The President & CEO of Broadwind Energy (NASDAQ: BWEN) is Buying Shares

By Carrie Williams

Today, the President & CEO of Broadwind Energy (BWENResearch Report), Stephanie Kushner, bought shares of BWEN for $18K.

In addition to Stephanie Kushner, 4 other BWEN executives reported Buy trades in the last month. This is Kushner’s first transaction since reporting a Sell transaction on CMCO back in March 2015

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Based on Broadwind Energy’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $41.17 million and GAAP net loss of $1.02 million. In comparison, last year the company earned revenue of $36.78 million and had a GAAP net loss of $6.12 million. Currently, Broadwind Energy has an average volume of 32.20K. The company has a one-year high of $2.59 and a one-year low of $1.15.

In the last 30 days, insiders have sold $6,919 worth of BWEN shares and purchased $30.13K worth of BWEN shares. The insider sentiment on Broadwind Energy has been neutral according to 24 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Broadwind Energy, Inc. is engaged in the manufacture of structures, equipment, and components for clean tech and other specialized applications. It operates through the following business segments: Towers and Heavy Fabrications, Gearing, Process Systems, and Corporartes. The Towers and Heavy Fabrications segment manufactures towers for wind turbines.