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Forge First Asset Management Inc. Invests $5.25 Million in TopBuild Corp. $BLD
Forge First Asset Management Inc. has acquired a new stake of 13,431 shares in TopBuild Corp. (NYSE:BLD), valued at approximately $5.25 million, making it their 18th largest holding. TopBuild recently surpassed Q4 estimates with $4.50 EPS and $1.50 billion revenue, largely due to strategic acquisitions that continue to drive management’s M&A priorities. Despite top-line growth, profitability and cash flow faced headwinds, leading to a 3.6% drop in the stock.