Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) CEO Bruce F. Young Sells 5,000 Shares

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) CEO Bruce F. Young sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $7.09, for a total value of $35,450.00. Following the sale, the chief executive officer now owns 2,049,275 shares in the company, valued at $14,529,359.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Concrete Pumping Stock Performance

NASDAQ:BBCP opened at $6.86 on Thursday. The stock’s fifty day moving average is $7.88 and its 200 day moving average is $7.85. The firm has a market capitalization of $369.55 million, a PE ratio of 19.60 and a beta of 1.08. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.01 and a current ratio of 1.10. Concrete Pumping Holdings, Inc. has a fifty-two week low of $6.12 and a fifty-two week high of $9.15.

Concrete Pumping (NASDAQ:BBCP) last announced its quarterly earnings data on Thursday, March 7th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.05). The business had revenue of $97.71 million during the quarter, compared to the consensus estimate of $98.25 million. Concrete Pumping had a net margin of 4.81% and a return on equity of 7.76%. On average, sell-side analysts anticipate that Concrete Pumping Holdings, Inc. will post 0.45 earnings per share for the current year.

Hedge Funds Weigh In On Concrete Pumping

Several institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in Concrete Pumping by 36.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,346,056 shares of the company’s stock worth $11,038,000 after acquiring an additional 356,236 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Concrete Pumping by 219.2% in the 4th quarter. Renaissance Technologies LLC now owns 428,300 shares of the company’s stock valued at $2,506,000 after acquiring an additional 294,100 shares during the period. Two Sigma Investments LP lifted its stake in shares of Concrete Pumping by 1,072.3% during the 4th quarter. Two Sigma Investments LP now owns 215,958 shares of the company’s stock worth $1,263,000 after purchasing an additional 197,536 shares during the last quarter. EAM Investors LLC bought a new position in Concrete Pumping in the third quarter worth about $1,502,000. Finally, Millennium Management LLC lifted its position in shares of Concrete Pumping by 169.7% during the fourth quarter. Millennium Management LLC now owns 267,086 shares of the company’s stock valued at $1,562,000 after buying an additional 168,053 shares during the last quarter. Hedge funds and other institutional investors own 34.20% of the company’s stock.

Concrete Pumping Company Profile

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.