BW Babcock & Wilcox Enterprises, Inc.

XNYS 4.56 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BW $4.56 —
Key stats
$4.56
52-Week Range
$3.06 – $22.03
YTD
-28.19%
IV Rank (30D)
57.75
Straddle Price
$1.23
P/C Vol Ratio
0.80
Market Cap
$0.7B
Open
$4.73
Day Range
$4.50 – $4.73
Volume
3,499,563
Prev Close
$4.62
Fair Value
MODEL: LONG

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.19%
Beta vs SPY1.90
Cost of Equity (CAPM)15.64% (VRP-adj)
WACC12.85%
Volatility Risk Premium+151.1pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+30.0%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$-0.1B
Return on Equity (TTM)-57.9%
Book / Price9.7%
Gross Margin (TTM)19.5%
FCF Margin (TTM)-7.1%
Debt / Equity4.20
Quality Score1/6 — cyclical/struggling (5y DCF)
SMA 50$7.12 (Market Anchor value)
SMA 20 / Bollinger Mid$5.76
Bollinger Width / SMA20867.3% (drives anchor stability)
Net Debt$-0.1B
Market Cap$1B
Peers used for multiples: CMC, CON, CSTM, CVLT, EQH, HALO, RHP, TDC
60-Day Conviction
77%
20-Day Fair Value
≈ by Nov 17, 2026
$4.61
α +1.1% rank 85%
conviction
62%
40-Day Fair Value
≈ by Dec 16, 2026
$4.66
α +2.1% rank 83%
conviction
64%
60-Day Fair Value
≈ by Jan 14, 2027
$4.68
α +2.6% rank 78%
conviction
77%
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0% median 25.0× · 7 peers
Peer EV/EBITDA $3.51 9% median 13.3× · 8 peers
Peer P/B $4.68 11% median 10.5× · 7 peers
Peer P/S $13.74 11% median 2.0× · 8 peers
Market Anchor (SMA50) $7.12 46% stability 79% (BB-width)
Options Expected (B-L 30d) $4.54 23% 16 strikes · skew -0.02
As of 2026-10-19 · updated
About
Industry (SIC)
HEATING EQUIPMENT, EXCEPT ELECTRIC & WARM AIR FURNACES (3433) · industry map
Exchange
XNYS
Market Cap
$0.7B
Employees
1,650
List Date
2015-06-16
CIK
0001630805
Next Earnings
2026-11-03 (Pre-Market)
EPS Forecast
$0.03 (1 est.)
Headquarters
Akron, OH
Homepage
https://www.babcock.com

Babcock & Wilcox Enterprises Inc is an energy technologies provider offering energy and emissions control solutions to a broad range of industrial, electrical utility, municipal, and other customers. It offers technologies that utilize coal, natural gas, hydrogen, waste, and biomass to produce energy, environmental solutions, and carbon capture systems. The company's product portfolio comprises steam generation systems, environmental solutions, combustion and fuel systems, and related equipment and services. Additionally, it offers specialized technologies (BrightLoop) in industrial energy pro…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan65.67%-22.91%18.36%-10.20%-21.39%51.81%13.56%
Feb20.82%-4.88%2.04%-4.48%-19.40%-12.02%-2.99%
Mar34.90%17.58%-8.04%-14.39%-34.72%63.22%9.76%
Apr-7.01%-11.54%4.01%-16.39%-1.46%4.61%-4.63%
May-2.49%-12.67%-22.71%11.43%51.55%31.13%9.37%
Jun-11.36%-9.19%18.95%16.94%21.05%-17.11%3.21%
Jul-5.79%32.89%-7.43%-12.90%2.17%-28.06%-3.19%
Aug3.99%-6.99%-2.78%-10.61%139.07%-20.80%16.98%
Sep-9.97%-16.60%-23.45%85.45%19.83%-14.62%6.77%
Oct-0.15%-31.84%-26.94%19.79%31.75%-21.24%*-4.77%
Nov27.63%5.07%-42.28%-14.66%59.44%--7.04%
Dec5.99%12.92%-12.57%-16.75%3.59%---1.36%
Total158.55%-49.58%-73.02%-1.69%376.22%-5.03%67.58%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $5.62
SMA 50: $7.03
SMA 200: $11.62
Current: $4.56
EMA 12: $5.19
EMA 26: $5.89
MACD: -0.6988 | Signal: -0.0278
BEARISH
ADX (14): 36.64
TREND
+DI: 9.91
−DI: 34.24

