Pier Capital LLC Sells 28,467 Shares of Installed Building Products, Inc.

Institutional investor reduces stake in construction company

Mar. 13, 2026 at 10:39am

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Pier Capital LLC, an investment management firm, decreased its holdings in Installed Building Products, Inc. (NYSE:IBP) by 51.5% in the 3rd quarter, according to the company's recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 26,778 shares of the construction company's stock, down from 55,245 shares previously.

Why it matters

Installed Building Products is a leading national installer of specialty building products serving the U.S. residential construction market. Institutional investors closely monitor the company's performance and ownership changes can signal shifts in market sentiment.

The details

Pier Capital LLC sold 28,467 shares of Installed Building Products during the 3rd quarter, reducing its stake in the company by over 50%. The firm now owns approximately 0.10% of Installed Building Products, worth $6.6 million at the end of the quarter. The sale comes as Installed Building Products' stock has seen significant volatility, trading between $150.83 and $349.00 over the past 52 weeks.

  • Pier Capital LLC decreased its holdings in Installed Building Products in the 3rd quarter of 2026.

The players

Pier Capital LLC

An investment management firm that previously held a stake in Installed Building Products.

Installed Building Products, Inc.

A leading national installer of specialty building products serving the U.S. residential construction market.

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The takeaway

The reduction in Pier Capital LLC's stake in Installed Building Products reflects the volatility and uncertainty surrounding the construction industry, as institutional investors adjust their portfolios in response to market conditions.