A Director at Broadwind Energy (NASDAQ: BWEN) is Selling Shares

By Carrie Williams

Today, a Director at Broadwind Energy (NASDAQ: BWEN), Thomas Wagner, sold shares of BWEN for $40.83K.

In addition to Thomas Wagner, 4 other BWEN executives reported Sell trades in the last month.

Based on Broadwind Energy’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $56.06 million and quarterly net profit of $6.33 million. In comparison, last year the company earned revenue of $46.76 million and had a GAAP net loss of $377K. The company has a one year high of $9.80 and a one year low of $3.28. BWEN’s market cap is $111.5M and the company has a P/E ratio of 13.02.

The insider sentiment on Broadwind Energy has been neutral according to 25 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Broadwind Energy, Inc. engages in the provision of technologically advanced high-value products to energy, mining, and infrastructure sector customers. It operates through Towers and Weldments, and Gearing. The Towers and Weldments segment is the manufacturing of towers for wind turbines, specifically the large and heavier wind towers that are designed for multiple megawatt wind turbines. The Gearing segment is comprised of engineers that build, and remanufactures precision gears and gearing systems for oil and gas, wind energy, mining, steel, and other industrial applications.