BlueLinxBXC
About: BlueLinx Holdings Inc is engaged in the wholesale distribution of residential and commercial building products. Its business products are split into two categories: Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh and Specialty products include items such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products. The company's operations are carried out throughout the United States.
Employees: 2,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 50
35% more call options, than puts
Call options by funds: $5.05M | Put options by funds: $3.74M
0.64% less ownership
Funds ownership: 90.09% [Q1] → 89.45% (-0.64%) [Q2]
7% less funds holding
Funds holding: 179 [Q1] → 167 (-12) [Q2]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 5 (-2) [Q2]
29% less capital invested
Capital invested by funds: $1.01B [Q1] → $721M (-$293M) [Q2]
34% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 35
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Craig-Hallum Greg Palm 61% 1-year accuracy 11 / 18 met price target | 23%upside $135 | Buy Maintained | 1 Aug 2024 |
DA Davidson Michael Shlisky 58% 1-year accuracy 11 / 19 met price target | 25%upside $137 | Buy Maintained | 1 Aug 2024 |