Babcock & Wilcox Enterprises Inc’s filing revealed that its Chief Financial Officer Salamone Louis Jr unloaded Company’s shares for reported $0.19 million on Dec 06 ’24. In the deal valued at $1.91 per share,98,941 shares were sold. As a result of this transaction, Salamone Louis Jr now holds 583,045 shares worth roughly $0.76 million.
Then, Dziewisz John J sold 2,733 shares, generating $2,870 in total proceeds. Upon selling the shares at $1.05, the General Counsel & Secretary now owns 217,521 shares.
Before that, Dziewisz John J bought 2,733 shares. Babcock & Wilcox Enterprises Inc shares valued at $2,870 were divested by the Officer at a price of $1.05 per share.
DA Davidson downgraded its Babcock & Wilcox Enterprises Inc [BW] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in early November from “a Buy” to “a Hold”. Craig Hallum began covering BW with “Buy” recommendation on July 19, 2022. Lake Street started covering the stock on March 25, 2021. It rated BW as “a Buy”.
Price Performance Review of BW
On Friday, Babcock & Wilcox Enterprises Inc [NYSE:BW] saw its stock jump 11.19% to $1.30. Over the last five days, the stock has gained 54.87%. Babcock & Wilcox Enterprises Inc shares have fallen nearly -20.68% since the year began. Nevertheless, the stocks have risen 5.76% over the past one year.
Levels Of Support And Resistance For BW Stock
The most recent change occurred on March 25, 2021 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $10 price target.
