Representative David Taylor (R-Ohio) recently sold shares of Installed Building Products, Inc. (NYSE:IBP). In a filing disclosed on February 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Installed Building Products stock on January 16th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/29/2026.
- Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/29/2026.
- Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 1/29/2026.
- Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 1/29/2026.
- Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 1/29/2026.
- Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 1/29/2026.
- Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 1/29/2026.
- Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/29/2026.
- Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 1/29/2026.
- Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 1/29/2026.
Installed Building Products Price Performance
Shares of IBP stock opened at $303.33 on Wednesday. The business has a fifty day simple moving average of $279.74 and a 200 day simple moving average of $260.82. The company has a market cap of $8.23 billion, a P/E ratio of 32.65, a P/E/G ratio of 5.30 and a beta of 1.92. The company has a quick ratio of 2.28, a current ratio of 2.78 and a debt-to-equity ratio of 1.25. Installed Building Products, Inc. has a twelve month low of $150.83 and a twelve month high of $317.86.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of IBP. Danske Bank A S acquired a new stake in shares of Installed Building Products in the third quarter valued at about $25,000. NewEdge Advisors LLC boosted its holdings in Installed Building Products by 5,000.0% in the third quarter. NewEdge Advisors LLC now owns 102 shares of the construction company’s stock valued at $25,000 after acquiring an additional 100 shares during the last quarter. Curio Wealth LLC boosted its holdings in Installed Building Products by 16,800.0% in the second quarter. Curio Wealth LLC now owns 169 shares of the construction company’s stock valued at $30,000 after acquiring an additional 168 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in Installed Building Products during the 3rd quarter valued at approximately $33,000. Finally, SRH Advisors LLC raised its holdings in Installed Building Products by 70.8% during the 2nd quarter. SRH Advisors LLC now owns 205 shares of the construction company’s stock worth $37,000 after purchasing an additional 85 shares during the last quarter. 99.61% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, insider William Jeffrey Hire sold 5,000 shares of the company’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $251.63, for a total value of $1,258,150.00. Following the sale, the insider directly owned 32,999 shares of the company’s stock, valued at approximately $8,303,538.37. This represents a 13.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Michael H. Thomas sold 2,001 shares of Installed Building Products stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $268.28, for a total transaction of $536,828.28. Following the transaction, the director directly owned 8,373 shares of the company’s stock, valued at $2,246,308.44. This represents a 19.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.20% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on IBP shares. Evercore ISI set a $265.00 price target on shares of Installed Building Products in a report on Thursday, November 6th. Royal Bank Of Canada raised their target price on shares of Installed Building Products from $184.00 to $203.00 and gave the company an “underperform” rating in a research report on Thursday, November 6th. Zacks Research downgraded shares of Installed Building Products from a “strong-buy” rating to a “hold” rating in a report on Friday, January 16th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $245.00 price objective on shares of Installed Building Products in a report on Tuesday, January 13th. Finally, Jefferies Financial Group boosted their price objective on Installed Building Products from $230.00 to $259.00 and gave the stock a “hold” rating in a research report on Monday, December 15th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $235.36.
Get Our Latest Analysis on Installed Building Products
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
About Installed Building Products
Installed Building Products, Inc (NYSE: IBP) is a leading national installer of specialty building products serving the U.S. residential construction market. The company partners with homebuilders and contractors to deliver a comprehensive range of interior and exterior finishing services, including insulation, drywall finishing, protective coatings and basement waterproofing systems. By offering a single-source solution, Installed Building Products helps streamline project coordination and ensures consistent service quality across multiple trades.
Founded in 1977 and headquartered in Columbus, Ohio, Installed Building Products has expanded from a regional insulation installer into a nationwide platform operating in nearly every state.
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