Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) CEO Bruce F. Young Sells 5,000 Shares

Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) CEO Bruce F. Young sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $7.09, for a total value of $35,450.00. Following the transaction, the chief executive officer now directly owns 2,049,275 shares in the company, valued at approximately $14,529,359.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Concrete Pumping Trading Down 3.4 %

Shares of NASDAQ BBCP traded down $0.24 during trading hours on Wednesday, hitting $6.86. 40,689 shares of the company traded hands, compared to its average volume of 77,294. The stock has a market capitalization of $369.56 million, a price-to-earnings ratio of 19.60 and a beta of 1.08. 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 company’s 50 day moving average price is $7.88 and its 200 day moving average price is $7.85. Concrete Pumping Holdings, Inc. has a 12 month low of $6.12 and a 12 month high of $9.15.

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

Hedge Funds Weigh In On Concrete Pumping

A number of large investors have recently bought and sold shares of BBCP. Dimensional Fund Advisors LP boosted its holdings in Concrete Pumping by 36.0% during the 4th 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 during the period. Renaissance Technologies LLC boosted its holdings in Concrete Pumping by 219.2% during the 4th quarter. Renaissance Technologies LLC now owns 428,300 shares of the company’s stock valued at $2,506,000 after acquiring an additional 294,100 shares during the period. Two Sigma Investments LP boosted its holdings in Concrete Pumping by 1,072.3% during the 4th quarter. Two Sigma Investments LP now owns 215,958 shares of the company’s stock valued at $1,263,000 after acquiring an additional 197,536 shares during the period. EAM Investors LLC purchased a new position in Concrete Pumping during the 3rd quarter valued at $1,502,000. Finally, Millennium Management LLC boosted its holdings in Concrete Pumping by 169.7% during the 4th quarter. Millennium Management LLC now owns 267,086 shares of the company’s stock valued at $1,562,000 after acquiring an additional 168,053 shares during the period. Hedge funds and other institutional investors own 34.20% of the company’s stock.

About Concrete Pumping

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.