TopBuild Corp, classified in the Construction sector, is a listed company based in Daytona Beach, United States, founded in 2015. Its insiders report their share dealings to SEC (Form 4). Between 18 October 2025 and 18 October 2026, 15 insiders published 37 filings.
There is no open-market purchase to report; the filings show 4 sales worth €4.2M by 3 insiders. One trade stands out by size: a sale of €1.9M from Buck Robert M, disclosed on 12 December 2025.
Compared with its exchange (5,458 companies, median 22 filings), a count of 37 filings is above the norm. The full history, which starts in 2016, counts no purchases against 44 sales. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists revenue at 5.41 bn USD and net income at 521.7 m USD.
The median gap between a trade and its publication by SEC (Form 4) is 1 day. The legal deadline for a Form 4 is two business days after the transaction. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
Elsewhere in the same sector, our signals recently picked up insider purchases at Lennar Corp /NEW/. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
+3 other insiders
Analysts rate TopBuild Corp Buy (bullish), based on 8 analysts. Average price target: US$466.38.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
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TopBuild Corp. (NYSE: BLD) is a United States-based specialty building-products and services company headquartered in Daytona Beach, Florida. The company was formed in February 2015 as Masco SpinCo Corp., renamed TopBuild Corp. in March 2015, and began trading independently on the NYSE on July 1, 2015 after being spun off from Masco Corporation. For investors, that means TopBuild is a relatively young standalone public company, but one with operating roots inherited from long-established insulation and construction-services businesses.
TopBuild’s operating model is built around two complementary pillars. Its Installation Services segment provides insulation and commercial roofing installation services through a broad branch network across the United States. Its Specialty Distribution segment supplies insulation and related building products to residential, commercial, and industrial customers, while also covering mechanical insulation and other technical product categories. In practice, this gives TopBuild exposure to both field execution and specialty distribution, as well as to selected fabrication and value-added product activities. The company also operates in Canada, so its footprint is North American rather than purely domestic.
From a competitive standpoint, TopBuild occupies a strong niche position in a fragmented market. The company emphasizes scale, purchasing leverage, local branch density, and the ability to serve large manufacturers and contractors with an efficient distribution and installation platform. That combination matters in insulation and building-products markets, where service reliability, product availability, and geographic reach can be decisive advantages. TopBuild has also been expanding its presence in commercial and industrial end markets, which can help balance exposure to residential construction cycles.
TopBuild’s core products and services include thermal insulation, insulation accessories, mechanical insulation solutions, and commercial roofing installation. The company reports more than 250 branches in Specialty Distribution and more than 200 branches in Installation Services, underscoring a substantial operating and logistics network.
Recent strategic developments have centered on acquisition-led growth. In 2025, TopBuild completed several acquisitions, including Progressive Roofing and, most notably, Specialty Products and Insulation (SPI), a roughly $1 billion cash transaction that broadened TopBuild’s reach in commercial and industrial markets and enhanced its mechanical insulation fabrication capabilities. The company also highlighted multiple acquisitions completed during 2025, alongside share repurchases and a continued focus on capital allocation. In its latest commentary, management pointed to acquisitions as a key growth driver, which suggests TopBuild is actively consolidating its market position while remaining tied to the underlying U.S. construction cycle.
Overall, TopBuild is best viewed as a scaled, specialty construction-services and distribution platform in the United States, with growing North American reach, a history of disciplined M&A, and a market profile that combines cyclical exposure with recurring operational strengths.
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All recommendationsHeadquarters: Daytona Beach, United States · Founded: 2015
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| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2025 | 5.41 bn USD | 521.7 m USD | 18.28 USD | 10-K |
| Dec 2024 | 5.33 bn USD | 622.6 m USD | 20.29 USD | 10-K |
| Dec 2023 | 5.19 bn USD | 614.3 m USD | 19.33 USD | 10-K |
| Dec 2022 | 5.01 bn USD | 556.0 m USD | 17.14 USD | 10-K |
| Dec 2021 | 3.49 bn USD | 324.0 m USD | 9.78 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.