Key Points
- CEO Rex Geveden sold 10,000 shares on Feb. 12 at an average price of $203.26 for proceeds of $2,032,600, leaving him with 177,594 shares (a 5.33% reduction in his position).
- Several analysts have recently raised ratings and price targets (BTIG to $225, Bank of America to $230), and the stock carries a consensus rating of "Moderate Buy" with a consensus price target of $199.20.
- BWX Technologies is a specialized supplier of nuclear propulsion systems, small modular reactors and medical radioisotopes; the stock trades near $200 with a market cap of $18.31 billion and a 12‑month range of $84.21–$220.57.
BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) CEO Rex Geveden sold 10,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $203.26, for a total value of $2,032,600.00. Following the completion of the sale, the chief executive officer owned 177,594 shares in the company, valued at approximately $36,097,756.44. The trade was a 5.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
BWX Technologies Trading Up 1.7%
Shares of NYSE BWXT opened at $200.31 on Friday. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $220.57. The business has a fifty day simple moving average of $192.65 and a two-hundred day simple moving average of $184.75. The firm has a market cap of $18.31 billion, a PE ratio of 60.15, a price-to-earnings-growth ratio of 3.16 and a beta of 0.84. The company has a quick ratio of 1.62, a current ratio of 1.71 and a debt-to-equity ratio of 1.21.
Wall Street Analyst Weigh In
Several equities analysts recently commented on BWXT shares. BTIG Research increased their price objective on shares of BWX Technologies from $200.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, November 7th. Wall Street Zen raised shares of BWX Technologies from a "hold" rating to a "buy" rating in a report on Saturday, November 8th. Bank of America lifted their price objective on shares of BWX Technologies from $220.00 to $230.00 and gave the stock a "buy" rating in a research note on Thursday, November 13th. Truist Financial set a $205.00 target price on BWX Technologies in a research report on Friday, January 9th. Finally, Zacks Research upgraded BWX Technologies from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $199.20.
Get Our Latest Report on BWX Technologies
Institutional Investors Weigh In On BWX Technologies
Hedge funds have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV raised its stake in shares of BWX Technologies by 250.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company's stock valued at $25,000 after buying an additional 125 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company's stock worth $29,000 after acquiring an additional 181 shares during the period. Aventura Private Wealth LLC purchased a new position in BWX Technologies during the fourth quarter valued at approximately $29,000. WFA of San Diego LLC acquired a new position in BWX Technologies in the second quarter valued at approximately $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in BWX Technologies in the 3rd quarter worth approximately $32,000. 94.39% of the stock is owned by hedge funds and other institutional investors.
About BWX Technologies
(
Get Free Report)
BWX Technologies, Inc (NYSE: BWXT) is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company's core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.
Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.
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