Babcock (NYSE:BW) CFO Cameron Frymyer Acquires 20,000 Shares

Babcock (NYSE:BW - Get Free Report) CFO Cameron Frymyer acquired 20,000 shares of Babcock stock in a transaction that occurred on Tuesday, August 19th. The stock was bought at an average cost of $1.55 per share, with a total value of $31,000.00. Following the acquisition, the chief financial officer directly owned 153,805 shares of the company's stock, valued at approximately $238,397.75. This trade represents a 14.95% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.Babcock Trading Down 3.1%Nuclear Reactors on the Moon? Why BWX Technologies Is SoaringShares of NYSE BW traded down $0.0450 during midday trading on Wednesday, reaching $1.4150. The company's stock had a trading volume of 455,108 shares, compared to its average volume of 1,716,807. The company has a 50 day moving average price of $1.11 and a 200 day moving average price of $0.91. Babcock has a one year low of $0.2241 and a one year high of $2.99. The company has a market cap of $143.06 million, a price-to-earnings ratio of -0.83 and a beta of 1.72. Babcock (NYSE:BW - Get Free Report) last released its earnings results on Monday, August 11th. The technology company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.02). The company had revenue of $144.10 million for the quarter, compared to analyst estimates of $182.07 million. Analyst Upgrades and DowngradesTrump Orders Nuclear Overhaul: These 3 Stocks Stand to BenefitSeparately, Wall Street Zen lowered Babcock from a "hold" rating to a "sell" rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Babcock has a consensus rating of "Moderate Buy" and a consensus target price of $3.00.Check Out Our Latest Analysis on BWHedge Funds Weigh In On Babcock3 Must-Buy Stocks Boosting Value with Buybacks—Act NowA number of large investors have recently made changes to their positions in the business. CastleKnight Management LP increased its holdings in shares of Babcock by 7.2% in the 4th quarter. CastleKnight Management LP now owns 7,213,690 shares of the technology company's stock valued at $11,830,000 after purchasing an additional 487,516 shares during the period. Gendell Jeffrey L increased its holdings in shares of Babcock by 49.2% in the 2nd quarter. Gendell Jeffrey L now owns 2,574,848 shares of the technology company's stock valued at $2,477,000 after purchasing an additional 849,602 shares during the period. Acadian Asset Management LLC grew its stake in shares of Babcock by 13.6% in the 1st quarter. Acadian Asset Management LLC now owns 1,985,590 shares of the technology company's stock valued at $1,333,000 after buying an additional 237,797 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Babcock by 1.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,724,713 shares of the technology company's stock valued at $1,160,000 after buying an additional 22,452 shares in the last quarter. Finally, Brightline Capital Management LLC grew its stake in shares of Babcock by 2.6% in the 1st quarter. Brightline Capital Management LLC now owns 1,550,000 shares of the technology company's stock valued at $1,042,000 after buying an additional 40,000 shares in the last quarter. Institutional investors and hedge funds own 83.17% of the company's stock. About Babcock (Get Free Report)Babcock & Wilcox Enterprises, Inc engages in the provision of fossil and renewable power generation and environmental equipment. It operates through the following segments: B&W Renewable, B&W Environmental, and B&W Thermal. The B&W Renewable segment supports a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions.Read MoreFive stocks we like better than BabcockProfitably Trade Stocks at 52-Week HighsWho Won and Who Lost in Nuclear Energy’s Q2 EarningsWhat Investors Need to Know to Beat the Market2 Powerful Forces Now Back Intel's TurnaroundHow to Know if a Stock Pays Dividends and When They Are Paid OutArcher's Flight Milestones & Defense Wins Excite Wall Street This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Babcock Right Now?Before you consider Babcock, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Babcock wasn't on the list.While Babcock currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here