Babcock & Wilcox: a new 10% owner opens a position — score 59/100
A new 10% holder of Babcock & Wilcox established a position of 130,000 shares, with one director buying a far smaller amount the same day.
Babcock & WilcoxConviction 59/100
In this brief: 2 sections 1 min read
BRC Group Holdings, Inc. (10% owner) — 130,000 @ $4.9815, $647,592.50 · new position
Howe Alan B (Director) — 1,000 @ $5.14, $5,140.00 · +7.7%
Position growth scored the full 20 of 20, on the new 10% position. Seniority is what held the score back at 5 of 15: the rubric weights operating officers above 10% holders and outside directors. Breadth scored 15, size 19.1 of 35, and there were no penalties.