Insider Selling: Booz Allen Hamilton Holding Co. (NYSE:BAH) CFO Sells $51,177.80 in Stock

Booz Allen Hamilton Holding Co. (NYSE:BAH) CFO Matthew Calderone sold 332 shares of the stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $51,177.80. Following the transaction, the chief financial officer now owns 23,438 shares of the company’s stock, valued at $3,612,967.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Matthew Calderone also recently made the following trade(s):

• On Thursday, March 14th, Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock. The stock was sold at an average price of $146.51, for a total value of $219,765.00.

Booz Allen Hamilton Stock Performance

BAH opened at $158.51 on Friday. Booz Allen Hamilton Holding Co. has a 12-month low of $89.80 and a 12-month high of $164.43. The stock has a market cap of $20.57 billion, a price-to-earnings ratio of 51.13, a PEG ratio of 1.89 and a beta of 0.53. The business has a 50 day moving average of $147.84 and a 200-day moving average of $138.89. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.11. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The company had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.71 billion. During the same period last year, the firm posted $1.01 earnings per share. The business’s revenue was up 13.9% on a year-over-year basis. On average, equities research analysts expect that Booz Allen Hamilton Holding Co. will post 5.39 earnings per share for the current year.

Institutional Trading of Booz Allen Hamilton

Several hedge funds have recently added to or reduced their stakes in BAH. Norges Bank acquired a new stake in Booz Allen Hamilton during the 4th quarter worth approximately $188,129,000. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Booz Allen Hamilton by 64.1% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,992,096 shares of the business services provider’s stock worth $217,676,000 after purchasing an additional 778,437 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Booz Allen Hamilton by 19.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider’s stock worth $497,084,000 after purchasing an additional 736,404 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Booz Allen Hamilton by 30.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider’s stock worth $324,341,000 after acquiring an additional 686,318 shares during the period. Finally, AGF Management Ltd. increased its stake in Booz Allen Hamilton by 40.8% during the 4th quarter. AGF Management Ltd. now owns 1,089,265 shares of the business services provider’s stock worth $139,328,000 after acquiring an additional 315,495 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on BAH. Jefferies Financial Group increased their price objective on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. Stifel Nicolaus increased their price target 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. Truist Financial increased their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a research report on Monday, January 29th. Wells Fargo & Company increased their price target on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 30th. Finally, The Goldman Sachs Group increased their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the company a “buy” rating in a research report on Monday, January 29th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $148.44.

About Booz Allen Hamilton

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.