Momentum Oscillators

RSI (14): 25.98
OVERSOLD
Stoch %K: 11.52
Stoch %D: 12.93
Williams %R: -96.64

Volume & Volatility

BB Upper: $6.96
BB Lower: $4.29
NEUTRAL
OBV: 118,492,862
Vol SMA 20: 5,360,710
Vol ROC: -31.70%
ATR: $0.42
True Range: $0.23
HV 20: 64.5%
HV 30: 82.5%
HV 60: 90.1%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-21T00:00:00 – 2026-10-19T00:00:00
AI Analysis

LLM Stock Analysis Report: BW

Executive Summary

Overall Assessment: BEARISH (Confidence Level: 8/10)

Key Drivers:

  • Technical indicators suggest a bearish trend with MACD and ADX in sell zones
  • Recent news headlines are overwhelmingly negative, indicating high risk and volatility
  • Beta analysis indicates high volatility relative to the market

Primary Risks:

  • High volatility driven by negative news sentiment
  • Potential for further price declines if technical signals continue to deteriorate

Investment Thesis: The stock is likely to experience further price declines due to bearish technical indicators and negative news sentiment. A cautious approach is recommended, with potential opportunities arising from short-term mean reversion or a reversal of recent trends.

Recent News Sentiment Impact: The majority of recent news headlines are negative, indicating high risk and volatility. This sentiment aligns with the bearish technical signals and suggests that investors should be cautious.

Technical Analysis

Trend Direction:

  • Short-term: Bearish (1-4 weeks)
  • Medium-term: Bearish (1-3 months)
  • Long-term: Neutral (3-12 months)

Support/Resistance Levels: Upper support level: $7.95 (SMA 20) Lower resistance level: $6.05 (Bollinger Bands Lower Band)

Momentum Signals:

  • RSI: 46.66 (neutral)
  • MACD signal: Bearish
  • Bollinger Bands position: Mean reversion

Volume Analysis: Volume is trending upward, indicating increasing institutional interest and potential for further price moves.

News & Sentiment Analysis

Recent Headlines Summary: The majority of recent news headlines are negative, highlighting class action lawsuits and regulatory issues.

Sentiment Assessment: News sentiment is overwhelmingly NEGATIVE (8/10), suggesting high risk and volatility.

Catalyst Identification: No specific catalysts identified, but the ongoing negative news sentiment could continue to drive price movements.

Market Narrative: The news sentiment aligns with the bearish technical signals, indicating a strong sell signal.

Risk & Volatility Assessment

Beta Interpretation: The beta analysis indicates high risk relative to the market (beta > 1.5).

Volatility Regime: Current volatility is higher than historical levels, suggesting a regime shift.

Options Market Signals: IV rank: Low (4.0%) Put/call ratios: Bullish sentiment (749 calls vs 155 puts)

Downside Protection: Support level at $7.95 (SMA 20) could provide some downside protection.

Market Context & Positioning

Sector Performance: The sector is weak, with the energy and materials sectors experiencing significant declines.

Institutional Activity: Volume patterns suggest increasing institutional interest, which could lead to further price movements.

Correlation Analysis: The stock has a moderate correlation (0.35) with the broader market, indicating some dependence on market trends.

Relative Valuation: The stock is trading below its historical average relative to the sector and the market.

Key Levels & Action Items

Critical Price Levels:

  • Support: $7.95 (SMA 20)
  • Resistance: $9.85 (Bollinger Bands Upper Band)

Breakout/Breakdown Levels: No specific levels identified, but the ongoing negative news sentiment could trigger further price declines.

Time-Sensitive Catalysts: No specific catalysts identified, but upcoming earnings or regulatory announcements could impact the stock's performance.

Risk Management: Stop-loss levels should be set at $7.30 (10% below current price) to limit potential losses.

Note: The analysis is based on the provided data and should not be considered as personalized investment advice.

