Monday, September 11, 2017 10:15 PM ET
Insider at BWX Technologies (BWXT) Makes Significant Sale of Stock
One insider — Blue Harbour Group LP, Director — today, sold 1,992,829 shares of BWX Technologies having a market value of approximately $106,018,503, as disclosed in a form 4 document filed with the SEC. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 15,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 2,007,829 shares and have averaged 1,003,915 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at BWX Technologies is greater than the 41-company peer group average. Aerospace & Defense peer group saw 26 buy/sell trades during this period for an average of 0.6 transactions per company. The number of shares per buy/sell trade for BWX Technologies insiders was also higher. Within the peer group there were 10,067 shares purchased and 162,051 shares sold with company insiders having sold 5,846 shares on average.
The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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