Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) CEO Sells $35,450.00 in Stock

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

Concrete Pumping Price Performance

Shares of BBCP opened at $6.66 on Friday. The firm has a market capitalization of $358.77 million, a P/E ratio of 19.03 and a beta of 1.08. Concrete Pumping Holdings, Inc. has a 12-month low of $6.12 and a 12-month high of $9.15. The company has a current ratio of 1.10, a quick ratio of 1.01 and a debt-to-equity ratio of 1.21. The firm has a fifty day moving average price of $7.82 and a 200-day moving average price of $7.83.

Concrete Pumping (NASDAQ:BBCP) last issued its earnings results on Thursday, March 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). The company had revenue of $97.71 million for the quarter, compared to analysts’ expectations of $98.25 million. Concrete Pumping had a net margin of 4.81% and a return on equity of 7.76%. Equities research analysts expect that Concrete Pumping Holdings, Inc. will post 0.45 earnings per share for the current year.

Institutional Trading of Concrete Pumping

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Concrete Pumping by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 1,949,732 shares of the company’s stock valued at $15,988,000 after purchasing an additional 31,018 shares during the period. Royce & Associates LP raised its holdings in shares of Concrete Pumping by 0.6% in the first quarter. Royce & Associates LP now owns 1,948,855 shares of the company’s stock valued at $13,252,000 after acquiring an additional 11,600 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Concrete Pumping by 1.2% in the third quarter. Jennison Associates LLC now owns 1,822,825 shares of the company’s stock valued at $15,640,000 after acquiring an additional 22,290 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Concrete Pumping by 36.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,346,056 shares of the company’s stock valued at $11,038,000 after acquiring an additional 356,236 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in shares of Concrete Pumping by 4.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 560,982 shares of the company’s stock valued at $4,600,000 after acquiring an additional 22,357 shares in the last quarter. 34.20% of the stock is owned by hedge funds and other institutional investors.

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.