Today, the VP-Gen. Counsel and Secretary of Badger Meter (BMI), William Bergum, sold shares of BMI for $49.21K.
Following William Bergum’s last BMI Sell transaction on July 27, 2017, the stock climbed by 12.9%. In addition to William Bergum, 8 other BMI executives reported Sell trades in the last month.
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Based on Badger Meter’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $104 million and quarterly net profit of $11.24 million. In comparison, last year the company earned revenue of $96.65 million and had a net profit of $7.23 million. BMI’s market cap is $1.7B and the company has a P/E ratio of 59.78. Currently, Badger Meter has an average volume of 155.3K.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $54.33, reflecting a -4.9% downside.
In the last 30 days, insiders have sold $2.23M worth of BMI shares and purchased $353.4K worth of BMI shares. The insider sentiment on Badger Meter has been negative according to 63 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serves water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation.
