Jason Niswonger Purchases 455 Shares of Installed Building Products (NYSE:IBP) Stock

Market Beat
2026.05.13 10:43
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Installed Building Products insider Jason Niswonger purchased 455 shares at $214.80 each, totaling $97,734, increasing his stake by 2.73%. CFO Michael Thomas Miller also bought 2,400 shares, raising his ownership by 7.79%. The company reported Q1 earnings of $1.79 per share, missing estimates, with revenue down 3.5% year-over-year. Analysts have become cautious, with several price target cuts and a consensus rating of "Hold." The stock is currently down 1.8%, with a market cap of $5.46 billion and a dividend of $0.39 per share announced for June 30.