Babcock & Wilcox Enterprises Insiders Up US$1.1m On US$885.7k Investment
Insiders who purchased Babcock & Wilcox Enterprises, Inc. (NYSE:BW) shares in the past 12 months are unlikely to be deeply impacted by the stock's 10% decline over the past week. After taking the recent loss into consideration, the US$885.7k worth of stock they bought is now worth US$2.00m, indicating that their investment yielded a positive return.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.
Over the last year, we can see that the biggest insider purchase was by insider Bruce Galloway for US$886k worth of shares, at about US$0.80 per share. We do like to see buying, but this purchase was made at well below the current price of US$1.05. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Check out our latest analysis for Babcock & Wilcox Enterprises
Babcock & Wilcox Enterprises is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Insiders own 10% of Babcock & Wilcox Enterprises shares, worth about US$11m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Given that insiders also own a fair bit of Babcock & Wilcox Enterprises we think they are probably pretty confident of a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Be aware that Babcock & Wilcox Enterprises is showing 4 warning signs in our investment analysis, and 2 of those don't sit too well with us...
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Washington Post
28 minutes ago
- Washington Post
Ketanji Brown Jackson reports $2 million in income last year for her memoir, 'Lovely One'
WASHINGTON — Supreme Court Justice Ketanji Brown Jackson received more than $2 million last year for her best-selling memoir, 'Lovely One,' according to her annual financial disclosure, released Tuesday. Jackson's outside income exceeded that of her court colleagues combined, the reports showed. Justice Neil Gorsuch reported $250,000 for the book he published last year, while Justice Sonia Sotomayor said she received $134,000 in royalties and an advance for a new book due out next year. The annual reports paint a partial picture of the justices' finances, as they are not required to reveal the value of their homes or, for those who are married, their spouses' salary. Their investments also are reported in ranges. The justices earn a salary of $303,600 for their work on the court, except for Chief Justice John Roberts , who is paid $317,500. 'Lovely One' was published by Random House in September and briefly topped the New York Times bestseller list. Jackson, the first Black woman on the nation's highest court, signed the contract soon after taking her seat in 2022 and last year reported receiving a nearly $900,000 advance. She undertook an extensive speaking tour to promote the book and reported 15 paid trips across the country last summer and fall. The nearly $3 million she has received so far rivals the contract Sotomayor signed for her memoir, 'My Beloved World,' first published in 2013. Sotomayor, who also has written several children's books, is writing a new one called 'Just Shine! How to Be a Better You' inspired by her late mother, People magazine has reported. Gorsuch's latest book, 'Over Ruled: The Human Toll of Too Much Law,' was published in August by Harper, an imprint of HarperCollins Publishers. Justices Amy Coney Barrett and Brett Kavanaugh also have book deals. Barrett, Kavanaugh and Gorsuch reported a bit more than $30,000 each for one- or two-week law school teaching gigs. Barrett and Kavanaugh taught at the University of Notre Dame's law school in South Bend, Indiana. Each has a child attending college there and Barrett was on the law school faculty before becoming a judge. Gorsuch taught in George Mason University's summer law program in Porto, Portugal. Roberts reported teaching a two-week course in Galway, Ireland in July. He said he wasn't paid until February. His compensation will be on the report that's released a year from now. The only justice whose report was not available Tuesday is Samuel Alito , who received an extension for up to 90 days, as he does most years.
TechCrunch
30 minutes ago
- TechCrunch
Intel to layoff up to 20% of Intel Foundry workers
In Brief Intel will begin a new round of layoffs next month. The semiconductor giant plans to layoff at least 15%, and up to 20%, of workers in its Intel Foundry division starting in July, according to an internal memo originally reported on by The Oregonian. Intel Foundry designs, manufactures, and packages semiconductors for external clients. It's unclear how many workers this will directly impact. Intel's total workforce was 108,900 people as of December 2024, according to the company's annual regulatory filing. TechCrunch reached out to Intel for more information. This news is not a particular shock. Since Intel's CEO Lip-Bu Tan took the helm in March, he's made multiple references that the company needed to refocus on its core business units, flatten its organization structure and return to being an engineering-first company. Rumors of these specific layoffs began swirling in April. Tan also told Intel's customers it would spin off its noncore units at the company's Intel Vision conference in March. Intel previously laid off 15% of its staff, around 15,000 employees, last August.
Yahoo
31 minutes ago
- Yahoo
Turning Point Brands Sees Insider Selling Amid Strong Gains
Turning Point Brands, Inc. (NYSE:TPB) is among the best bear market stocks to buy according to analysts. Graham Purdy, President and CEO of Turning Point Brands, Inc. (NYSE:TPB), sold 21,400 shares worth $1,602,646. This 8.6% reduction in stake means that 227,466 shares of this class are now owned. Just recently, Brittani Cushman, Senior Vice President and General Counsel at Turning Point Brands, Inc. (NYSE:TPB), also sold 15,000 shares in two days at prices between $74.36 and $75.89 per share. This transaction of approximately $1.13 million comes as a result of healthy returns of nearly 136% in the past year. A worker athlete with a rolling paper held in hand, smoking from the finished cigar. These transactions are a part of the ongoing management strategy of the equity holdings in response to the company's impressive performance in the recent quarter. Turning Point Brands, Inc. (NYSE:TPB) reported strong financial results that not only surpassed revenue estimates but also earnings forecasts. Turning Point Brands, Inc. (NYSE:TPB) is a Kentucky-based company that produces and distributes branded consumer products across the United States and Canada. Founded in 1988, the company delivers its products to wholesale distributors and retail merchants. With two main segments: Zig-Zag Products and Stoker's Products, the giant lives by the principles of accountability and integrity. While we acknowledge the potential of TPB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
