Joan Amble, a director at Booz Allen Hamilton Holding Corp (BAH), recently bought 2,000 shares. The buy increased her stake by 4%, and came to a total cost of $294,260.
This is the only insider buy at the consulting group over the past two years. Company insiders have been regular sellers of shares, both on the open market and following the exercise of stock options. Sellers include the company CEO, CFO and COO.
Overall, Booz Allen Hamilton insiders own 1.6% of shares.
The management and technology consulting firm is up 17% over the past year, far underperforming the overall stock market. The rise in shares is about in-line with their revenue increase of 18%, but BAH has also grown earnings by 129%.
BAH shares recently spiked to new 52-week highs, then sold off, potentially creating a reasonable entry point for long-term investors and dip-buying traders.
Action to take: Booz Allen Hamilton trades at 23 times forward earnings, about in-line with the overall stock market. Given the recent pop and drop in shares, the stock is likely moving back to its slow-and-steady long-term uptrend from here.
At current prices, BAH pays a 1.4% dividend.
For traders, the long-term uptrend is likely to continue. The March 2025 $170 calls, last trading for about $3.80, could see mid-double-digit returns on a push higher over the coming months.
Disclosure: The author of this article has no position in the company mentioned here, but may trade after the next 72 hours. The author receives no compensation from any company mentioned in this article.