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Here’s Who Just Picked Up Bwx Technologies Inc. (NYSE:BWXT) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Bwx Technologies Inc. (NYSE:BWXT) reported that Blue Harbour Group has picked up 5,287,927 of common stock as of 2017-03-08.

The acquisition brings the aggregate amount owned by Blue Harbour Group to a total of 5,287,927 representing a 5.3% stake in the company.

For those not familiar with the company, BWX Technologies, Inc., formerly The Babcock & Wilcox Company, is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other. The Nuclear Operations segment engineers, designs and manufactures precision naval nuclear components and reactors for the United States Department of Energy (DOE)/National Nuclear Security Administration’s (NNSA) Naval Nuclear Propulsion Program. The Technical Services segment provides various services to the United States Government. The Nuclear Energy segment designs, licenses, manufactures and delivers commercial nuclear steam generators, pressure vessels, reactor components, heat exchangers and other auxiliary equipment. The Other segment includes the mPower program.

A glance at Bwx Technologies Inc. (NYSE:BWXT)’s key stats reveals a current market capitalization of 4.53 billion based on 99.45 Million shares outstanding and a price at last close of $46.02 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2012-12-17, Hanks picked up 42 at a purchase price of $25.68. This brings their total holding to 17,545 as of the date of the filing.

On the sell side, the most recent transaction saw Blue unload 5,273,159 shares at a sale price of $45.67. This brings their total holding to 5,287,927.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Bwx Technologies Inc. (NYSE:BWXT) as things move forward to see if its progress aligns with these transactions.

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