 billion, below the $5.465 billion consensus. The company also anticipates adjusted EBITDA between $925 million and $1.075 billion for the year.
In acquisition news, TopBuild plans to acquire Seal-Rite Insulation, a Nebraska-based company with $15 million in annual revenue, expected to close in the second quarter of 2025. This acquisition aligns with TopBuild’s strategic growth objectives and aims to enhance its service offerings in the Midwest. Analyst firms have made adjustments to their outlooks on TopBuild, with Benchmark reducing its price target to $375 from $445 while maintaining a Buy rating, and Truist Securities cutting its target to $310 from $395, retaining a Hold rating. These revisions reflect concerns over TopBuild’s mixed performance and uncertain market conditions, despite the company’s strong recent financial results.
Additionally, TopBuild’s Specialty Distribution segment saw growth, while the Installation segment remained flat. The company completed eight acquisitions in 2024, contributing to record sales of $5.33 billion, a 2.6% increase from 2023. Looking forward, TopBuild expects continued volatility in the residential new construction market throughout 2025 and has authorized a new $1 billion share repurchase program.
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