Insider Selling: Booz Allen Hamilton Holding Co. (NYSE:BAH) EVP Sells $27,747.00 in Stock

Booz Allen Hamilton Holding Co. (NYSE:BAH) EVP Richard Crowe sold 180 shares of the company’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $27,747.00. Following the completion of the sale, the executive vice president now directly owns 17,486 shares in the company, valued at $2,695,466.90. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Booz Allen Hamilton Price Performance

BAH opened at $158.51 on Friday. The company’s 50-day simple moving average is $147.84 and its two-hundred day simple moving average is $138.89. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.68 and a current ratio of 1.68. The stock has a market capitalization of $20.57 billion, a P/E ratio of 51.13, a P/E/G ratio of 1.89 and a beta of 0.53. Booz Allen Hamilton Holding Co. has a 52-week low of $89.80 and a 52-week high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 EPS for the quarter, topping the consensus estimate of $1.22 by $0.11. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. Booz Allen Hamilton’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 earnings per share. As a group, analysts predict that Booz Allen Hamilton Holding Co. will post 5.39 EPS for the current year.

Institutional Trading of Booz Allen Hamilton

Several large investors have recently added to or reduced their stakes in the business. Banque Cantonale Vaudoise raised its holdings in Booz Allen Hamilton by 112.4% in the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after purchasing an additional 109 shares during the period. MCF Advisors LLC raised its holdings in Booz Allen Hamilton by 103.6% during the first quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 115 shares during the period. Crewe Advisors LLC purchased a new position in shares of Booz Allen Hamilton in the first quarter valued at about $35,000. Smithfield Trust Co boosted its stake in shares of Booz Allen Hamilton by 87.7% in the fourth quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after acquiring an additional 121 shares during the period. Finally, Riverview Trust Co purchased a new stake in shares of Booz Allen Hamilton during the first quarter worth about $39,000. 91.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BAH. Jefferies Financial Group raised their target price on shares of Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Stifel Nicolaus raised their price objective on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st. JPMorgan Chase & Co. boosted their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. The Goldman Sachs Group increased their target price on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. Finally, Truist Financial lifted their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research report on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $148.44.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.