Insider Selling: Babcock & Wilcox Enterprises Inc (NYSE:BW) Major Shareholder Sells $441,735.14 in Stock

Babcock & Wilcox Enterprises Inc (NYSE:BW) major shareholder Steel Partners Holdings L.P. sold 118,111 shares of Babcock & Wilcox Enterprises stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $3.74, for a total transaction of $441,735.14. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of NYSE:BW opened at $3.66 on Monday. Babcock & Wilcox Enterprises Inc has a one year low of $1.94 and a one year high of $21.70. The business’s 50 day simple moving average is $0.57.

Babcock & Wilcox Enterprises (NYSE:BW) last issued its quarterly earnings data on Thursday, May 9th. The technology company reported ($2.90) earnings per share (EPS) for the quarter. The company had revenue of $231.90 million for the quarter.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. grew its holdings in Babcock & Wilcox Enterprises by 0.9% during the fourth quarter. BlackRock Inc. now owns 6,034,454 shares of the technology company’s stock valued at $2,355,000 after purchasing an additional 52,579 shares during the period. Equitec Specialists LLC grew its holdings in Babcock & Wilcox Enterprises by 94.9% during the first quarter. Equitec Specialists LLC now owns 3,398,401 shares of the technology company’s stock valued at $1,397,000 after purchasing an additional 1,654,905 shares during the period. Royce & Associates LP grew its holdings in Babcock & Wilcox Enterprises by 16.4% during the first quarter. Royce & Associates LP now owns 3,000,976 shares of the technology company’s stock valued at $1,234,000 after purchasing an additional 423,917 shares during the period. Geode Capital Management LLC grew its holdings in Babcock & Wilcox Enterprises by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 1,321,989 shares of the technology company’s stock valued at $515,000 after purchasing an additional 28,434 shares during the period. Finally, Citigroup Inc. grew its holdings in Babcock & Wilcox Enterprises by 144.6% during the fourth quarter. Citigroup Inc. now owns 68,286 shares of the technology company’s stock valued at $27,000 after purchasing an additional 40,364 shares during the period. Hedge funds and other institutional investors own 57.63% of the company’s stock.

About Babcock & Wilcox Enterprises

Babcock & Wilcox Enterprises, Inc provides fossil and renewable power generation and environmental equipment for the power and industrial markets worldwide. Its Babcock & Wilcox segment engages in the engineering, procurement, specialty manufacturing, construction, and commissioning of new and retrofit utility boilers and industrial boilers fired with coal and natural gas; and boiler cleaning equipment and material handling equipment.

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Insider Buying and Selling by Quarter for Babcock & Wilcox Enterprises (NYSE:BW)

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