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Stratos Wealth Partners LTD. Reduces Stock Holdings in Builders FirstSource, Inc. $BLDR
Stratos Wealth Partners LTD. significantly reduced its holdings in Builders FirstSource, Inc. (NYSE:BLDR) by 49.2% in Q4, selling over 21,000 shares. This reduction comes as Builders FirstSource missed Q4 earnings expectations, reporting EPS of $1.12 against an anticipated $1.30 and revenue below estimates. Despite the institutional sell-off, director Paul S. Levy increased his stake in the company by purchasing 50,000 shares.