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Babcock & Wilcox Enterprises (NYSE:BW) Chief Executive Officer Kenneth M. Young reported purchasing 20,000 shares of the company’s common stock at $1.5071 per share, for a total transaction value of $30,142.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction occurred on August 18, 2025. Following the transaction, Mr. Young directly owns 1,442,787 shares and indirectly owns 261,745 shares of Babcock & Wilcox Enterprises , Inc. common stock. The 261,745 shares are held of record by the Kenneth M. Young Revocable Trust U/A 5/8/15.
In other recent news, Babcock & Wilcox Enterprises reported a larger-than-expected loss for the second quarter of 2025. The company’s earnings per share came in at -$0.63, significantly missing the forecasted -$0.07. Additionally, revenue for the quarter was $144.1 million, which did not meet the anticipated $182.07 million. In response to these results, DA Davidson adjusted its price target for Babcock & Wilcox (NYSE:BWXT), raising it to $1.50 from a previous target of $1.00. The firm maintained a Neutral rating on the stock, citing recent divestiture activities and the extension of debt maturities as factors expected to improve the company’s capital position. These developments reflect ongoing efforts by Babcock & Wilcox to stabilize its financial standing amidst challenging market conditions.
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