{
  "id": 17346879,
  "title": "Booz Allen Hamilton EVP & general counsel sells $124,380 in stock",
  "url": "https://urgent.news/2026/10/31/booz-allen-hamilton-evp-general-counsel-sells-124-380-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-31T05:46:07.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/booz-allen-hamilton-evp--general-counsel-sells-124380-in-stock-93CH-4989121"
  },
  "original_language": "en",
  "account": "Booz Allen Hamilton's Executive Vice President and General Counsel, Joshua Petty, sold 1,500 shares of the company's Class A Common Stock on October 28, 2026, in a transaction valued at $124,380. Following the sale, Petty's direct beneficial ownership in Booz Allen reduced to 8,538 shares. Despite the stock's recent climb to $88.49, marking a 13% gain over the past week, the sale highlighted reduced holdings by a key executive. Booz Allen's Pro Research Report suggests the company is undervalued at current levels, providing investors with comprehensive insights. The company's Board of Directors recently approved a change to the vesting schedule for 3,004 restricted stock units previously granted to Petty, altering the previously three-year vesting to quarterly. This modification led to approximately 16.67% of the units vesting on November 6, 2026, with the remaining shares set to vest over the next ten quarters starting in January 2027. Booz Allen's fiscal second-quarter adjusted earnings per share came in at $1.76, exceeding expectations of $1.48. However, revenue for the quarter was $2.8 billion, slightly below the forecasted $2.81 billion, indicating a 3.9% year-over-year decline. The company reported strong cash flow with $263 million in free cash flow, fueled by robust collections. The company's total backlog reached nearly $41 billion, with a 5% increase in funded backlog to $5.7 billion, signaling positive future prospects. Analyst opinions varied, with UBS raising its price target to $86, TD Cowen upgrading to a Buy rating with a target of $95, and BofA Securities lowering its target to $68. These mixed signals present a complex scenario for investors, weighing strong earnings against revenue challenges.",
  "summary": null,
  "key_points": [
    "Joshua Petty sold 1,500 shares of Booz Allen Hamilton stock for $124,380 on October 28, 2026.",
    "Petty's direct ownership reduced to 8,538 shares post-sale.",
    "Booz Allen's earnings per share exceeded expectations at $1.76."
  ],
  "editors_take": "The executive's decision to liquidate shares following a recent price surge suggests a strategic reduction in personal exposure despite the company's strong backlog and positive earnings performance.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}