Installed Building Products (IBP) CFO Thomas Buys $199K of Stock

Miller Michael Thomas, the Executive Vice President and Chief Financial Officer of Installed Building Products, Inc. (NYSE: IBP), recently purchased 990 shares of the company's stock. The transaction took place on June 11, 2026, at an average price of $200.62 per share, totaling approximately $198,609.74. This was not a planned purchase under a Rule 10b5-1 trading plan.

Insider Buying and Selling at Installed Building Products, Inc.

In addition to Miller's purchase, several other insiders have been active. On May 19, 2026, Marchelle Moore, Lawrence Hilsheimer, Michael Thomas, David Meuse, and Janet Jackson each acquired 855 shares of the company, though the price for these transactions was not disclosed.

Other Institutional Activity in Installed Building Products

Among institutional investors, BlackRock, Inc. increased its position in Installed Building Products by 137,998 shares, bringing its total to about 3,758,298 shares valued at approximately $996.5 million. Conversely, Kayne Anderson Rudnick Investment Management LLC reduced its holdings by 81,978 shares, ending with 1,812,801 shares worth about $480.7 million. Similarly, Price T Rowe Associates Inc /MD/ cut its position by 121,159 shares, leaving it with 1,430,002 shares valued around $379.2 million. Vanguard Portfolio Management LLC established a new position with 1,368,128 shares valued at approximately $362.8 million, and State Street Corp increased its holdings by 13,606 shares to 1,060,295 shares, worth about $281.1 million.

Installed Building Products, Inc. Stock Up 4.8%

Shares of Installed Building Products (NYSE: IBP) traded near $207.09 recently. The company boasts a market capitalization of roughly $5.58 billion and a price-to-earnings (P/E) ratio of 22.13. It has a 52-week low of $162.56 and a high of $349.00. The stock's 50-day moving average stands at $247.42, and its 200-day moving average is $268.71. Installed Building Products has a beta of 1.724, indicating higher volatility compared to the market.

Recent Earnings

In its most recent earnings report, Installed Building Products reported revenue of approximately $2.95 billion. The company experienced a slight revenue decline of 3.5%. Its net margin was 8.65%, with a return on equity (ROE) of 38.36%. The next earnings release is scheduled for August 6, 2026.

Dividend

Installed Building Products offers an annual dividend rate of $3.32, translating to a yield of 1.6%. The company's dividend payout ratio is about 35.26%.

Analysts Set New Price Targets

Analysts have been active in updating their views on Installed Building Products. On May 13, 2026, JP Morgan maintained a 'sell' rating with a $195.00 price target. On May 11, DA Davidson reiterated a 'hold' rating with a $242.00 target, while Truist Securities maintained a 'hold' rating with a $200.00 target. Goldman Sachs, on May 8, 2026, kept a 'buy' rating and set the target at $285.00. The consensus among analysts is a 'hold' rating with a mean price target of $231.25, based on 12 analyst opinions.

About Installed Building Products

Installed Building Products, Inc., based in Columbus, Ohio, specializes in installing insulation and other building products for residential and commercial projects. It operates through three segments: Installation, Distribution, and Manufacturing Operations. The company provides a variety of insulation materials and services, as well as installs caulking, sealants, garage doors, waterproofing systems, and more. Led by CEO Jeffrey W. Edwards, Installed Building Products employs approximately 10,400 people.

Bottom Line

Miller Michael Thomas's purchase of Installed Building Products shares highlights insider confidence in the company. With a robust market presence and a diverse product offering, the company is closely watched by investors and analysts alike. The recent insider transactions and analyst ratings provide a snapshot of the market's view on Installed Building Products, but it's important to remember that these are historical data points and not necessarily indicative of future performance.