Generated
News
All BW news →
Showing 1–10 of 50
Page 1 of 5
Earnings History
18 of 19 under expected move
Avg Expected Move
60.18%
Avg Actual Move
6.79%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-02-09 Pre-Market 25.50% 7.22% 0.28x Within
2021-04-22 Pre-Market 23.30% 5.55% 0.24x Within
2021-08-12 Pre-Market 11.05% 1.17% 0.11x Within
2021-11-10 Pre-Market 10.42% 2.37% 0.23x Within
2022-03-08 Pre-Market 19.03% 4.98% 0.26x Within
2023-03-15 Pre-Market 12.55% 0.74% 0.06x Within
2023-05-10 Pre-Market 18.49% 0.00% 0.00x Within
2023-08-08 Pre-Market 6.73% 0.96% 0.14x Within
2023-11-09 Pre-Market 14.96% 1.28% 0.09x Within
2024-03-14 Pre-Market 63.41% 4.07% 0.06x Within
2024-05-09 Pre-Market 19.66% 4.27% 0.22x Within
2024-08-08 Pre-Market 29.28% 0.00% 0.00x Within
2024-11-12 Pre-Market 19.96% 3.80% 0.19x Within
2025-03-31 Pre-Market 733.43% 5.16% 0.01x Within
2025-08-11 Pre-Market 35.98% 3.79% 0.11x Within
2025-11-04 After-Close 49.47% 28.34% 0.57x Within
2026-03-04 Pre-Market 19.44% 45.68% 2.35x Exceeded
2026-05-11 After-Close 13.48% 4.44% 0.33x Within
2026-08-10 Pre-Market 17.34% 5.23% 0.30x Within

Earnings calendar: this week’s reports with expected vs actual moves →

BW Options Activity & IV Rank

BW IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 106.9%
7-DTE IV: —
Expected Move: $1.23
7-DTE Move: $1.23
Days to Exp: 32 (2026-11-20)

Options Flow

Call Volume: 755
Put Volume: 605
P/C Volume: 0.801
NEUTRAL
Call OI: 27,176
Put OI: 6,131
P/C OI: 0.226
Total OI: 33,307

ATM Options Pricing

ATM Call: $0.40
ATM Put: $0.82
Call %: 8.8%
Put %: 18.1%

Chain Summary

Chain Volume: 4,291
Chain OI: 98,637
Last Updated: 10/19/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 12th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
12%
vs own history
GEX tilt
-0.48
OI-weighted, today
Vanna tilt
-0.34
δ-sensitivity to IV
Charm tilt
+0.58
δ-decay vs time
Vanna tilt -0.34: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +0.58: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 12 ATM contracts, 7k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 19 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 19 · ATM 104.2% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)57.8MediumOct 19
Straddle Price (30 DTE)$1.23Oct 19
Beta Analysis

Risk Metrics

Beta: 3.2947
Alpha: 47.95%
Correlation: 0.3496
R-Squared: 12.2%
Stock Volatility: 120.0%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own BW
4 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$19.0M
0.01%
#1164 of 3716-60.0%13F
Citadel Hedge fund
Ken Griffin
$4.6M
0.00%
#2165 of 6285-87.2%13F
Renaissance Technologies Hedge fund
Jim Simons
$347K
0.00%
#2727 of 3138-93.2%13F
Rockefeller Capital Management Family office
Rockefeller family
$14K
0.00%
#3869 of 4729-51.1%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

BW Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 128,325,500 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

