Oceaneering International (NYSE:OII) COO Sells $188,309.28 in Stock

Oceaneering International, Inc. (NYSE:OII) COO Benjamin Laura sold 5,106 shares of Oceaneering International stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $36.88, for a total transaction of $188,309.28. Following the sale, the chief operating officer directly owned 40,805 shares in the company, valued at approximately $1,504,888.40. This trade represents a 11.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Benjamin Laura also recently made the following trade(s):

• On Wednesday, February 25th, Benjamin Laura sold 33,176 shares of Oceaneering International stock. The shares were sold at an average price of $37.51, for a total transaction of $1,244,431.76.

Oceaneering International Stock Performance

OII opened at $35.50 on Friday. The firm has a market capitalization of $3.53 billion, a PE ratio of 10.14 and a beta of 1.26. Oceaneering International, Inc. has a twelve month low of $15.46 and a twelve month high of $39.00. The firm’s 50-day moving average price is $29.55 and its 200 day moving average price is $26.02. The company has a current ratio of 1.99, a quick ratio of 1.68 and a debt-to-equity ratio of 0.45.

Oceaneering International (NYSE:OII) last released its quarterly earnings data on Wednesday, February 18th. The oil and gas company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The company had revenue of $668.57 million during the quarter, compared to the consensus estimate of $678.16 million. Oceaneering International had a net margin of 12.71% and a return on equity of 21.58%. Oceaneering International’s quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 EPS. As a group, sell-side analysts expect that Oceaneering International, Inc. will post 1.78 EPS for the current fiscal year.

Hedge Funds Weigh In On Oceaneering International

Hedge funds have recently made changes to their positions in the stock. Salomon & Ludwin LLC purchased a new stake in Oceaneering International in the third quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Oceaneering International in the third quarter valued at $28,000. EverSource Wealth Advisors LLC raised its holdings in shares of Oceaneering International by 335.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,442 shares of the oil and gas company’s stock valued at $30,000 after buying an additional 1,111 shares during the period. Quarry LP acquired a new position in Oceaneering International during the 3rd quarter worth about $30,000. Finally, SBI Securities Co. Ltd. lifted its stake in Oceaneering International by 255.1% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,392 shares of the oil and gas company’s stock worth $34,000 after acquiring an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on OII. TD Cowen upped their target price on Oceaneering International from $25.00 to $27.00 and gave the company a “hold” rating in a report on Monday, November 3rd. Barclays boosted their price target on shares of Oceaneering International from $23.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday, February 23rd. Zacks Research upgraded shares of Oceaneering International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Wall Street Zen lowered shares of Oceaneering International from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Weiss Ratings raised shares of Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $28.00.

Oceaneering International News Roundup

Here are the key news stories impacting Oceaneering International this week:

• Positive Sentiment: Momentum/technical — OII recently reached a 52‑week high, which can attract momentum traders and institutional interest. Article Title
• Positive Sentiment: Analyst support — several outlets have upgraded or raised outlooks recently and MarketBeat shows a consensus near “Moderate Buy,” giving the stock some fundamental/coverage support. Article Title
• Neutral Sentiment: Mixed quarterly results — Q4 EPS of $0.45 slightly beat consensus ($0.44) but revenue (~$668.6M) missed estimates and declined year‑over‑year, signaling profitability resilience but softer top‑line momentum. Article Title
• Negative Sentiment: Large, concentrated insider selling — multiple senior executives (COO, SVPs) and a director sold sizable blocks on Feb. 25–26 (collectively ~111.7k shares, roughly $4.2M in proceeds), cutting several insiders’ holdings by 20–42%; that typically creates investor concern and near‑term selling pressure. Article Title
• Negative Sentiment: SEC Form 4 confirmations — the sales were reported via Form 4 filings (open‑market transactions, not private block transfers), removing ambiguity about motive and amplifying market reaction. Example filing: COO Benjamin Laura. SEC Form 4

Oceaneering International Company Profile

Oceaneering International, Inc is a global provider of engineered services and products primarily to the offshore oil and gas industry, as well as to aerospace, defense, and commercial diving markets. The company specializes in remotely operated vehicles (ROVs), subsea intervention, and inspection services designed to support exploration, production and maintenance activities in challenging underwater environments. In addition to ROV operations, Oceaneering offers asset integrity solutions, specialized tooling, and intervention equipment for pipelines, risers, and flowlines.

Founded in 1964 and headquartered in Houston, Texas, Oceaneering has grown through both organic expansion and strategic acquisitions.