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Who is the Top Investor In Barnes Group Inc. (B)?

Barnes Group Inc. (NYSE: B) is 25.01% higher on its value in year-to-date trading and has touched a low of $18.79 and a high of $43.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The B stock was last observed hovering at around $39.85 in the last trading session, with the day’s gains setting it 0.94%.

Currently trading at $40.79, the stock is 2.71% and 4.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.7 million and changing 2.36% at the moment leaves the stock 20.71% off its SMA200. B registered -1.50% loss for a year compared to 6-month gain of 32.35%.

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The stock witnessed a 9.80% loss in the last 1 month and extending the period to 3 months gives it a 10.81%, and is 1.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.22% over the week and 3.09% over the month.

Barnes Group Inc. (B) has around 6500 employees, a market worth around $2.07B and $1.55B in sales. Current P/E ratio is 442.41 and Fwd P/E is 18.60. Profit margin for the company is 0.31%. Distance from 52-week low is 117.08% and -6.56% from its 52-week high. The company has generated returns on investments over the last 12 months (0.18%).

The EPS is expected to grow by 6.06% this year

The shares outstanding are 50.69M, and float is at 48.44M with Short Float at 2.50%.

Barnes Group Inc. (B) Insider Activity

The most recent transaction is an insider purchase by MANGUM MYLLE H, the company’s Director. SEC filings show that MANGUM MYLLE H bought 67 shares of the company’s common stock on Dec 08 ’23 at a price of $28.65 per share for a total of $1912.0. Following the purchase, the insider now owns 26367.0 shares.

Barnes Group Inc. disclosed in a document filed with the SEC on Nov 07 ’23 that Manner Hans-Peter (Director) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Nov 07 ’23 and was made at $22.78 per share for $1.14 million. Following the transaction, the insider now directly holds 66079.0 shares of the B stock.

Still, SEC filings show that on Nov 03 ’23, Knoll Jay B (SVP, Gen. Counsel & Secretary) acquired 4,500 shares at an average price of $22.60 for $0.1 million. The insider now directly holds 21,363 shares of Barnes Group Inc. (B).

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