221 filers141,064,773 shares$1.92B value109.93% of float
# Filer Shares Value % of Total % of Float Period
1 BRC Group Holdings, Inc. 27,446,522 $387.00M 20.15% 21.39% 2026-06-30
2 Hood River Capital Management LLC 13,689,679 $193.02M 10.05% 10.67% 2026-06-30
3 BlackRock, Inc. Custodian 11,350,106 $160.04M 8.33% 8.84% 2026-06-30
4 Ameriprise Financial, Inc. Custodian 7,659,376 $108.00M 5.62% 5.97% 2026-06-30
5 Vanguard Capital Management LLC 5,987,572 $84.42M 4.40% 4.67% 2026-06-30
6 GENDELL JEFFREY L 5,142,978 $72.52M 3.78% 4.01% 2026-06-30
7 Marshall Wace, LLP Custodian 3,913,419 $55.18M 2.87% 3.05% 2026-06-30
8 Neuberger Berman Group LLC 3,282,114 $46.28M 2.41% 2.56% 2026-06-30
9 Geode Capital Management, LLC Custodian 3,209,585 $45.26M 2.36% 2.50% 2026-06-30
10 State Street Corp 2,960,292 $41.74M 2.17% 2.31% 2026-06-30
11 Driehaus Capital Management LLC 2,337,212 $32.95M 1.72% 1.82% 2026-06-30
12 Value Aligned Research Advisors, LLC 2,238,024 $31.56M 1.64% 1.74% 2026-06-30
13 T. Rowe Price Associates, Inc. 2,225,293 $31.38M 1.63% 1.73% 2026-06-30
14 COOPER CREEK PARTNERS MANAGEMENT LLC 2,194,765 $30.95M 1.61% 1.71% 2026-06-30
15 Vanguard Group Inc Custodian 4,734,991 $30.02M 1.56% 3.69% 2025-12-31
16 Situational Awareness LP 2,027,451 $28.59M 1.49% 1.58% 2026-06-30
17 Legal & General Group Plc Custodian 1,619,975 $22.84M 1.19% 1.26% 2026-06-30
18 Situational Awareness Partners LP 1,353,900 $19.89M 1.04% 1.06% 2026-03-31
19 Millennium Management LLC Custodian 1,346,695 $18.99M 0.99% 1.05% 2026-06-30
20 VOYA INVESTMENT MANAGEMENT LLC 1,318,145 $18.59M 0.97% 1.03% 2026-06-30
21 Wellington Management Group LLP Custodian 1,295,031 $18.26M 0.95% 1.01% 2026-06-30
22 UBS Group AG Custodian 1,260,179 $17.77M 0.93% 0.98% 2026-06-30
23 Bank of America Corp Custodian 1,173,240 $16.54M 0.86% 0.91% 2026-06-30
24 Allspring Global Investments Holdings, LLC 1,244,215 $15.85M 0.83% 0.97% 2026-06-30
25 Northern Trust Corp Custodian 1,116,429 $15.74M 0.82% 0.87% 2026-06-30
11 filers$55.70M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $22.55M 40.49% 2026-06-30
2 Jane Street Group, LLC Custodian $9.94M 17.84% 2026-06-30
3 Citadel Advisors LLC Custodian $7.47M 13.42% 2026-06-30
4 GROUP ONE TRADING LLC Custodian $5.44M 9.76% 2026-06-30
5 IMC-Chicago, LLC Custodian $4.29M 7.70% 2026-06-30
6 Value Aligned Research Advisors, LLC $2.10M 3.77% 2026-06-30
7 PEAK6 LLC $1.31M 2.35% 2026-06-30
8 Point72 Asset Management, L.P. $1.24M 2.23% 2026-06-30
9 Simplex Trading, LLC Custodian $759.99K 1.36% 2026-06-30
10 United Advisor Group, LLC $528.75K 0.95% 2026-06-30
11 Wolverine Trading, LLC Custodian $76.00K 0.14% 2025-09-30
8 filers$5.82M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $1.98M 34.10% 2026-06-30
2 IMC-Chicago, LLC Custodian $1.23M 21.06% 2026-06-30
3 Citadel Advisors LLC Custodian $1.09M 18.76% 2026-06-30
4 Jane Street Group, LLC Custodian $743.07K 12.77% 2026-06-30
5 Simplex Trading, LLC Custodian $375.06K 6.45% 2026-06-30
6 GROUP ONE TRADING LLC Custodian $227.01K 3.90% 2026-06-30
7 Point72 Asset Management, L.P. $128.31K 2.21% 2026-06-30
8 Wolverine Trading, LLC Custodian $43.88K 0.75% 2025-09-30

BW Insider Trading (Form 4)

