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Installed Building Products Surges on Old Dominion Acquisition

Investivoq PriceTracker

Installed Building Products (IBP) is up 6.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is IBP’s completion of its acquisition of Old Dominion Group, a much larger push into commercial and industrial installation that investors appear to view as strategically important. The deal adds scale, broadens IBP’s exposure beyond residential construction, and management said it should be immediately accretive to revenue growth, adjusted margins, and adjusted earnings per share.

Details:

  • IBP closed the Old Dominion Group transaction on November 12, 2026, giving the company a larger foothold in mechanical and industrial insulation, firestopping, and related installation work.
  • The acquired business generated about $370 million of revenue and roughly $68 million of adjusted EBITDA over the last twelve months ended September 30, 2026, making it a meaningful addition to IBP’s existing platform.
  • Management framed the acquisition as a diversification move, lifting commercial revenue exposure from about one-fifth of total company revenue to roughly 28% and increasing access to markets such as healthcare, manufacturing, industrial facilities, and data centers.
  • IBP also said it expects $6 million to $8 million of annualized cost synergies within 24 months, while funding the transaction with a mix of cash and stock to preserve financial flexibility.

    • Sources:

    Installed Building Products, SEC, MarketScreener

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $IBP Insider Trading Activity

    IBP Insider Trades

    $IBP insiders have traded $IBP stock on the open market 11 times in the past 6 months. Of those trades, 10 have been purchases and 1 have been sales.

    Here’s a breakdown of recent trading of $IBP stock by insiders over the last 6 months:

    • JANET E. JACKSON sold 1,086 shares for an estimated $257,447
    • MICHAEL THOMAS MILLER (Executive VP & CFO) has made 10 purchases buying 990 shares for an estimated $198,609 and 0 sales.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $IBP Hedge Fund Activity

    We have seen 240 institutional investors add shares of $IBP stock to their portfolio, and 248 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • BLACKROCK, INC. added 831,999 shares (+22.1%) to their portfolio in Q2 2026, for an estimated $191,226,650
    • REINHART PARTNERS, LLC. added 454,005 shares (+inf%) to their portfolio in Q3 2026, for an estimated $87,114,479
    • T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 447,110 shares (+577.2%) to their portfolio in Q2 2026, for an estimated $102,763,762
    • TD ASSET MANAGEMENT INC removed 362,274 shares (-97.3%) from their portfolio in Q2 2026, for an estimated $83,265,056
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 358,287 shares (+inf%) to their portfolio in Q2 2026, for an estimated $82,348,684
    • PRICE T ROWE ASSOCIATES INC /MD/ removed 268,222 shares (-18.8%) from their portfolio in Q2 2026, for an estimated $61,648,144
    • NEUBERGER BERMAN GROUP LLC removed 243,918 shares (-95.6%) from their portfolio in Q2 2026, for an estimated $56,062,113

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $IBP Congressional Stock Trading

    Members of Congress have traded $IBP stock 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

    Here’s a breakdown of recent trading of $IBP stock by members of Congress over the last 6 months:

    • REPRESENTATIVE DAVID TAYLOR has traded it 3 times. They made 3 purchases worth up to $45,000 on 09/08, 08/14, 06/15 and 0 sales.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.