As the market capitalization of BWX Technologies, Inc. (NYSE: BWXT)) fell by US $ 163 million, insiders who sold US $ 1.9 million of shares were able to make up for their losses.
Insiders appear to have made the most of their holdings by selling for $ 1.9 million BWX Technologies, Inc. (NYSE: BWXT) at an average selling price of $ 56.91 over the past year. The company’s market valuation fell by US $ 163 million after the stock price fell 3.1% over the past week, but insiders were spared painful losses.
While we never suggest that investors base their decisions solely on what a company’s directors have done, we think it makes perfect sense to keep tabs on what insiders are doing.
BWX Technologies Insider Trading in the Past Year
Over the past year or so, we can see that the biggest insider sale has come from non-executive chairman John Fees for $ 1.8 million in shares, at around $ 57.26 per share. So what is clear is that an insider saw fit to sell around the current price of US $ 53.86. While we generally don’t like to see insider sales, it is more of a concern if the sales come at a lower price. Since the sale took place around current prices, this makes us a little cautious but is not a major concern.
In the past year, insiders of BWX Technologies have not purchased any shares of the company. You can see insider trading (by companies and individuals) over the past year shown in the graph below. If you click on the chart you can see all of the individual trades including the stock price, individual and date!
NYSE: BWXT Insider Trading Volume October 1, 2021
If you are like me then you not want to miss it free list of growing companies that insiders buy.
Insider Property of BWX Technologies
Looking at the total insider stakes in a company can help you determine if they are aligned with common shareholders. Strong insider ownership often makes company management more concerned with the interests of shareholders. It appears that BWX Technologies insiders own 0.3% of the company, worth around $ 17 million. This level of insider ownership is good but just short of being particularly noteworthy. It certainly suggests a reasonable degree of alignment.
So what do BWX Technologies insider trading indicate?
It doesn’t really mean much that no insider traded BWX Technologies shares in the past quarter. Our analysis of BWX Technologies insider trading leaves us cautious. But we love that the insiders own a good chunk of the business. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. To help you, we have discovered 3 warning signs (2 are a little worrisome!) Which you should know before buying shares of BWX Technologies.
Sure BWX Technologies May Not Be The Best Stock To Buy. So you might want to see this free collection of high quality businesses.
For the purposes of this article, insiders are those persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.
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