Which Institutions Own Shares In Foundation Building Materials Inc. (FBM)?

Foundation Building Materials Inc. (NYSE: FBM) is -23.15% lower on its value in year-to-date trading and has touched a low of $7.99 and a high of $22.14 in the current 52-week trading range. The FBM stock was last observed hovering at around $15.61 in the last trading session, with the day’s loss setting it -0.74%.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Currently trading at $14.87, the stock is -4.66% and 10.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing -4.74% at the moment leaves the stock -7.53% off its SMA200. FBM registered -14.54% loss for a year compared to 6-month loss of -23.15%. The firm has a 50-day simple moving average (SMA 50) of $14.55 and a 200-day simple moving average (SMA200) of $14.80.

The stock witnessed a 6.21% gain in the last 1 month and extending the period to 3 months gives it a 56.69%, and is -3.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.93% over the week and 5.74% over the month.

Foundation Building Materials Inc. (FBM) has around 3500 employees, a market worth around $677.03M and $2.16B in sales. Current P/E ratio is 12.58 and Fwd P/E is 14.31. Profit margin for the company is 2.40%. Distance from 52-week low is 86.11% and -32.84% from its 52-week high. The company has generated returns on investments over the last 12 months (8.00%).

Foundation Building Materials Inc. (FBM) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Foundation Building Materials Inc. (FBM) is a “Overweight”. 9 analysts offering their recommendations for the stock have an average rating of 2.60, where 3 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Foundation Building Materials Inc. quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $487.52M over the same period.The EPS is expected to grow by 214.80% this year, but quarterly earnings will post -4.90% year-over-year. Quarterly sales are estimated to shrink -15.20% in year-over-year returns.

Foundation Building Materials Inc. (FBM) Top Institutional Holders

236 institutions hold shares in Foundation Building Materials Inc. (FBM), with 422.95k shares held by insiders accounting for 0.98% while institutional investors hold 101.66% of the company’s shares. The shares outstanding are 43.05M, and float is at 22.48M with Short Float at 5.61%. Institutions hold 100.66% of the Float.

The top institutional shareholder in the company is Lone Star Global Acquisitions, Ltd. with over 20.3 million shares valued at $208.87 million. The investor’s holdings represent 46.98% of the FBM Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 3.46 million shares valued at $35.61 million to account for 8.01% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 2.18 million shares representing 5.05% and valued at over $22.44 million, while Renaissance Technologies, LLC holds 2.96% of the shares totaling 1.28 million with a market value of $13.15 million.

Foundation Building Materials Inc. (FBM) Insider Activity

A total of 28 insider transactions have happened at Foundation Building Materials Inc. (FBM) in the last six months, with sales accounting for 4 and purchases happening 24 times. The most recent transaction is an insider purchase by Carpenter James R, the company’s VP Business Development. SEC filings show that Carpenter James R bought 10,000 shares of the company’s common stock on Mar 17 at a price of $9.88 per share for a total of $98814.0. Following the purchase, the insider now owns 17500.0 shares.

Foundation Building Materials Inc. disclosed in a document filed with the SEC on Feb 27 that Mendoza Ruben (President and CEO) bought a total of 42,054 shares of the company’s common stock. The trade occurred on Feb 27 and was made at $15.00 per share for $0.63 million. Following the transaction, the insider now directly holds 0.12 million shares of the FBM stock.

Foundation Building Materials Inc. (FBM): Who are the competitors?

The company’s main competitors (and peers) include Huttig Building Products Inc. (HBP) that is trading -57.48% down over the past 12 months. HD Supply Holdings Inc. (HDS) is -15.59% down on the 1-year trading charts. Short interest in the company’s stock has fallen -15.87% from the last report on May 14, 2020 to stand at a total of 1.46 million short shares sold with a short interest ratio of 4.97.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free