The Sr. VP-Admin of Badger Meter (NYSE: BMI) is Selling Shares

By Carrie Williams

Today, the Sr. VP-Admin of Badger Meter (BMIResearch Report), Richard E. Johnson, sold shares of BMI for $346.3K.

Following Richard E. Johnson’s last BMI Sell transaction on November 05, 2018, the stock climbed by 9.4%.

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Based on Badger Meter’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $104 million and quarterly net profit of $11.24 million. In comparison, last year the company earned revenue of $96.65 million and had a net profit of $7.23 million. BMI’s market cap is $1.73B and the company has a P/E ratio of 62.01. Currently, Badger Meter has an average volume of 133.6K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $54.33, reflecting a -8.3% downside.

The insider sentiment on Badger Meter has been neutral according to 62 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Richard E. Johnson’s trades have generated a -2.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Badger Meter, Inc. engages in the provision of flow measurement, control products, and communications solutions that serves water utilities, municipalities, and commercial and industrial customers worldwide. Its products are classified into two categories: Municipal Water and Flow Instrumentation.