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Selling Buzz: Babcock & Wilcox Enterprises Inc [BW] Chief Financial Officer Salamone Louis Jr sells 98,941 shares of the company

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Babcock & Wilcox Enterprises Inc shares valued at $188,977 were sold by Salamone Louis Jr on Dec 06 ’24. At $1.91 per share, Salamone Louis Jr sold 98,941 shares. The insider’s holdings dropped to 583,045 shares worth approximately $0.2 million following the completion of this transaction.

Also, Dziewisz John J sold 2,733 shares, netting a total of over 2,870 in proceeds. Following the sale of shares at $1.05 each, the insider now holds 217,521 shares.

Before that, Dziewisz John J had added 2,733 shares to its account. In a trade valued at $2,870, the Officer bought Babcock & Wilcox Enterprises Inc shares for $1.05 each.

As published in a research note from DA Davidson on April 07, 2025, Babcock & Wilcox Enterprises Inc [BW] has been rated down from a Buy to a Neutral and the price target has been revised to $1. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early November. As of July 19, 2022, Craig Hallum has initiated its “Buy” rating for BW. Earlier on March 25, 2021, Lake Street initiated its rating. Their recommendation was “a Buy” for BW stock.

Analyzing BW Stock Performance

During the last five days, there has been a surge of approximately 3.58%. Over the course of the year, Babcock & Wilcox Enterprises Inc shares have dropped approximately -79.20%. Shares of the company reached a 52-week high of $1.8950 on 01/06/25 and a 52-week low of $0.2395 on 04/11/25. A 50-day SMA is recorded $0.9050, while a 200-day SMA reached $1.5239.

Support And Resistance Levels for Babcock & Wilcox Enterprises Inc (BW)

According to the 24-hour chart, there is a support level at 0.3349, which, if violated, would cause prices to drop to 0.3287. In the upper region, resistance lies at 0.3509. The next price resistance is at 0.3607. RSI (Relative Strength Index) is 28.72 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0425, which suggests the price will decrease in the coming days. Percent R is at 80.44%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

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