Insider Makes Significant Stock buy in Babcock & Wilcox Enterprises (BW) Shares Extends the Trend of Last 90 Days

Tuesday, March 06, 2018 10:15 PM ET

Insider Makes Significant Stock buy in Babcock & Wilcox Enterprises (BW) Shares Extends the Trend of Last 90 Days

One Babcock & Wilcox Enterprises insider — Steel Partners Holdings Lp, 10% Owner — today, bought 492,667 shares having a market value of approximately $2,775,196, 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 purchase of 641,456 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 1,134,123 shares and have averaged 567,062 shares per transaction over this time period.

The level of buy/sell trading at Babcock & Wilcox Enterprises is is above the 7 peer company average over the last 90-day period. The Heavy Electrical Equipment peer group saw 1 buy/sell trades during this period for an average of 0.1 transactions per company. The number of shares per buy/sell trade for Babcock & Wilcox Enterprises insiders was also higher. Within the peer group there were 0 shares purchased and 5,000 shares sold with company insiders having sold 5,000 shares on average.

The data obtained in creating 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.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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