Northern Trust Corp reduced its stake in shares of Babcock & Wilcox Enterprises Inc (NYSE:BW) by 11.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 713,981 shares of the technology company’s stock after selling 89,128 shares during the quarter. Northern Trust Corp owned 4.23% of Babcock & Wilcox Enterprises worth $245,000 as of its most recent SEC filing.

Separately, Quinn Opportunity Partners LLC boosted its stake in Babcock & Wilcox Enterprises by 123.4% in the second quarter. Quinn Opportunity Partners LLC now owns 391,000 shares of the technology company’s stock valued at $134,000 after buying an additional 216,000 shares in the last quarter.

In related news, Director Bryant R. Riley acquired 15,150 shares of the stock in a transaction dated Monday, August 12th. The stock was bought at an average cost of $3.60 per share, for a total transaction of $54,540.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven M. Gaven acquired 3,800 shares of the stock in a transaction dated Wednesday, September 4th. The shares were bought at an average price of $10.53 per share, with a total value of $40,014.00. Over the last quarter, insiders acquired 70,416 shares of company stock valued at $284,568 and sold 1,769,417 shares valued at $6,561,694. 15.80% of the stock is currently owned by company insiders.

Babcock & Wilcox Enterprises stock traded up $0.12 during trading hours on Wednesday, hitting $4.64. The stock had a trading volume of 13,755 shares, compared to its average volume of 170,473. Babcock & Wilcox Enterprises Inc has a one year low of $1.94 and a one year high of $10.80. The business’s 50 day simple moving average is $4.32 and its 200-day simple moving average is $2.02.

Babcock & Wilcox Enterprises (NYSE:BW) last posted its earnings results on Thursday, August 8th. The technology company reported ($1.54) EPS for the quarter. The business had revenue of $248.10 million during the quarter.

Babcock & Wilcox Enterprises Profile

Babcock & Wilcox Enterprises, Inc provides fossil and renewable power generation and environmental equipment for the power and industrial markets worldwide. Its Babcock & Wilcox segment engages in the engineering, procurement, specialty manufacturing, construction, and commissioning of new and retrofit utility boilers and industrial boilers fired with coal and natural gas; and boiler cleaning equipment and material handling equipment.

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Institutional Ownership by Quarter for Babcock & Wilcox Enterprises (NYSE:BW)

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