Latest: 2026-08-20
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-08-20 Alan B Howe Director Gift (G) — — EDGAR
2026-08-14 Philip D Moeller Director Buy (P) +5,000 $9.50 $47.5K EDGAR
2026-08-13 Kenneth M Young Chief Executive Officer Buy (P) +7,000 $9.65 $67.5K EDGAR
2026-08-07 Kenneth M Young Chief Executive Officer Mixed +45,742 $9.73 $444.9K EDGAR
2026-08-07 Cameron M Frymyer Chief Financial Officer Mixed +21,237 $9.38 $199.2K EDGAR
2026-08-07 Kenneth M Young Chief Executive Officer Mixed +45,742 $9.73 $444.9K EDGAR
2026-08-07 Cameron M Frymyer Chief Financial Officer Mixed +21,237 $9.38 $199.2K EDGAR
2026-08-06 Cameron M Frymyer Chief Financial Officer Mixed +27,701 $9.93 $275.2K EDGAR
2026-08-06 Cameron M Frymyer Chief Financial Officer Mixed +27,701 $9.93 $275.2K EDGAR
2026-06-02 John J Dziewisz General Counsel & Secretary Mixed +122,049 $19.18 $2.34M EDGAR
2026-05-19 Philip D Moeller Director Mixed +38,250 $21.22 $811.7K EDGAR
2026-05-19 Rebecca L Stahl Director Mixed +38,250 $21.22 $811.7K EDGAR
2026-05-19 Alan B Howe Director Mixed +38,250 $21.22 $811.7K EDGAR
2026-05-19 Naomi Louise Boness Director Mixed +38,250 $21.22 $811.7K EDGAR
2026-05-19 Joseph A Tato Director Mixed +38,250 $21.22 $811.7K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

BW Insider Holdings

14 insiders · @ $4.56
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Kenneth M Young Chief Executive Officer 1,982,021 $9.04M $1.22M 38 2026-08-13
2 Jimmy B Morgan Chief Commercial Officer 584,813 $2.67M $272.3K 43 2025-08-11
3 Louis Salamone Jr Chief Financial Officer 583,045 $2.66M $636.8K 31 2024-12-10
4 Henry E Bartoli Director 488,187 $2.23M $19.1K 23 2025-11-21
5 John J Dziewisz General Counsel & Secretary 416,769 $1.90M -$364.1K 34 2026-06-02
6 Cameron M Frymyer Chief Financial Officer 390,177 $1.78M $70.1K 11 2026-08-07
7 Philip D Moeller Director 240,809 $1.10M $142.3K 11 2026-08-14
8 Rebecca L Stahl Director 230,763 $1.05M $17.0K 8 2026-05-19
9 Christopher S Riker Chief Operating Officer 222,417 $1.01M $47.9K 16 2025-09-05
10 Joseph A Tato Director 207,338 $945.5K $72.7K 11 2026-05-19
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

BW Proposed Insider Sales (Form 144)

Latest: 2026-08-12
Last 30d: 0 filings  ·  Last 90d: 2 filings · $4.0M notice value · 1 unique filer · 50% under 10b5-1 plans

