tiprankstipranks
Insider Trading

BWX Technologies Executive Cashes In on Lucrative Stock Sale

BWX Technologies Executive Cashes In on Lucrative Stock Sale

New insider activity at BWX Technologies ( (BWXT) ) has taken place on March 7, 2025.

Senior Vice President of Human Resources, Robert Duffy, has recently sold 6,000 shares of BWX Technologies stock, amounting to a total value of $624,120.

Recent Updates on BWXT stock

BWX Technologies Inc. reported strong financial results for the fourth quarter and full year 2024, with significant revenue growth and strategic acquisitions, including the completed acquisition of A.O.T. and plans to acquire Kinectrics Inc. The company’s record-breaking financial performance was driven by substantial contract awards in both government and commercial operations, leading to a 21% increase in backlog. Despite challenges such as government operations margin pressure and foreign currency headwinds, BWXT’s outlook remains positive, with expectations for continued growth in 2025. The company anticipates revenue of around $3 billion, with strategic investments expected to bolster future growth. The market anticipates a 5.8% move in share price post-earnings, reflecting strong investor interest.

More about BWX Technologies

YTD Price Performance: -6.76%

Average Trading Volume: 940,860

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.26B

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com