Babcock & Wilcox CEO Young buys $20k in shares

Published 08/09/2025, 13:32
Babcock & Wilcox CEO Young buys $20k in shares

Kenneth M. Young, Chief Executive Officer of Babcock & Wilcox Enterprises, Inc. (NYSE:BW), acquired 9,347 shares of common stock on September 5, 2025, in a transaction valued at $20,002. The shares were purchased at prices ranging from $2.13 to $2.16.

Following the transaction, Mr. Young directly holds 1,442,787 shares of Babcock & Wilcox Enterprises . Additionally, Mr. Young indirectly holds 271,092 shares through the Kenneth M. Young Revocable Trust U/A 5/8/15.

In other recent news, Babcock & Wilcox Enterprises reported a significant loss for the second quarter of 2025. The company’s earnings per share were -$0.63, which was considerably lower than the forecasted -$0.07. Additionally, the company reported revenue of $144.1 million, missing the anticipated $182.07 million. In other developments, Babcock & Wilcox has regained compliance with the New York Stock Exchange’s listing standards, following an improvement in its stock price. DA Davidson raised its price target for the company from $1.00 to $1.50, maintaining a Neutral rating. This adjustment reflects recent divestiture activities and efforts to enhance the company’s capital position, including extending debt maturities. These recent developments provide investors with a range of insights into the company’s current financial and strategic status.

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