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Dziewisz John J (2, $4.0M)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-08-12 Dziewisz John J Former Affiliate 410,862 $3.99M 2026-08-12 Charles Schwab & Co., Inc. — EDGAR
2026-08-10 Dziewisz John J Former Affiliate 5,963 $56.5K 2026-08-10 Charles Schwab & Co., Inc. 10b5-1 EDGAR
2025-08-08 Dziewisz John J Officer 2,915 $3.9K 2025-08-08 Charles Schwab & Co., Inc. 10b5-1 EDGAR
2025-07-31 Dziewisz John J Officer 2,551 $2.4K 2025-07-31 Charles Schwab & Co., Inc. 10b5-1 EDGAR
2024-08-15 Dziewisz John J Officer 2,733 $2.9K 2024-08-15 Charles Schwab & Co., Inc. 10b5-1 EDGAR
2024-08-01 Dziewisz John J Officer 2,551 $3.5K 2024-08-01 Charles Schwab & Co., Inc. 10b5-1 EDGAR
2023-08-31 Dziewisz John J Officer 2,551 $12.9K 2023-08-31 Charles Schwab & Co., Inc. 10b5-1 EDGAR
2023-08-30 Dziewisz John J Officer 2,733 $13.9K 2023-08-30 Charles Schwab & Co., Inc. 10b5-1 EDGAR
2023-08-16 Dziewisz John J Officer 2,050 $10.5K 2023-08-16 Charles Schwab & Co., Inc. 10b5-1 EDGAR
2023-08-11 Buckler Joseph T Officer 6,000 $32.0K 2023-08-11 Charles Schwab & Co., Inc. 10b5-1 EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
42 ETFs hold BW
25 shown · $85.82M total exposure · 0.02% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $26.3M — 2026-09-30
2 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.02% $17.4M $74.8B 2026-10-16
3 PFF iShares Preferred and Income Securities ETF iShares (BlackRock) 0.07% $8.2M $11.9B 2026-10-16
4 VXF Vanguard Extended Market ETF Vanguard 0.01% $7.4M — 2026-09-30
5 IWN iShares Russell 2000 Value ETF iShares (BlackRock) 0.04% $5.9M $13.5B 2026-10-16
6 VTWO Vanguard Russell 2000 ETF Vanguard 0.03% $5.0M — 2026-09-30
7 JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF Janus 0.33% $3.3M $1.0B 2026-10-16
8 FESM Fidelity Enhanced Small Cap Core ETF Fidelity 0.03% $2.0M $6.5B 2026-10-16
9 DFMC Dimensional US Micro Cap ETF Dimensional 0.02% $1.4M — 2026-10-16
10 MSSM Morgan Stanley Pathway Small-Mid Cap Equity ETF Nport 0.17% $1.3M — 2026-05-31
11 DFAS Dimensional US Small Cap ETF Dimensional 0.00% $1.2M — 2026-10-16
12 FSML Franklin Small Cap Enhanced ETF Franklin 0.71% $1.1M $147.1M 2026-10-19
13 VIS Vanguard Industrials ETF Vanguard 0.01% $867,252 — 2026-09-30
14 VFMO Vanguard U.S. Momentum Factor ETF Vanguard 0.04% $772,099 — 2026-10-16
15 VTWV Vanguard Russell 2000 Value ETF Vanguard 0.06% $748,805 — 2026-09-30
16 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.00% $684,790 $96.3B 2026-10-16
17 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.00% $560,591 — 2026-10-16
18 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.00% $356,581 $13.3B 2026-10-16
19 RSSL Global X Russell 2000 ETF Global X 0.02% $322,611 — 2026-10-19
20 SMLF iShares U.S. Small-Cap Equity Factor ETF iShares (BlackRock) 0.01% $262,495 $4.1B 2026-10-16
21 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.00% $195,657 — 2026-10-16
22 FIDU Fidelity MSCI Industrials Index ETF Fidelity 0.01% $175,468 $2.3B 2026-10-16
23 IWV iShares Russell 3000 ETF iShares (BlackRock) 0.00% $167,059 $20.4B 2026-10-16
24 BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF JPMorgan 0.02% $158,984 $715.2M 2026-10-19
25 GSSC Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Goldman 0.01% $150,478 $1.0B 2026-10-16
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$-0.18
TTM Revenue
$821.95M
TTM Net Income
$-33.21M
TTM Op. Cash Flow
—
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$319.72M$10.54M$0.07—
Q1 '262026-03-31$214.41M$-80.66M$-0.60$17.79M
Q4 '252025-12-31$138.81M$5.53M$0.09$-2.99M
Q3 '252025-09-30$149.01M$31.38M$0.30$-32.11M
Q2 '252025-06-30$138.86M$-62.21M$-0.63$-25.31M
Q1 '252025-03-31$148.60M$-25.72M$-0.26$-8.48M
Q4 '242024-12-31$136.12M$-66.87M$-0.73$-22.52M
Q3 '242024-09-30$152.63M$-9.05M$-0.10$-69.47M
Q2 '242024-06-30$151.41M$21.69M$0.24$-11.81M
Q1 '242024-03-31$164.29M$-20.55M$-0.23$-14.94M
Q4 '232023-12-31$227.17M$-66.45M$-0.74$8.20M
Q3 '232023-09-30$239.41M$-120.60M$-1.35$-28.22M
Q2 2026 • period ending 2026-06-30 • filed 2026-08-10
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
10.20
P/S
0.71
EV/EBITDA
19.81
EV/Sales
0.63
ROE
-57.9%
ROA
-3.3%
Div Yield
2.70%
FCF Yield
—
Debt/Equity
4.20
Current Ratio
—
Market Cap
$585.16M
as of 2026-10-19
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
22.53M
SI % of Float
19.31%
Days to Cover
4.31
Short Vol Ratio
46.3%
Free Float
116.64M
Float %
78.3%
Short interest 2026-09-30 • Short volume 2026-10-19 • Float 2026-08-14