Oceaneering International, Inc. (NYSE:OII – Get Free Report) SVP Holly Kriendler sold 5,798 shares of Oceaneering International stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $37.31, for a total value of $216,323.38. Following the transaction, the senior vice president directly owned 24,702 shares in the company, valued at approximately $921,631.62. The trade was a 19.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Holly Kriendler also recently made the following trade(s):
- On Wednesday, February 25th, Holly Kriendler sold 19,007 shares of Oceaneering International stock. The shares were sold at an average price of $37.73, for a total value of $717,134.11.
Oceaneering International Price Performance
Shares of NYSE:OII opened at $35.50 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.68 and a debt-to-equity ratio of 0.45. The stock has a market cap of $3.53 billion, a PE ratio of 10.14 and a beta of 1.26. The stock’s fifty day simple moving average is $29.55 and its two-hundred day simple moving average is $25.99. Oceaneering International, Inc. has a 1-year low of $15.46 and a 1-year high of $39.00.
Oceaneering International News Summary
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
Institutional Trading of Oceaneering International
A number of institutional investors have recently modified their holdings of OII. Vanguard Group Inc. grew its stake in Oceaneering International by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 12,371,147 shares of the oil and gas company’s stock valued at $297,279,000 after buying an additional 187,707 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of Oceaneering International by 12.2% during the second quarter. Brown Advisory Inc. now owns 7,345,637 shares of the oil and gas company’s stock worth $152,202,000 after acquiring an additional 799,718 shares in the last quarter. State Street Corp boosted its holdings in shares of Oceaneering International by 4.9% in the fourth quarter. State Street Corp now owns 4,647,252 shares of the oil and gas company’s stock worth $111,673,000 after acquiring an additional 215,366 shares during the period. Morgan Stanley Institutional Investment Advisors LLC purchased a new position in shares of Oceaneering International in the fourth quarter valued at $94,847,000. Finally, American Century Companies Inc. raised its stake in shares of Oceaneering International by 8.1% during the 3rd quarter. American Century Companies Inc. now owns 3,642,873 shares of the oil and gas company’s stock valued at $90,270,000 after purchasing an additional 272,667 shares during the period. 93.93% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms have commented on OII. Zacks Research raised shares of Oceaneering International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 4th. Wall Street Zen raised Oceaneering International from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. TD Cowen boosted their price objective on Oceaneering International from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Monday, November 3rd. Barclays raised their target price on Oceaneering International from $23.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings upgraded Oceaneering International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Oceaneering International has a consensus rating of “Moderate Buy” and an average price target of $28.00.
Read Our Latest Stock Report on OII
About Oceaneering International
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.
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